Ramesh Nathan told investors his Bay Area spacecraft company had seven offices around the world, employed more than 15,000 people, and generated $30 billion in profit in a single quarter. But, according to the indictment that just led to his fraud conviction, the company had no offices, no workers and no revenue.
A jury on Thursday found Nathan, 43, found guilty of fraud and money laundering after an eight-day trial.
In 2016 and 2017, and possibly earlier, Nathan took about $50,000 from six investors, including U.S. military veterans, his indictment said. He reeled them in with false promises that his San Francisco-based Relativity Research Fund was involved in development of interstellar space travel technology, prototype spacecraft,…