Ramesh Nathan was found guilty of wire fraud and money laundering after he deceived local investors, particularly veterans, with fictitious claims surrounding his non-existent space technology company, Relativity Research Fund. He lured victims with promises of groundbreaking technology and financial success, while in reality, there were no operational facets to the business. From 2016 to 2017, Nathan extracted around $50,000, using misleading materials and fake websites. The funds, rather than being used for innovation, were diverted for personal use. He was arrested in 2019 and now faces severe prison time for his actions.
Ramesh Nathan misled investors, particularly veterans, with promises of a nonexistent space technology venture, ultimately using their funds for personal expenses.
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