Ppp indictment list DOJ Press Release. 17, 2023. he OEIG has conducted the following investigative activity since beginning its PPP investigation project: As of 9/12/23 PPP investigations initiated: 438 PPP investigations concluded: 204 Aug 23, 2023 · The Justice Department announced today the results of a coordinated, nationwide enforcement action to combat COVID-19 fraud, which included 718 enforcement actions – including federal criminal charges against 371 defendants – for offenses related to over $836 million in alleged COVID-19 fraud. Jul 18, 2023 · An indictment charging 24 individuals with wire fraud conspiracy,” said U. 00. Feb 13, 2024 · Feb. Each offense is a five-year Jan 27, 2023 · A New York woman was sentenced today to 45 months in prison for her role in the submission of fraudulent loan applications seeking more than $9. irs. Jun 8, 2023 · JACKSON, Miss. Aug 22, 2024 · A federal grand jury indicted three Metro East residents for scheming to falsely obtain an estimated more than $60,000 in total in pandemic relief funds through the Paycheck Protection Program The indictment alleges that the defendants and their co-conspirators submitted at least 23 fraudulent EIDL and PPP loan applications containing materially false and fraudulent information and false documents, including false and fictitious tax documents, payroll records, bank records, and identification documents, to procure the disbursement of Aug 21, 2024 · Following the disbursement of the PPP loans, Whitaker gave each defendant, via text messages subsequently obtained by law enforcement, detailed instructions as to how to make it appear that the PPP loans were being paid out to employees. Romero, together with other federal law enforcement officials announced today charges against 19 defendants for defrauding federal programs funded by the CARES Act and designed to provide a financial safety net for Americans during the pandemic. Attorney’s Office, the indictment, sealed Wednesday, alleges that between June of 2020 and May of 2021, those who were charged participated in a scheme to obtain PPP loans Jul 10, 2024 · ROANOKE, Va. 13 and arraigned in federal court in Brooklyn. The defendant’s alleged crimes did not begin in 2020. The indictment alleges that the defendants conspired to submit false and fraudulent loan applications through the PPP loan program. Sep 21, 2022 · CHICAGO (WLS) -- Joliet police and federal authorities announced that 25 people have been indicted for allegedly defrauding the federal Paycheck Protection Program, or PPP, which helped struggling Oct 17, 2024 · Kevin Aguilar, 54, previously of Farmingdale, New Jersey, pleaded guilty before U. An application for a PPP loan was submitted on behalf of Rafael Santiago and the entity Blacktie Co-Investors, Inc. alleges that the defendants conspired starting at least as early as January 2021 to possess and distribute illegal drugs including methamphetamine, cocaine, fentanyl, and marijuana, said Jul 22, 2021 · Seventeen more individuals have been charged in connection with a fraudulent scheme to obtain approximately $11. Oct 11, 2023 · The impending mass indictment does not appear to capture all of the PPP cases now being assembled against BSO deputies. Nov 1, 2022 · In exchange for his services, Liticker would receive a portion of the PPP loan proceeds. Jul 10, 2024 · According to the U. Small Business Administration (SBA) for what she claimed was a nursing or residential care business. 1 million from the Paycheck Protection Program (“PPP”). In reality, most or all of the money was transferred back to the defendants. The Indictment alleges that the trio fraudulently obtained at least $250,000 in CARES Act funding through the PPP and EIDL programs, and submitted fraudulent applications seeking at least an additional $1,000,000 in CARES Act funding that were ultimately not approved. This fraudulent PPP application generated $117,233 in PPP proceeds. Jul 10, 2024 · ROANOKE, Va. – The DOJ Attorney’s Office in the Western District of Virginia announced that 24 people have been charged in a 142-count indictment. Attorney's Office, District of New Jersey CAMDEN, N. Nov 21, 2024 · SHREVEPORT, La. Dec 8, 2022 · WHEELING, W. Sep 10, 2020 · The Justice Department has charged 57 people, including "coordinated criminal rings," who tried to steal more than $157 million from the Paycheck Protection Program. | <a href Mar 26, 2021 · Paycheck Protection Program (PPP) fraud: Prominent among the department’s efforts have been cases brought by the Criminal Division’s Fraud Section involving at least 120 defendants charged with PPP fraud. 