Minneapolis, Feb. 20 -- A 47-year-old man named Karan Gupta has been found guilty after a six-day trial on multiple counts, including fraud and money laundering conspiracy, for hiring an unqualified friend for a position where the friend did no work and paid half his unearned salary in kickbacks to Gupta, whose fraud totalled more than $1.2 million.

"Those who manufacture fraudulent schemes to appropriate money from legitimate businesses must be held accountable for their criminal conduct," said US Attorney Rosen.

"Kickback schemes and no-show jobs undermine legitimate businesses, and the perpetrators must suffer the consequences of their actions," Rosen added further.

"Mr Gupta abused his position of trust as the Senior Director of a ...