Home > News > Weapons developer sentenced to prison for fraud
May 5th, 2007
Weapons developer sentenced to prison for fraud
A well-known scientist in the field of nanomaterials is going to prison for 52 months for lying to receive more than $10 million in fraudulent loans.
Srikanth Raghunathan, 43, and his wife, Padmashri Sampathkumar, 40, of Irwin, both pleaded guilty in September to making false statements in regard to a bank application.
According to Assistant U.S. Attorney Brendan Conway, the couple used false documents, including doctored invoices, and fake bank statements, to obtain loans and lines of credit from a number of banks.
In all, the fraud cost dozens of banks and businesses more than $10 million.
Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers
The mysterious 'action at a distance' between liquid containers November 26th, 2014
'Giant' charge density disturbances discovered in nanomaterials: Juelich researchers amplify Friedel oscillations in thin metallic films November 26th, 2014
Lawrence Livermore researchers develop efficient method to produce nanoporous metals November 25th, 2014
Research yields material made of single-atom layers that snap together like Legos November 25th, 2014
NRL Scientists Discover Novel Metamaterial Properties within Hexagonal Boron Nitride November 20th, 2014
Two sensors in one: Nanoparticles that enable both MRI and fluorescent imaging could monitor cancer, other diseases November 18th, 2014
Researchers create & control spin waves, lifting prospects for enhanced info processing November 17th, 2014
Penn engineers efficiently 'mix' light at the nanoscale November 17th, 2014
Longhorn beetle inspires ink to fight counterfeiting November 5th, 2014
Iran-Made Respiratory Nano Masks Provided to Hajj Pilgrims October 23rd, 2014
Japanese gold leaf artists worked on a nano-scale: Study demonstrates X-ray fluorescence spectroscopy is a non-destructive way to date artwork July 3rd, 2014
Harry Potter-style invisibility cloaks: A real possibility next Christmas? Forget socks and shaving foam, the big kids of tomorrow want an invisible cloak for Christmas December 19th, 2013