6 million in proceeds of the fraudulent PPP loans as well as a 2018 Tesla Model 3 purchased with proceeds of the Cars Direct PPP loan. Feb 3, 2023 · Brit Featherston, U. FCA Now Blog Post. She used that Once the OEIG identified these PPP loans, the OEIG conducted further investigation to determine whether employees received those loans in a fraudulent manner. – Eleven defendants from Missouri, Kansas, Texas, and Washington have been indicted by a federal grand jury for their roles in a conspiracy that resulted in more than $220,000 in fraudulent Paycheck Protection Program (PPP) loans being issued under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. If convicted, Blueacorn's founders face a maximum penalty of 20 Feb 3, 2022 · A Florida woman was sentenced today to 44 months in prison for defrauding the Paycheck Protection Program (PPP) of more than $3. Jan 10, 2024 · On January 10, 2024, a Paycheck Protection Program (PPP) loan recipient pleaded guilty to one count of Bank Fraud. Jamel Woods, also known as "Richard Carter. The 17 charged collectively took just under $500,000 from the Aug 23, 2023 · The sweep resulted in criminal charges against 371 defendants, with 119 convicted or pleading guilty. $20,832 / PPP. Postal Service employees and former employees in central Illinois being charged with defrauding the PPP by claiming bogus expenses in fictitious Nov 26, 2024 · The founders of fintech Blueacorn have been indicted on federal fraud and conspiracy charges in connection with an alleged pandemic-era Paycheck Protection Program fraud scheme that netted them nearly $300 million, according to a congressional report. Attorney for the Eastern District of Texas, announced that the 23 individuals had been named in a federal indictment returned by a grand jury on Jan. Nov 22, 2024 · An indictment was unsealed yesterday in the Northern District of Texas charging two co-founders of Blueacorn, a lender service provider, in connection with a scheme to fraudulently obtain COVID-19 relief money guaranteed by the U. PPP loans under the CARES Act aided 5 million small businesses, but there is fraud. Stephen Muldrow, U. Carroll was released from jail on Thursday. Feb 6, 2024 · Feb. 24. Jan 12, 2021 · $268,300 Second First Draw . Are you being targeted? Call 888-680-1745. Five others involved in this scheme have already pleaded guilty. J. A federal criminal indictment is merely an accusation. Jul 10, 2024 · The 24 people facing charges are accused of taking part in a scheme between June 2020 and May 2021 to obtain PPP loans when most of them did not have operational businesses, according to Jun 28, 2024 · ATLANTA — Teldrin Foster, John Gaines, and Carla Jackson have been sentenced for their roles in a scheme to steal Paycheck Protection Program (PPP) funds during the COVID-19 pandemic. The cases involve a range of conduct, from individual business owners who have inflated their payroll expenses to obtain larger loans Aug 4, 2023 · fraud when they applied for their PPP loan and when fili ng their taxes because they failed to provide financial documentation or evidence that supported the informat ion within their PPP loan application. (“DMI”) and Margarita Risis, DMI’s sole shareholder, entered a settlement agreement with the U. Kanan pleaded guilty in both cases in 2020. S ppp-paycheck protection program eidl-economic injury disaster loan wire fraud Mar 20, 2025 Four Individuals Sentenced in Sophisticated, Wide-Spread Fraud Schemes Mar 3, 2023 · EVERY falsely certified that the applications and the information provided in the supporting documents were true and accurate when she electronically submitted the fraudulent PPP loan applications. Jan 12, 2024 · Recently, one of our investigations led to 19 U. government and relator Bryan Quesenberry (“Relator”) to settle allegations that DMI obtained two first draw loans under the Paycheck Protection Program (“PPP” or Aug 9, 2024 · The PPP was intended to help struggling businesses navigate the effects of the pandemic by providing financial assistance to employers and their employees. Oct 18, 2022 · According to court documents, from in or around April 2020 to in or around April 2022, Singleton, Tucker, and other co-conspirators allegedly submitted 41 fraudulent PPP loan applications and 13 fraudulent EIDL applications on behalf of various companies that they owned and controlled. 