Tech owners plead guilty to falsifying federal grant requests

According to a statement from the US Attorney’s Office in Delaware, a Delaware man was found guilty of wire transfer fraud in connection with a false statement made in the final report to the US Air Force.

Pengcheng Lv is a co-owner of AlphaSense, Inc., a small technology company in Wilmington.

Prosecutors continued from 2008 to at least 2016, with Lv misrepresenting grant proposals and payment requests to US government agencies such as the US Department of Energy (DOE), Air Force, Navy, and Army. Said. Defense Advanced Research Projects Agency, National Science Foundation (NSF), and National Aeronautics and Space Administration (NASA).

Lv was looking for funding for scientific research.

The total loss from Lvs act is between $250,000 and $500,000. As part of Lvs’s plea, he also agreed to participate in a civil settlement to pay $700,000 in damages to the government for breaches under the False Claims Act, the release said.

Lvs grant applications were submitted to government agencies in connection with grants or contracts managed through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBIR and STTR programs encourage domestic SMEs to engage in potentially commercialized federal research and development. According to the release, these funding programs are very competitive and must show proper and qualified staffing and, in some cases, industry support.

According to the release, his actions included forging letters from university professors and industry experts and including such letters in his proposal to the government as evidence of competence, support, or interest. Many of AlphaSense have never worked at AlphaSense, but AlphaSense has had some employees with impressive experience and education. And he pocketed money allocated through government awards to others, including ghost employees.

Lv has deceived many government agencies into granting SMEs honest, qualified, and appropriate federal grants and contracts, says US lawyer David C. Weiss. Scams in the awarding process help undermine public confidence and trust in such programs, and do the harm deserving small businesses trying to commercialize their ideas. We will continue to work with our agency partners to identify and punish those who line up their pockets using the federal funding process. It also dispels villains of fraudulent profits.

NASA inspector Paul K. Martin said he praised the law enforcement partners’ excellent research efforts and the USAO’s efforts in the Delaware district to address the complaint. As a result of their teamwork, NASA’s contractors and assignees have been able to actively monitor the taxpayer’s funding for scientific research.

SBIR and STTR programs are of great importance in scientific breakthroughs and the generation of innovation. People who deceive our programs are a threat to our country. The Department of Energy’s Office of General Counsel continues to work with our law enforcement partners to blame everyone for violating the integrity of our national scientific program. Terry L. Donaldson, director of the Department of Energy, said. We would like to thank the US Attorney’s Office and law enforcement partners for this joint investigation.

Lvs face up to 20 years in prison, three years of supervised release, a fine of $250,000 or twice the total loss, and a $100 special assessment. The actual judgment of federal crimes is usually less than the maximum.

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