Vienna CEO indicted on charges of wire fraud, identity theft
FAIRFAX COUNTY, Va. — A grand jury has indicted a Vienna man on charges “related to a scheme to defraud the United States,” stated the Department of Justice in a release.
Zheng “Jason” Geng, 59, the CEO of Xigen LLC, was accused in the six-count indictment of submitting fraudulent grant applications under the Small Business Innovation Research program, which aims to stimulate tech innovation and encourage participation in tech by majority-female owned small businesses. Geng is accused of using other people’s identities to apply for SBIR grants without their permission.
He is also facing charges of lying about his own affiliation with Harvard and Johns Hopkins’ medical schools. The DoJ claims that this series of false representations by Geng led to the Department of Health, NIH and NASA awarding him grants that exceeded $1.8 million in total. Court documents further claim that he used these rewarded funds for his own personal use, as well as giving money to family members and associates.
“The NASA Office of Inspector General will continue to aggressively investigate those who undermine and defraud NASA programs and operations,” said Inspector General Martin. “The NASA OIG appreciates the efforts of the entire investigative and prosecution team during this multi-year investigation, and we look forward to continued cooperation with our law enforcement partners in this and related matters.”
If convicted, Geng faces a potential maximum sentence of 20 years and a $250,000 fine for wire fraud charges, as well as 2-year mandatory minimum consecutive sentence for each aggravated identity theft charge.
Xigen LLC has offices in Gaithersburg and Vienna.