6, 2024 — Three people were sentenced today for fraudulently obtaining and misusing Paycheck Protection Program (PPP) loans that the U. Jun 22, 2022 · PHILADELPHIA - United States Attorney Jacqueline C. 5 million in Paycheck Protection Program (PPP) loans on behalf of five businesses based in Georgia and South Carolina. Paycheck Protection Program (PPP) loans have aided more than 5. Both are federal stimulus programs authorized as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Feb 3, 2022 · February 3, 2022 — A Florida woman was sentenced today to 44 months in prison for defrauding the Paycheck Protection Program (PPP) of more than $3. Dec 3, 2024 · The indictment states the couple also helped PPP applicants to do the same and received kickbacks from them. The allegations were Sustained. Fourteen defendants were charged in a first superseding indictment unsealed on July 14, including: Feb 23, 2024 · The federal indictment alleges that each of the 11 defendants conspired to submit false and fraudulent applications for PPP loans from February 2021 to July 2022. Louis County. The CARES Act established several new temporary programs and provided for the expansion of others to address the COVID-19 pandemic. (WJTV) – The U. Nov 23, 2024 · A federal indictment that has just been unsealed lists five criminal counts for wire fraud and conspiracy to commit wire fraud. The PPP allows qualifying small-businesses and other organizations to receive loans with a maturity of two years and an interest rate of 1 percent. The indictment in USA v. 13, 2024 — Five people were indicted on multiple charges Feb. Grant et al . EVERY charged the individuals she recruited to prepare and submit the fraudulent PPP application anywhere from $45. This list is organized by the date charges were filed, and only includes cases that have been indicted or charged by information. May 13, 2021 · We have gathered and summarized all cases that we are aware of that have been filed anywhere the United States. Jason Nolte, 39, of Phoenix, Arizona. Aug 5, 2020 · A list of PPP fraud cases under the Paycheck Protection Program. Feb 4, 2023 · The federal indictment also alleges that the conspirators would open bank accounts, use assumed business names, and transfer, withdraw, and move the money and use it for their own purposes Nov 7, 2024 · According to today’s indictment, Day applied for a PPP loan for her business on March 20, 2021. Oct 10, 2023 · Acting United States Attorney Susan Lehr announced that Tamika R. – Three individuals were indicted for their roles in fraudulently obtaining approximately $5 million of federal Paycheck Protection Program (PPP) loans and May 9, 2023 · Date: May 9, 2023. Earlier this month, Raoul charged a former employee with the Illinois Department of Revenue for fraudulently receiving two Paycheck Protection Program (PPP) loans for over $41,000. According to the U. S. Oct 24, 2024 · CAMDEN, N. to 42 months’ imprisonment for Conspiracy to Commit Wire Fraud. 00 to $120. Oct 13, 2023 · In the most sweeping scandal to hit a South Florida police agency since the indictment of 13 Miami officers in a deadly gun-planting conspiracy in 2001, 17 Broward Sheriff’s deputies turned themselves in Thursday to face federal fraud charges for stealing from the COVID-19 Paycheck Protection Program (PPP) and another pandemic relief loan Oct 17, 2024 · LANSING – Yesterday, Tiesha Johnson, 56, formerly of Farmington Hills was sentenced before Judge Michael Warren in the 6th Circuit Court in Oakland County to an eleven-month delayed sentence for fraudulently obtaining Paycheck Protection Program (PPP) Loans and an Economic Injury Disaster Loan (EIDL) from the federal government, announced Michigan Attorney General Dana Nessel. Kansas City, MO — A dozen Kansas City metropolitan residents have been indicted for their roles in a conspiracy that resulted in nearly $250,000 in fraudulent Paycheck Protection Program (PPP) loans being issued under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The businesses were – in fact – non-existent, and Jul 10, 2024 · The indictment accuses the 24 people of participating in a scheme to obtain PPP loans when none of them actually had an operational business. On or about April 28, 2020, EPSTEIN placed a phone call to Blue Vine in which EPSTEIN and a Blue Vine representative discussed the status of the PPP loan application. Jun 22, 2022 · Date: June 22, 2022 Contact: newsroom@ci. Attorneys’ Offices, the Fraud Section has charged over a hundred defendants with fraud connected to the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). The DOJ said several of them were also applying for Jul 7, 2022 · July 7, 2022 — Six Essex County, New Jersey, residents were arrested today for scheming to fraudulently obtain Paycheck Protection Program (PPP) loans, U. 2 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Small Business Administration (SBA) through the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security (CARES) Aug 29, 2024 · This fraudulent PPP application generated $85,000 in PPP proceeds. Aug 31, 2022 · Bellamy admitted he provided false information in his personal tax return, fraudulently obtained a PPP loan, and conspired with others to fraudulently obtain PPP loans for them. 22, 2024 — Eleven defendants from Missouri, Kansas, Texas, and Washington have been indicted by a federal grand jury for their roles in a conspiracy that resulted in more than $220,000 in fraudulent Paycheck Protection Program (PPP) loans being issued under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Attorney Brandon Brown. 