The other defendants are scheduled for trial on September 20, 2022. Izzat Freitekh and Tarik Freitekh were charged with conspiracy to commit wire fraud, bank fraud scheme, money laundering, and other related charges. The case is currently pending. Mr. Crowther went to trial and was found guilty on five counts, including bank fraud, making false statements on a loan application, and money laundering. On September 16, 2021, Mr. Shah was sentenced to 31 months in prison. The Government alleged that Ms. Kirkland submitted a fraudulent loan application seeking over $66,000 in COVID-19 relief funds. The Government alleged that Mr. Mancieri filed 8 fraudulent loan applications seeking over $337,000 in COVID-19 relief funds.
On December 7, 2020, Mr. Goldstein pleaded guilty. The case was brought in Atlanta, Georgia. Recent reports have found that FinTechs and their bank partners handled 75 percent of the approved PPP loans that have been connected to fraud by DOJ, despite facilitating just 15 percent of PPP loans overall. Petty was sentenced to serve 12 months and 1 day in prison. Ms. Denton pleaded guilty to one count of conspiracy to commit wire fraud on July 22, 2021. Valesky Barosy was charged with wire fraud, money laundering, and aggravated identity theft. This case was brought in Cleveland, Ohio. Their sentencing date has not been scheduled at this time. On May 6, 2022, Mr. Augustin was sentenced to 78 months in prison. Frank Hamilton, Michael Jones, Peter An, Edwin Bonilla, Tina Chen, Joseph Greco, Timothy Park, and Kenny Tran were charged with wire fraud conspiracy. The case was brought in Los Angeles, California. Kevin Mancieri was charged with conspiracy to commit bank fraud. The Government alleged that Mr. Mills illegally received over $450,000 in unemployment insurance benefits during the COVID-19 pandemic. Tarone La Dale Woods was charged with false statements. On June 22, 2021, Mr. Hamilton was sentenced to 6 months in prison. The Government alleged that Mr. Tolliver submitted fraudulent loan applications seeking $7.6 million in COVID-19 relief funds, of which he obtained over $1.1 million. The case was brought in Newport News, Virginia. Benjamin Hayford was charged with bank fraud and four counts of making false statements to a financial institution. In the New York case, Mr. Sadleir pleaded guilty on January 19, 2022 and his sentencing hearing is to be determined. Mr. Santemores pleaded guilty on April 27, 2022, and was sentenced on July 25, 2022 but the terms of his sentence are under seal.
PPP Loan Fraud is Out of Control! Case Investigations & EIDL Fraud Some people have already been convicted, while others are being secretly investigated. The case was brought in Philadelphia, Pennsylvania and it is currently pending. Debra Hackstadt was charged with wire fraud. On October 21, 2021, Mr. Kindambu was sentenced to 33 months in prison. Questions. And these cases are just the beginning. The case was brought in Seattle, Washington.
