San Diego man charged with COVID-related loan fraud, money laundering
By SDCN Editor San Diego, CA–A San Diego man was arraigned in federal court on August 11 on additional charges that he fraudulently obtained $4 million in Paycheck Protection Program loans through several entities he managed and controlled. Denny Bhakta, 41 was first indicted in December 2021 for defrauding investors in his companies; a grand…