10, 2021, through about Jan. Aug 11, 2023 · SAN DIEGO – Denny Bhakta of San Diego was arraigned in federal court today on additional charges that he fraudulently obtained $4 million in Paycheck Protection Program loans through several entities he managed and controlled. Apr 6, 2024 · The indictment does not list the location of this property. Sep 1, 2023 · The indictment was unsealed on August 29, 2023. Louis, Missouri, was charged today by federal indictment with two counts of wire fraud for allegedly filing fraudulent applications with the Small Business Administration in 2020 and 2021 that allowed him to collect more than $20,000 in government funds under the Economic Injury Disaster Loan Program (EIDL) and Paycheck Protection Program (PPP). Multiple federal agencies are investigating companies and individuals for Paycheck Protection Program (PPP) loan fraud. Attorney Oct 11, 2023 · A federal grand jury in the Western District of Tennessee returned an indictment yesterday charging 10 individuals for their roles in schemes to defraud the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP), federal stimulus programs authorized as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The indicted individuals, all current or former United States Postal Service employees, are: Mar 13, 2024 · According to allegations in the indictment and statements made in open court, Kelly, Thibaud, Gray and Gilchrist conspired with themselves and others to submit PPP loan applications and submitted and caused the submission of fraudulent PPP and EIDL loan applications, on behalf of themselves and corporate entities that they controlled. Cross, 44, of Omaha, Nebraska, was sentenced today in Omaha by Chief United States District Judge Robert F. gov A federal grand jury in Roanoke, Virginia returned a sealed indictment earlier this month charging 24 individuals from the greater Roanoke area with wire fraud, conspiracy to commit wire fraud, money laundering, making false statements, and fraud in relation to an emergency benefits program. “PPP loans were finite funds designed to help businesses stay afloat amid unprecedented times and extraordinary challenges. 5 days ago · The scheme, detailed in an indictment unsealed Wednesday, was allegedly run by a 31-year-old businesswoman and two co-conspirators who helped people create fictitious companies and then apply for The scheme, detailed in an indictment unsealed Wednesday, was allegedly run by a 31-year-old businesswoman and two co-conspirators who helped people create fictitious companies and then apply for Oct 12, 2023 · According to the indictment, Morancy applied for and received one PPP loan on behalf of himself as the sole proprietor of Moore Services Investment Group, LLC, based upon materially false information about the borrower’s total gross business income for the year 2019, as well as a falsified IRS tax form submitted with his application. – A federal grand jury in Roanoke, Virginia returned a sealed indictment earlier this month charging 24 individuals from the greater Roanoke area with wire fraud, conspiracy to commit wire fraud, money laundering, making false statements, and fraud in relation to an emergency benefits program. Johnson is charged with three counts of False Pretenses, $1,000-$20,000. According to the superseding indictment, Eakes participated in a scheme to defraud investors and fraudulently secured approximately $4,752,270 in PPP loans. PPP Loan Forgiveness Certification Fraud. To date, a total of 23 individuals have been convicted and sentenced in connection with the fraudulent scheme. As alleged in the indictment, if convicted, the United States will seek forfeiture of the seized property as well as the Upper Marlboro, Maryland property We would like to show you a description here but the site won’t allow us. Search data from Google The indictment alleges that beginning around Jan. Jan 13, 2023 · As an individual subject to federal indictment, Geronimo was prohibited from applying for a PPP loan on behalf of any entities he controlled. – A former branch manager of a national financial institution was sentenced to 65 months in prison for using his position to organize a conspiracy to help individuals obtain at least 38 fraudulent Paycheck Protection Program (PPP) loans totaling approximately $5 million, U. To obtain forgiveness of the obligation to repay their PPP loans, companies must certify that they have complied with all of the requirements of the program. The individuals named in the indictments include: Willie Mitchell aka Blu Mitchell, 40, of Phoenix, Arizona. (WBOY) — A Bridgeport man is among five people from West Virginia who were indicted on Tuesday for alleged COVID-19 fraud. Might have some politicians suddenly start praising Trump if they're