PPP Loan Investigations: What's On The Horizon for Banks? The Government alleged that Mr. Dorceus owner of Elevate Horizons submitted fraudulent loan applications obtaining approximately $300,000 I COVI-19 relief funds. Rodriquez Redding was charged with one count of wire fraud. Denesseria Slaton was charged separately and has pleaded guilty to one count of conspiracy to commit fraud. On the same day, Mr. Philus was sentenced to 30 months in prison. On May 11, 2021, Mr. Fayne pleaded guilty to conspiracy to commit wire fraud, bank fraud, and making false statements on a loan application. The Government alleged that Mr. Robinson submitted fraudulent loan applications through his corporation ATeam LV, LLC obtaining approximately $1,502,270.00 in COVID-19 relief funds. On January 31, 2022, Ms. Ford-Victory pleaded guilty to one count of wire fraud conspiracy. The Government alleged that Mr. Schampers filed one fraudulent loan application seeking almost $300,000 in COVID-19 relief funds. Sean Schoepflin and Erika Leon were charged with wire fraud and transactional money laundering. On February 24, 2022, Mr. Bearden was sentenced to 12 months and 1 day in prison. On March 9, 2022, he was sentenced to 36 months in prison. Monika Jaworska was charged with conspiracy to commit bank fraud and conspiracy to commit wire fraud. Mr. Shah has pleaded not guilty. Mr. The Government alleged that Smith submitted fraudulent loan applications seeking over $212,000 in COVID-19 relief funds. The case was brought in Sherman, Texas. Search for PPP loan applications by organization, lender, zip code and business type. Mr. Kralievits pleaded guilty and was sentenced to 19 months in prison on June 30, 2021. The Government alleged that Mr. McKenzie and Ms. Bostic participated in a conspiracy with others that involved submitting fraudulent loan applications seeking a total of $24 million in COVID-19 relief funds. Scott Suber was charged with one count of bank fraud. The Government alleged that Mr. Eustache submitted 13 loan applications seeking over $2.1 million in COVID-19 relief funds. On June 2, 2021, Mr. Smith was sentenced to 57 months in prison. The case was brought in Orlando, Florida. Mr. Mr. Click on a company's name to see additional loan details. He is scheduled for sentencing on September 2, 2022. . Stephen Smith was charged with two counts each of bank fraud and money laundering. Mr. Nicoloff pleaded guilty and was sentenced to 30 months in prison on May 9, 2022. The case was brought in Tucson, Arizona. The case was brought in Houston, Texas. Justin Etwaru was charged with conspiracy to commit an offense against the United States. ATLANTA - Seventeen more individuals have been charged in connection with a fraudulent scheme to obtain approximately $11.1 million in Paycheck Protection Program (PPP) loans and to use those funds to purchase luxury vehicles, jewelry, and other personal items. Mr. Kanyike has pleaded guilty. Mr. Tolliver pleaded not guilty at his arraignment in November 2021 and his trial is currently scheduled for December 19, 2022. A separate investigation by the nonpartisan Project on The case was brought in Denver, Colorado. The case was brought in Ft Lauderdale, Florida. The Government alleged that the defendants conspired to submit fraudulent loan applications and obtain over $3 million in COVID-19 relief funds. More than 15% of PPP loans had at least one indication of potential fraud. The case was brought in Los Angeles, California. Maurice Mills was charged with one count of wire fraud. On October 25, 2021, Mr. Frazier pleaded guilty to two counts of wire fraud. Joseph Cherry was charged with wire fraud, theft of government property, making false statements to influence the SBA, and money laundering. The Government alleged that Mr. Benlevi submitted 27 fraudulent loan applications seeking $27 million in COVID-19 relief funds. On October 8, 2021, Damion McKenzie pleaded guilty, and he was sentenced to 44 months on January 21, 2022. The Justice Department has brought criminal charges against at least 209 individuals in 119 cases related to Paycheck Protection Program (PPP) fraud since banks and other lenders began processing loan applications on behalf of the Small Business Administration on April 3, 2020. The Government alleged that Mr. Mason, along with 21 other individuals, conspired to submit fraudulent loan applications seeking over $3.8 million in COVID-19 relief funds. On June 9, 2021, Mr. Bellamy pleaded guilty to one count of conspiracy to commit wire fraud. Ms. Chapon has pleaded