The Lexington Times

Lexington Business Owner Pleads Guilty to $393,998 Wire Fraud Scheme Involving Loans and PPP Funds

2024-01-31

LEXINGTON, Ky.--Prageeth S. Hettiarachchi, owner of ZAH LLC (Kentucky Dancesport Challenge and Ballroom House) and ZAH Investments LLC (ZAH Construction LLC), pleaded guilty Monday to two counts of wire fraud, as stated in his plea agreement.

Hettiarachchi admitted to engaging in fraudulent activities involving loans and PPP loans. From 2013 to 2018, he unlawfully obtained substantial funds from a client, T.E., and during the COVID-19 pandemic, he obtained four PPP loans using false claims.

Hettiarachchi's fraudulent actions resulted in unlawful gains totaling $393,998.87, for which he has agreed to pay restitution and forfeiture. Sentencing is scheduled for May 3, 2024.

https://img.particlenews.com/image.php?url=1gLniE_0r2edui600

Expand All

Read in NewsBreak

Comments / 3

Add a Comment

P. cruz

01-30

I try to tell folks they definitely getting investigated

Katie anne

01-30

gee whiz, are there any honest decent people out there anymore?

View all comments

YOU MAY ALSO LIKE

Local News

Texas Couple Sentenced to Federal Prison for COVID-Era PPP Loan Fraud

Tysonomo Multimedia4 days ago

$2M Fraud: Man Guilty of Using Stolen IDs to Rent Properties

Morristown Minute6 days ago

Fraudster Pleads Guilty: Stole $465K in COVID-19 Relief

Morristown Minute7 days ago

11 Arrested After U-Haul Filled with 9,400 Pounds of Berries Seized in St. Lucie

Uncovering Florida14 days ago

Entire city of St. Augustine, other parts of St. Johns County ordered to evacuate

Jacksonville Today5 hours ago

Police Log, 10/7/2024

The Shenandoah (PA) Sentinel1 day ago

Social Security Updates SSI Rules to Boost Benefits and Expand Eligibility

Morristown Minute1 day ago

Veteran Jacksonville police officer charged with kidnapping, stalking woman

Jacksonville Today25 days ago

Deputy killed in car crash while responding to accident

Robert Russell Shaneyfelt5 days ago

Struggling Retailer Files for Bankruptcy, Finds Buyer for $760 Million Purchase

Akeena28 days ago

Police seek man on attempted homicide charge in Columbia County

The Shenandoah (PA) Sentinel1 day ago

Two charged for abandoned hospital break-in, copper theft

The Shenandoah (PA) Sentinel22 days ago

Hurricane Milton: Updates

The Current GA3 days ago

North Carolina City Named One Of The 30 'Saddest' Cities In America

Town Talks8 days ago

Report says 7 California cities make the top 10 for most expensive to cool home in America

The HD Post20 days ago

This Is Why Idaho Is The State People Are Least Likely To Move Away From

Shop with Me Mama21 days ago

Diddy’s Former Inmate Shares Details About His 'Special Treatment' While Incarcerated

Kristen Brady1 day ago

Vision screenings for driver’s license renewals will be required in ’25 to enhance driver safety

Northern Kentucky Tribune19 days ago

Jackson PD Issue Warrant for Jackson Homicide Suspect

Mississippi News Group1 day ago

Live roach was found “in the process of dying on a plate over the make line" Florida diner shut down

Akeena4 days ago

New law allows tenants to report on-time rent payments to help credit score

The HD Post15 days ago

Colombian Citizen Guilty of Importing Cocaine to US

Morristown Minute6 days ago

Border Patrol’s refusal to rescue an injured man by cutting the wall shows a larger “cultural problem,” former CBP commissioner says

Arizona Luminaria19 days ago

Proposed law will require gas stoves to come with a warning label

The HD Post23 days ago

Elk Fire burns 6 buildings near Dayton as residents fight to save homes

WyoFile5 days ago

Assaulted by her cellmate in Tucson, a trans woman took the federal prisons to court

Arizona Luminaria3 hours ago

Aurora closes pallet community for homeless, slashing shelter space

David Heitz2 days ago

New CA law mandates clothing manufacturers recycle old clothes or face up to $50,000 per day fine

The HD Post8 days ago

Cleburne Woman Charged with Fatal Stabbing of Father-in-Law

Robert Russell Shaneyfelt10 days ago

More people exiting city homeless hotels to permanent housing than returning to street, data shows

David Heitz6 days ago

It’s essential to note our commitment to transparency:

Our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. As a platform hosting over 100,000 pieces of content published daily, we cannot pre-vet content, but we strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation.

Comments / 0

Community Policy