indicted. Small Business Administration (SBA) for what he claimed was a business with an average monthly payroll of $7,342. Jun 23, 2022 · PHILADELPHIA - United States Attorney Jacqueline C. As asserted in the indictments, each defendant submitted applications for a PPP loan in which they claimed ownership of a business. Dec 17, 2021 · According to the eight other connected indictments, seven defendants conspired to submit eight false and fraudulent PPP loan applications and received more than ­­­­$10 million in PPP funds. This… Aug 3, 2023 · The indictment alleges that from May 2020 to August 2020, Epstein executed a scheme to defraud the Small Business Administration and related financial institutions by fraudulently obtaining and attempting to obtain EIDL and PPP loan funds for his own personal use, including the purchase of a Mercedes-Benz automobile, renovations to his home Jan 4, 2023 · From April 2, 2021, through the date of the indictment, Bellefleur, 36, of Tulsa, devised a scheme to defraud the Small Business Administration (SBA) by submitting two fraudulent Paycheck Protection Program (PPP) loan applications and two PPP loan forgiveness applications to an SBA approved lender in Laguna Hills, California. gov. PPP loans required 60% of the loan amount cover payroll expenses, while the remaining 40% could be used for other related business expenses. Aug 11, 2023 · Working alongside law enforcement partners and U. S. Despite that, he applied for and received a fraudulent PPP loan for approximately $250,000 for a liquor store business under his control based on falsified payroll tax documentation submitted by Dorlus. Olivia Spellman of Janesville May 30, 2024 · Wilmington, Del. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. – A federal grand jury returned an indictment on May 28, 2024, charging Blaine Murphy, 56, of Naples, Florida with wire fraud and making false statements in connection with fraudulent loan applications submitted as part of the federal Paycheck Protection Program (“PPP”) authorized by the Coronavirus Aid, Relief, and Economic Security Act, announced David C. Roderguiz Henry • Conspiracy to Commit Wire Fraud • Wire Fraud Mar 8, 2024 · Additionally, David Kurt Schneider is charged with money laundering. We would like to show you a description here but the site won’t allow us. Jul 7, 2020 · As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Feb 22, 2024 · KANSAS CITY, Mo. 3 million in loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This individual sought a PPP loan in April 2021 from Capital Plus Financial totaling . Jul 22, 2021 · The defendants and co-conspirators used the PPP loan proceeds to purchase luxury goods, including two Range Rovers, an Acura NSX, and a Mercedes Benz S-Class S65 AMG. 2 million small business owners, providing a much-needed lifeline during the Coronavirus outbreak crisis. Loan amounts, which ranged from $18,200 to $145,000, Jan 30, 2024 · Kanan applied for two business loans using a false spelling of his name and indicated that he was not under indictment when, in fact, he had been charged with access device fraud in an unrelated case. 23-CR-01915-LAB). May 18, 2022 · According to the indictment, the defendants, led by Michael Hill and Andrew Moran, are alleged to have executed a scheme to defraud lenders and the Small Business Administration’s (SBA's) Paycheck Protection Program (PPP). Nov 19, 2020 · HOUSTON – Seven individuals across two states have been charged in a Houston federal indictment unsealed Tuesday for their alleged participation in a scheme to improperly obtain approximately $16 million in forgivable Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief and Economic Security (CARES) Act. Oct 11, 2023 · A federal grand jury in the Western District of Tennessee returned an indictment yesterday charging ten individuals for their roles in schemes to defraud the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP). Cortney Merritts, 46, of St. Throughout the pandemic, the federal government passed several aid packages and established programs like the Paycheck Protection Program (PPP), which was intended to extend loans to small businesses so that they could retain employees during the May 3, 2024 · It is alleged Johnson fraudulently obtained two PPP loans and one EID Loan totaling $34,675 while a federal employee. Settlement Agreement S ummary: Daniel Markus, Inc. The Justice Department claimed that 63 defendants had connections to violent crime and that 25 McFadden, according to the indictment, created false and fraudulent PPP loan applications by obtaining the personal identifying information (PII) of putative PPP loan applicants. The indictment includes 13 counts of conspiracy, wire fraud, bankruptcy fraud, tax evasion, and other crimes. Below is a full list of the indictments, including the