not guilty, and her trial is scheduled for August 8, 2022. The case was brought in Atlanta, Georgia. The defendants have pleaded not guilty, and the case is pending. Michael Bischoff was charged with one count of bank fraud. The Government alleged that that Ms. Williams submitted fraudulent loan applications seeking $137,500 in COVID-19 relief funds. Damilola Lawal and Idowu Raji were charged with multiple counts of conspiracy to commit wire fraud, wire fraud, aggravated identity theft, and related charges. The Government alleged that Ms. Jaworska submitted fraudulent loan applications seeking $6 million in COVID-19 relief funds. The Government alleged that Mr. Buoi submitted fraudulent loan applications seeking more than $13 million in COVID-19 relief funds. The Government alleged that Ms. Ortiz fraudulently obtained Social Security benefits and COVID-19 unemployment benefits with an individual she met through an online dating site. Matthew Welch was charged with wire fraud. The Government alleged that Mr. Hosey knowingly and willfully conspired to commit fraud against the United States regarding COVDI-19 relief funds. Contact the PPP Loan Fraud Defense Lawyers at Oberheiden P.C. Ms. Okeke has pleaded not guilty, and her case is pending. Our strategy involves carefully reviewing all relevant loan and financial documents, consulting with forensic accountants and other financial specialists with experience in PPP and EIDL loans, and engaging law enforcement agents and prosecutors early in the process to ensure they have a full picture of the facts helpful to our clients. The Government alleged that Ms. Denton submitted fraudulent loan applications for $491,310 in COVID-19 relief funds. On November 29, 2021, Mr. Price was sentenced to 110 months in prison. On June 16, 2022, Mr. Buoi was sentenced to 39 months in prison. The PPP provides businesses with forgivable loans to pay for temporary payroll costs and certain other business expenses including mortgages, rent, and utilities. Here's a list of the PPP loan prosecutions to date: 1. The case was brought in Orlando, Florida, and his trial is currently scheduled for August 1, 2022. The Government alleged that Mr. Bernadin filed fraudulent loan applications seeking approximately over $529,000 in COVID-19 relief funds for his companies La Salette Angel Home Care LLC and Adley Electric LP.
Select Subcommittee Launches Investigation into Role of FinTech Nikia. The case was brought in Raleigh, North Carolina. The case was brought in Detroit, Michigan and is currently pending. The case was brought in Atlanta, Georgia. The case was brought in Miami, Florida. Curtis and Dereen Porch were charged with three counts of wire fraud and one count of theft of government property. On October 21, 2021, Mr. Argires was sentenced to 8 months in prison. Mr. Hines pleaded guilty to wire fraud. If you have questions or concerns and would like to speak with an attorney in confidence, we urge you to call us promptly at 888-680-1745 or . Updated Jan. 11, 2023, Search Every Company Approved for Federal Loans. The case was brought in Brooklyn, New York. . Data last refreshed on 1/31/2022. 100 people have been arrested so far. Ms. Misseldine has not been indicted at this time and the case is currently pending. The case was brought in Washington, DC. 3. The case was brought in Ft. Lauderdale, Florida. Mr. Knight has pleaded guilty on March 25, 2022, and his sentencing date is to be determined. The case was brought in Atlanta, Georgia. Mr. Stewart pleaded guilty on September 25, 2020, and his sentencing date is to be determined. The case was brought in West Palm Beach, Florida. The case was brought in Ft. Lauderdale, Florida. The Biden Administration has poured millions of dollars towards resources to ensure that investigations take place and the stolen money is recovered. This case was brought in Greenville, South Carolina. The Government alleged that Mr. Argires submitted fraudulent loan applications and obtained more than $1.1 million in COVID-19 relief funds. This site is not affiliated with the SBA or any other governmental body.
PPP Loan Scams: 900 open criminal investigations, 100 arrested - WAVE Mr. Etwaru pleaded guilty and was sentenced to 2 years probation on August 19, 2021. The Government alleged that Santana submitted a fraudulent loan application to obtain $2.5 million in COVID-19 relief funds. This case was brought in Atlanta, Georgia. The Government alleged that Mr. Oudomsine submitted a fraudulent loan application and obtained $85,000 in COVID-19 relief funds.
