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Lone Tree man pleads guilty to fraud, embezzling $4 million

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A Lone Tree man who took in more than $17 million from a government small business program before illegally siphoning off about $4 million, pleaded guilty to fraud charges. The U.S. Department of Justice said Hemal Ramesh Jhaveri, 52, used the company he founded and owned, SofTec Solutions, Inc. of Englewood, to participate in government programs between 2001 and 2010.


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