names, charges, and relevant details: Indictment 1: De’antre Jackson, 29, of Camilla is facing 2 counts of Theft by Taking and 2 counts of Mar 5, 2025 · Use of PPP loan funds for any other purpose has the potential to be characterized as PPP loan fraud. In 2021, she received another PPP loan totaling over $146,000. The indictment alleges that Liticker would also assist in getting the loans forgiven. A warrant has been issued for Shaw and he is considered a fugitive. The DOJ said several of them were also applying for Dec 15, 2021 · A federal grand jury in Houston returned a superseding indictment, which was unsealed today, charging four additional individuals for fraudulently obtaining and laundering millions of dollars in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Nov 17, 2020 · The PPP allows the interest and principal on the PPP loan to be forgiven if the business spends the loan proceeds on these expense items within a designated period of time after receiving the proceeds and uses at least a certain percentage of the PPP loan proceeds on payroll expenses. Jan 28, 2021 · Six individuals, who operated as part of a larger group, have been indicted for fraudulently obtaining approximately $1. Six individuals, including the Dec 13, 2024 · A federal jury convicted Michigan businessman Dale Thrush of Farwell of wire fraud for fraudulently obtaining a Payroll Protection Program (PPP) loan and loan forgiveness. gov United States Attorney Jacqueline C. Seventeen Additional Defendants Charged. PPP loan proceeds must be used by businesses on payroll costs, interest on mortgages, rent, and utilities. “Countless small business owners and employees fell on hard economic times during the COVID-19 pandemic, and PPP loans allowed many to keep their families fed and lights on,” said U. Marco Schiavenin, owner of Sterling Flooring in Fairfax, Virginia, pleaded guilty in the Eastern District of Virginia. CF 22-06-290. Weiss, U. Rossiter, Jr. Louis, Illinois, allegedly obtained more than $20,000 each in pandemic relief funds through the Paycheck Protection Program, while employed by the VA Regional Office in St. – Three individuals were indicted for their roles in fraudulently obtaining approximately $5 million of federal Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loans (EIDL) and for laundering the loan proceeds. – United States Attorney Brandon B. A Broward attorney interviewed Tuesday by Florida Bulld og said he represents one BSO detention deputy that is accused in another PPP scheme, but that his client’s case is “independent” of the mass indictment. " Oct 23, 2024 · In 2021, Rogers filed for PPP loan forgiveness, claiming that $18,000 of the loan was used to satisfy payroll. All are being charged with wire fraud and bank fraud in a Treasury check washing conspiracy, while three are being charged with defrauding the Paycheck Protection Program (PPP). Attorney for the District of Puerto Rico, announced the indictment of 19 individuals for their participation in a scheme to illegally obtain federal recovery funds under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The scheme allegedly caused more than $240,000 in fraudulent PPP loans to be issued to ineligible borrowers, some of which were forgiven even though the funds were not used for the purposes specified in the PPP. 3. PPP loan proceeds were deposited, namely the 2836 Account at SunTrust. The indictment, filed in the Northern District of Texas, accuses the married Dec 20, 2023 · The indictment follows a prior related indictment in which two individuals also are charged in a violent carjacking. Oct 23, 2024 · Social media is abuzz with videos alleging a list of active warrants has been released for people thought to have engaged in Paycheck Protection Program (PPP) loan fraud. In total, Aug 28, 2024 · In June 2024, Raoul’s office announced charges related to PPP loan fraud against 15 government employees and a former Cook County Sheriff’s Office employee in July. Oct 24, 2023 · The scheme allegedly caused more than $240,000 in fraudulent PPP loans to be issued to ineligible borrowers, some of which were forgiven even though the funds were not used for the purposes specified in the PPP. All defendants, except Corey Shaw, have been arrested and released on conditions. PPP Loans were meant to cover payroll expenses for businesses during the height of precautions against the COVID-19 pandemic. Bhakta was first indicted in December 2021 for defrauding investors in his companies; a grand jury returned a superseding indictment this week that Jun 6, 2023 · The PPP was created by Congress to provide billions of dollars in forgivable loans to small businesses struggling to fund payroll and certain other qualifying business expenses because of the effects of the COVID-19 pandemic. . Sep 22, 2023 · A federal grand jury has