PPP data Date: December 8, 2021. We have helped our clients avoid criminal charges, negotiate fair resolutions, and fight back in court against exaggerated allegations of fraud. Mr. McGee pleaded not guilty, and his trial is scheduled for January 24, 2023. Bernard Okojie was charged with conspiracy to commit wire and bank fraud, wire fraud, and money laundering conspiracy. The Paycheck Protection Program (PPP) is part of a massive stimulus package created by Congress known as the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Mr. Cotton pleaded guilty to one count of conspiracy to commit mail fraud on March 4, 2022, and his sentencing is scheduled for September 2, 2022. He was also sentenced on charges of drug trafficking and money laundering in a separate case that same day. The case was brought in Los Angeles, California. Blood submitted fraudulent loan applications seeking over $600,000 in COVID-19 relief funds. Michael Defrees was charged with two counts of wire fraud, bank fraud, and money laundering. Paul and Michelle Kwak were charged with conspiracy to commit wire fraud, wire fraud, and money laundering. Teamwork and Farms. The Government also alleged that Jalloul would charge the clients a 2-20% commission on the loans they received. His trial is set for October 3, 2022. Ms. Miller pleaded guilty and was sentenced to 60 months in prison. PPP Loans List You can search the SBA's entire PPP loan data below. The Government alleged that Smith submitted fraudulent loan applications through her business obtaining approximately $426,000. Gregory J. Blotnick was charged with eight counts of wire fraud and six counts of money laundering. The Government alleged that Mr. Pan submitted fraudulent loan applications seeking over $6 million in COVID-19 relief funds. On November 1, 2021, Ms. Terry was sentenced to a total term of 51 months in prison, to run consecutively to her prior 65-month sentence. SBA Office of Inspector General (SBA-OIG) The SBA Office of Inspector General (SBA-OIG) is the integrity and accountability arm of the SBA. Ms. Porch pleaded guilty on November 30, 2021, and Mr. Porch pleaded guilty on January 4, 2022. After a 7-week trial, Mr. Markovich was convicted of all charges. The case was brought in Atlanta, Georgia. Mr. Kindambu pleaded guilty to one count of bank fraud. Mr. Buoi was found guilty of all charges on February 24, 2022. The case was brought in Washington, D.C. On March 2, 2022, Mr. Gaughan pleaded guilty to wire fraud in one case and engaging in monetary transactions in the other case. The case was brought in Dallas, Texas. The case was brought in Atlanta, Georgia. The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. On October 12, 2021, Mr. Moller was sentenced to 70 months in prison. The case was brought in Milwaukee, Wisconsin. On November 1, 2021, he pleaded guilty to an information and was sentenced to 24 months on February 2, 2022. Mr. Dorceus pleaded guilty, and the sentencing date is to be determined. The White House on Thursday called for a "thorough and complete" investigation into reports that hundreds of young girls attending primary school in Iran have been affected by symptoms associated with toxic gas poisoning. It is also alleged that Santana used the funds to purchase vehicles and invest in cryptocurrency. The Government alleged that Israyelyan admitted to owning a hospice agency that was never operating during the COVID-19 pandemic and received over $89,000 in COVID-19 relief funds to treat patients. PPP Loan Fraud Investigations Can Have Various . Jorge Abramovs was charged with bank fraud, false statement to a financial institution, and monetary transactions in criminally derived property. Diamond Blue Smith was charged with conspiracy to commit and offense against the United State, i.e., wire fraud. The Government alleged that Mr. Davis submitted fraudulent loan applications for business entities Skilled Trade Investments, LP, Skilled Trade Staffing, LLC and Skilled Trade Investments GP, LLC obtaining approximately $3,346,813.00 in COVID-19 relief funds. The case was brought in Ft. Lauderdale, Florida. Mr. Fitzgerald-Holley pleaded guilty and was sentenced to 6 months in prison on April 21, 2022. Audri Ford-Victory was charged with one count of wire fraud conspiracy. The case was brought in Milwaukee, Wisconsin. Christopher Hayes was charged with making a false, fictitious, or fraudulent claim to the Government. Hashim Campbell was charged with conspiracy to commit wire fraud and bank fraud. Anuli Okeke was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, bank fraud, and money laundering conspiracy. The case was brought in Alexandria, Virginia. Mr. Yates pleaded guilty on May 6, 2022, and sentencing has not been