https://www.mercurynews.com/2021/01/29/real-estate-loan-default-bankrupt-bay-area-developer-fraud-sec-acharya/ > SAN JOSE — Loan defaults in the East Bay and South Bay have begun to pile up on a  Bay Area developer who is the focus of a fraud probe, according to public documents detailing potential foreclosure proceedings. > Developer Sanjeev Acharya and his company Silicon Sage Builders face an array of financial and legal complications, including federal fraud allegations, bankruptcy, and potential property foreclosures.