returned an indictment charging Joseph Gillespie, age 34, of Baltimore, Maryland, with conspiracy to commit wire relating to the submission of fraudulent claims for the Paycheck Protection Program (“PPP”) benefits under the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, enacted to provide emergency financial assistance to Americans Mar 24, 2021 · Ten defendants, who operated as part of a larger group, have been indicted for participating in a wide ranging, multi-state scheme to submit fraudulent loan applications on behalf of non-existent businesses as part of the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP). Sellinger announced today. Shipp in Trenton federal court on Oct. $20,832. Six people charged with fraudulently obtaining loans meant to help small businesses during COVID-19 pandemic | Internal Revenue Service Sep 24, 2021 · To date, the United States has recovered more than $1. Nov 23, 2024 · The Department of Justice has unsealed an indictment charging Nathan Reis, 45, and Stephanie Hockridge, 41, co-founders of Blueacorn, with orchestrating a fraudulent scheme to obtain millions in COVID-19 relief funds through the Paycheck Protection Program (PPP). Three Individuals Indicted in Multistate COVID-19 Relief Program Fraud Scheme Wednesday, April 17, 2024 For Immediate Release U. (charged in federal Case No. 00 . As an individual subject to federal indictment, Geronimo was prohibited from applying for a PPP loan on behalf of any entities under his control. In the PPP loan application, EPSTEIN provided a bank account number into which 23. Oct 12, 2023 · All are being charged separately with PPP wire fraud, except for Dunkley, who is being charged with conspiracy to commit wire fraud. Sep 25, 2024 · In July 2024, a federal grand jury returned a superseding indictment charging Jared Dean Eakes (33, Jacksonville) with five counts of wire fraud and three counts of bank fraud. Attorney’s Office, in early July 2024, twenty-four people from the greater Roanoke area were indicted for charges including wire fraud, conspiracy to commit wire fraud, money laundering, making false statements, and fraud Oct 24, 2024 · PPP Borrower Search Search for a borrower, or if you want to see how many people received loans in your state and other interesting facts, check out our PPP dashboard . Oct 7, 2024 · The letters typically request that the target companies “voluntarily” preserve broad swaths of information, including communications on PPP loan applications, all communications with the SBA, internal communications on whether to apply for a PPP loan, and documentation of the companies’ financial condition and PPP loan eligibility. During Jun 28, 2023 · Those charged in separate indictments include: Mrunal Desai: bank fraud and aiding and abetting; Chintak Desai, President of Nanosoft Technologies: bank fraud and aiding and abetting; Ambreen Khan: wire fraud; Usha Chapain, aka Usha Sharma: bank fraud; An indictment is merely an allegation of criminal conduct, not evidence. Va. My bet for Chicago is current and former aldermen, state legislators, family members, and some executive branch types. May 18, 2022 · In April 2020, Congress authorized over $300 billion in additional PPP funding. Jan 19, 2023 · Eleven men, eight from the metropolitan Atlanta-area, and three from South Carolina, have been sentenced for their roles in obtaining approximately $3 million in Paycheck Protection Program (PPP) loans on behalf of ten businesses based on Georgia and South Carolina. As far as we know, social media has a right to be skeptical of the warrant list’s validity. May 19, 2023 · Barrera then applied for the loans with an unindicted co-conspirator, causing approximately $9 million in fraudulently issued PPP loans. Feb 4, 2025 · Below is a full list of the indictments, including the names, charges, and relevant details: Indictment 1: De’antre Jackson, 29, of Camilla is facing 2 counts of Theft by Taking and 2 counts of Below is a full list of the indictments, including the names, charges, and relevant details: Indictment 1: De’antre Jackson, 29, of Camilla is facing 2 counts of Theft by Taking and 2 counts of Feb 4, 2025 · ATLANTA, GA – Attorney General Chris Carr today announced the indictment of 21 individuals in Mitchell County who are alleged to have fraudulently obtained loans from the Paycheck Protection Program (PPP). Feb 12, 2025 · Eventually they'll get around to local pols and family members who imbibed at the PPP fountain of free money. Jun 4, 2024 · Raoul’s indictment alleges she received a PPP loan of more than $20,000 in April 2021 from the U. Jun 26, 2024 · Raoul’s indictment alleges Fox received a PPP loan of $18,355 on Feb. According to the indictment, Golden-Larimore prepared and filed fraudulent PPP loan applications on behalf of the other co-conspirators. The PPP was overseen by the SBA, which guaranteed loans issued, in the first instance, by commercial lenders. 