scheduled. Ms. McConnell pleaded guilty to the charges on September 7, 2021. The Government alleged that Mr. Garcia submitted fraudulent loan applications for over $285,000 in COVID-19 relief funds. The Government alleged that Mr. Augustin submitted fraudulent loan applications for his company Clear Vision Music Group LLC obtaining more than $24 million dollars in COVID-19 relief funds. Her sentencing is scheduled for January 12, 2022. On August 2, 2021, Mr. Gautreaux was sentenced to 70 months in prison. Mr. Redfern and Mr. McMiller both pleaded guilty on September 23, 2021, to multiple counts of wire fraud. Mr. Israyelyan pleaded guilty on March 18, 2022, and his sentencing hearing is currently scheduled for September 19, 2022. This case was brought in Richmond, Virginia. The Government also alleged that after Rabbitts businesses received the loans, Aguilar created fake payroll companies and accepted checks from Rabbitts businesses indicating that they were for payroll purposes. The Government alleged Ms. Misseldine stole the identity of a deceased infant who passed in 1979 and used that identity to obtain a passport, gain admission into a university, and submit fraudulent loan applications to obtain approximately $1.5 million in COVID-19 relief funds. Through financial institutions, the Secret Service said it has been able to reverse some of the payouts. The case was brought in Atlanta, Georgia. On August 3, 2021, Mr. Hayes was sentenced to 30 months in prison. On November 15, 2021, he was sentenced to 51 months in prison. The case was brought in Norfolk, Virginia. All the other defendants have pleaded not guilty, and their cases are pending. Jacob Carter, Quadri Salahuddin, Anwar Salahuddin, and Christal Ransom were charged with conspiracy, wire fraud, and aggravated identity theft. On June 29, 2021, Mr. Crowther was sentenced to 37 months in prison.
$341 Million in PPP Fraud So Far, and Counting - Small Business Trends The case was brought in Milwaukee, Wisconsin. The case was brought in New York, New York. The case was brought in Houston, Texas. The Government alleged that Jalloul, a tax consultant, submitted approximately 170 loan applications for over 160 of his clients seeking over $23 million in COVID-19 relief funds. 4,730. lenders have requested forgiveness for 2020 PPP loans. On September 23, 2021, Mr. Henley was sentenced to 6 months in prison.
Largest PPP Loan Recipients List Nationwide - FederalPay This case was brought in Milwaukee, Wisconsin. Moon submitted fraudulent loan applications on behalf of sixteen businesses seeking over $2 million in COVID-19 relief funds. April Falgoust was charged with one count of wire fraud. The case was brought in Newport News, Virginia. The case was brought in Ft. Lauderdale, Florida. Investigations by the DOJ and U.S. The case was brought in Ocala, Florida and his trial is currently scheduled for August 1, 2022. She was sentenced to 2 years of probation on February 28, 2022. Organizations approved for loans between $150,000 and $10 million. The case was brought in San Francisco, California. Mr. Hosey pleaded guilty, and his sentencing date is to be determined. Chanchikyan has pleaded not guilty, and his trial is scheduled for October 4, 2022. On June 10, 2021, Mr. The case was brought in Newark, New Jersey. The Government alleged that the defendants submitted fraudulent tax documents to seek over $100,000 in COVID-19 relief funds. The case was brought in Los Angeles, California. Ms. Wilson was sentenced to 12 months and 1 day in prison on March 23, 2022, and Mr. McLeods was sentenced to 30 months in prison on June 7, 2022. Mr. Ashcraft pleaded guilty on May 9, 2022, to one count of wire fraud and one count of bank fraud and is scheduled to be sentenced on October 17, 2022. The case was brought in Texarkana, Texas. Jason Carter was charged with one count of wire fraud. On August 25, 2021, Mr. Kamgaing pleaded guilty to one count of wire fraud in relation to emergency benefits and one count of money laundering. The Government alleged that Mr. The Government alleged Mr. Clark participated in a conspiracy with others that involved submitting fraudulent loan applications seeking a total of $24 million in COVID-19 relief funds. Andrew Tezna was charged with one count of bank fraud. Search for PPP loan applications by organization, lender, zip code and business type. The case was brought in Providence, Rhode Island. On August 4, 2021, Mr. Ridge pleaded guilty to one count of bank fraud. Ms. Kirkland pleaded guilty and was sentenced to 33 months in prison. Andre Clark was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. Johnson Eustache was charged with wire fraud and false statements.
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