Day: June 7, 2022

Orange County man agrees to plead guilty to federal charges for obtaining more than $5 million in COVID loans for sham companies

An Orange County man has agreed to plead guilty to federal criminal charges that he fraudulently obtained more than $5 million in COVID-relief loans for three sham companies. Raghavender Reddy Budamala, 35, of Irvine, agreed to plead guilty to one count of bank fraud and one count of money laundering Read More