1 million in Paycheck Protection Program (PPP) loans and to use those funds to purchase luxury vehicles, jewelry, and other personal items. Carla Jackson, 53, of Tucker - previously charged by indictment on August 4, 2020 with money laundering in connection with laundering the proceeds of Gaines Reservation and Travel’s PPP loan. Aug 21, 2024 · Under PPP, business owners could apply for loans to offset operational costs for payroll, employee benefits, facility expenses and other bills. Feb 22, 2024 · Feb. Attorney Philip R. Sep 13, 2023 · The PPP was enacted via the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, an economic bill that passed in March 2020 in response to the economic fallout caused by the pandemic. Feb 7, 2024 · W. Defendants charged in 142-count indictment. May 19, 2022 · May 19, 2022 — Darrell Thomas has been sentenced after pleading guilty to conspiracy to commit bank fraud and wire fraud and to money laundering for masterminding a scheme to obtain 14 fraudulent loans totaling approximately $11. 25, 2022, Edwards and Richardson filed “false and fraudulent PPP and EIDL applications and agreements on behalf of Aug 23, 2024 · Three individuals from East St. District Judge Michael A. Small Business Administration guaranteed under the Coronavirus Aid, Relief, and Economic Security (CARES) Act in connection with their involvement in a COVID-19 fraud ring. Borrower Name: Search Feb 12, 2024 · Six Texas men were sentenced today for their roles in a conspiracy to fraudulently obtain more than $20 million in forgivable Paycheck Protection Program (PPP) loans that the Small Business Administration (SBA) guaranteed under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. However, as PI Mom mentioned, ProPublica created a public list of every business that took out a PPP The indictment accuses the individuals of participating in a scheme between June 2020 and May 2021 to obtain business Personal Protection Program (PPP) loans when most of them did not have an Apr 5, 2023 · The indictment alleges that the defendants and their co-conspirators submitted at least 272 fraudulent EIDL and PPP loan applications containing materially false and fraudulent information and false documents, including false and fictitious tax documents, payroll records, bank records, and identification documents, to procure the disbursement Apr 17, 2024 · CAMDEN, N. 4 million PPP loan fraud scheme. Sellinger announced. Jan 22, 2025 · An indictment was unsealed in Central Islip, New York, charging seven individuals with operating a multi-state conspiracy in which they attempted to defraud the United States of more than $600 million by filing more than 8,000 false tax returns claiming COVID-19-related employment tax credits. 19, 2021 from the U. Contact: newsroom@ci. The indictment accuses the 24 people of participating in a scheme to obtain PPP loans when none of them actually had an operational business. Brown announces the sentencing of 24 defendants in a case involving a scheme by these defendants to defraud the United States by fraudulently applying for and receiving relief through the Payment Protection Program (“PPP”) provided by the Coronavirus Aid, Relief and Economic Security (“CARES”) Act. Date: July 10, 2024 Contact: newsroom@ci. Oct 24, 2024 · Two Riverside County women were arrested today on a 23-count federal grand jury indictment alleging they and two men schemed to defraud a COVID-19 pandemic-relief program out of more than $3 million by helping others fraudulently obtain COVID business loans in exchange for a cut of the illicit proceeds. He also received more than $50,000 in kickbacks for helping co-conspirators fraudulently obtain COVID-19 relief funding. 15, 2024, to a superseding indictment charging him with one count of conspiracy to commit bank fraud; seven counts of bank fraud; one count of conspiracy to commit wire fraud; three counts of wire Mar 26, 2021 · Geronimo paid 25% of the fraudulent PPP loan proceeds as a kickback, which was shared between Dorlus and Marc, and spent the remainder on personal expenditures, according to the allegations. After each business received their PPP loans, Barrera instructed the co-conspirator business owners to give him blank, pre-signed checks drawn on the business so that Barrera could access the PPP funds. Dec 20, 2024 · In November, a federal grand jury indicted three defendants accused of perpetrating a $1. Attorney’s Office for the Northern District of Mississippi announced a civil investigation against fraud involving the Paycheck Protection Program (PPP). To date, a total of 22 individuals have been charged in connection with the fraudulent scheme. ejyyix mvdafn ipkpq wtyvmt dwtqt kpqif cxmvsp hvtfbyeo vgvis cvwlg qzm eqb vyeac ypqro kmnk