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ReleaseU.S. Department of Justice

AiNET Corp. and Deepak Jain Agree to Pay $1.8M to Resolve Allegations of Submitting False Claims to the U.S. Securities and Exchange Commission for Data Center Services

U.S. Department of Justice published "AiNET Corp. and Deepak Jain Agree to Pay $1.8M to Resolve Allegations of Submitting False Claims to the U.S. Securities and Exchange Commission for Data Center Services" at 2026-08-24 12:00 UTC. First seen on Kresmion 2026-08-24 18:49 UTC, 6 h after publication.

As of . Source: www.justice.gov. Method and limitations.

The record

Publisher
U.S. Department of Justice
Source
U.S. Department of Justice
Kind
Release
Jurisdiction
United States
Topics
Enforcement
Importance
Notable, the middle of three tiers Kresmion sets by fixed rules from the source's own fields
Published (source time)
2026-08-24 12:00 UTC
First seen on Kresmion
2026-08-24 18:49 UTC, 6 h after publication

The original

Open the original on www.justice.gov

Link checked 2026-10-27: available.

Source: U.S. Department of Justice. U.S. Government work.

The publisher's summary

AiNET Corp. and its former Chief Executive Officer Deepak Jain have agreed to pay $1,800,000 to resolve allegations that they violated the False Claims Act by knowingly submitting false claims for data center services provided under a contract with the U.S. Securities and Exchange Commission (SEC). AiNET operates a data center in Beltsville, Maryland.

The publisher's words, as published.

Cite this data

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Upstream: U.S. Department of Justice

Kresmion, "AiNET Corp. and Deepak Jain Agree to Pay $1.8M to Resolve Allegations of Submitting False Claims to the U.S. Securities and Exchange Commission for Data Center Services", data as of 2026-08-24, https://kresmion.com/record/3832. Upstream data: U.S. Department of Justice.

Link to this data (HTML):

<a href="https://kresmion.com/record/3832">AiNET Corp. and Deepak Jain Agree to Pay $1.8M to Resolve Allegations of Submitting False Claims to the U.S. Securities and Exchange Commission for Data Center Services (Kresmion)</a>