FINRA – Barred
Financial Industry Regulatory Authority FINRA Case #2019063011801 https://www.finra.org/sites/default/files/2019-12/Disciplinary_Actions_December_2019.pdf
PPP Loan Fraud – Anand & Sudha Karney
According to documents produced during civil litigation, it has been alleged that Anand and Sudha Karney redirected client funds into personal accounts and used funds from the Paycheck Protection Program (PPP) to cover payroll expenses for their IT-related business operations. Plaintiffs claim that these transactions were not accurately reported as income, and that the couple […]
Pennsylvania – Insurance Commisioner
Disclaimer: This section is based on publicly available regulatory disclosures and communications. It is intended solely for informational and awareness purposes. Public records indicate that the Pennsylvania Insurance Department issued a cease and desist order against Amogh Karney following multiple reported violations of state insurance regulations. This action reportedly included the revocation of his professional […]
Sanctioned by NDBF
Disclaimer: This section is based on publicly available regulatory disclosures and communications. It is intended solely for informational and awareness purposes. The public notice issued by the Nebraska Department of Banking and Finance (NDBF) outlines conduct by Amogh Karney that was found to be in violation of applicable financial regulations. In one of the earliest […]
Police investigations
There are known investigations into Karney Family fraud . Which includes matters similar to Nebraska arrest warrant on bounced check . Some complaints include Karney Family ( not just Amogh Karney) . Example info is given below. If you are a victim and not interested in civil remedies , please contact your local law enforcement […]
Tax Fraud
Disclaimer: The following section is based on documents, financial summaries, and sworn statements that have been made available in the public domain. It is intended solely for informational purposes and does not constitute tax or legal advice. It has been reported that inaccurate K-1 forms and tax return documents were issued to investors and lenders. […]
Bounced checks and wires
Disclaimer: The following information is based on publicly available documents and reports shared by affected parties. It is intended for informational purposes only. On multiple occasions, Amogh Karney and Anand Karney are alleged to have provided misleading information regarding actual cash investments. One notable incident involved a reported $1.2 million wire transfer to Exchange Bank, […]
Bounced check -Class IV Felony+Arrest
Disclaimer: This section reflects records and statements made available through public channels and is shared for the sole purpose of public awareness. Amogh Karney was previously arrested and detained on charges related to the issuance of bounced checks, which under state law may constitute a Class IV felony. Despite the seriousness of the charge, Karney […]
Bankruptcy Fraud
Disclaimer: The following content is based on court filings and statements presented in open proceedings. It is intended only to inform the public. Amogh Karney was indicted and arrested in connection with perjury-related charges brought by the U.S. Bankruptcy Court. The case was later dismissed without prejudice, which means the charges may be reinstated in […]
IID Fraud Bureau
Disclaimer: The following information is based on reports and communications shared by individuals claiming to be contacted by the Iowa Insurance Division Fraud Bureau. It is shared solely for public awareness. Many victims have reported being contacted by the Iowa Insurance Division (IID) Fraud Bureau in connection with alleged Ponzi schemes believed to have originated […]