Tag: Ashburn
Ashburn Swindler Pleads Guilty
⏱ 2 min read An Ashburn con man swindled hundreds of thousands from pandemic relief programs, then used the cash to trade stocks. Ravindar Reddy Palla, 59, operated IT Objects, a company his wife was listed as owner of on paper, but Palla was the real boss. Palla lied to the SBA, claiming IT Objects…
Ashburn Con Man Steals $851K in COVID-Relief Funds
⏱ 2 min read Ashburn con artist Ravindar Reddy Palla, 59, swiped $851,900 from COVID-19 relief programs, using the cash to trade securities in his own name. According to court documents, Palla’s scheme involved IT Objects, LLC, which he controlled despite listing his wife as the nominal owner. He lied to the Small Business Administration…
