Ppp indictment list June 2022. “PPP loans were finite funds designed to help businesses stay afloat amid unprecedented times and extraordinary challenges. Aug 29, 2024 · This fraudulent PPP application generated $100,000 in PPP proceeds. 792 million, causing $1. – Three individuals were indicted for their roles in fraudulently obtaining approximately $5 million of federal Paycheck Protection Program (PPP) loans and Oct 17, 2024 · From April 2020 to April 2021, Aguilar conspired with others to submit seven fraudulent PPP loan applications and three fraudulent EIDL applications on behalf of four businesses. 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. Five others involved in this scheme have already pleaded guilty. Six people charged with fraudulently obtaining loans meant to help small businesses during COVID-19 pandemic | Internal Revenue Service Dec 20, 2024 · In November, a federal grand jury indicted three defendants accused of perpetrating a $1. 3 million in PPP loan funds and approximately $450,000 in EIDL funds. Oct 23, 2024 · In 2021, Rogers filed for PPP loan forgiveness, claiming that $18,000 of the loan was used to satisfy payroll. Dana C. 6, 2024 — Three people were sentenced today for fraudulently obtaining and misusing Paycheck Protection Program (PPP) loans that the U. Oct 18, 2022 · On May 19, Dumarsais Blaise, 45, of Stonecrest, Georgia, and Alexander Blaise, 41, of Plantation, Florida, were charged in the Southern District of Florida by indictment with conspiracy to commit wire fraud, wire fraud, conspiracy to commit money laundering, and money laundering for their roles in an alleged scheme to obtain $1. Jul 10, 2024 · The Paycheck Protection Program (PPP) was a COVID-19 pandemic relief program administered by the Small Business Administration that provided forgivable loans to small businesses for job retention Jul 10, 2024 · ROANOKE, Va. Bhakta was first indicted in December 2021 for defrauding investors in his companies; a grand jury returned a superseding indictment this week that 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. 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. 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. If convicted, Blueacorn's founders face a maximum penalty of 20 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 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. In reality, most or all of the money was transferred back to the defendants. Oct 4, 2022 · Westmoreland was employed by the IRS as a Contact Representative in the Wage and Investment Service Centers Department. 1 weather alerts 1 closings/delays Watch Now 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. " 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. 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. Is the list real? What to know. Sep 1, 2023 · The indictment was unsealed on August 29, 2023. We would like to show you a description here but the site won’t allow us. – 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. S 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). Kanan pleaded guilty in both cases in 2020. Loan amounts, which ranged from $18,200 to $145,000, In July 2024, a federal grand jury returned a superseding indictment charging Jared . According to the indictment, Westmoreland submitted multiple fraudulent PPP and EIDL Program applications on behalf of a purported apparel business, for which she sought at least $32,500 in loans and obtained $11,500 in loan 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 May 18, 2023 · GAO analyzed DOJ press releases and court documents related to PPP and COVID-19 EIDL cases publicly announced as of December 2021 for fraud schemes and impacts. EVERY charged the individuals she recruited to prepare and submit the fraudulent PPP application anywhere from $45. 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. Oct 21, 2024 · CAMDEN, N. Aug 21, 2024 · Under PPP, business owners could apply for loans to offset operational costs for payroll, employee benefits, facility expenses and other bills. 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. The indictment includes 13 counts of conspiracy, wire fraud, bankruptcy fraud, tax evasion, and other crimes. 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. Nov 30, 2022 · Date: November 30, 2022 Contact: newsroom@ci. FCA Now Blog Post. Fighting Pandemic Fraud: Arrests and Indictments Baltimore County Businessman Sentenced to Prison for Fraudulently Obtaining More Than $1. 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. Small Business Administration We would like to show you a description here but the site won’t allow us. Jul 22, 2021 · Seventeen more individuals have been charged in connection with a fraudulent scheme to obtain approximately $11. 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 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. Might have some politicians suddenly start praising Trump if they're indicted. applies for guaranty of a Second Draw PPP Loan (‘‘Unresolved Borrower’’). Jun 22, 2022 · The PPP authorized banks to provide forgivable loans to small businesses for the specific purpose of enabling the businesses to meet payroll expenses and retain employees. 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. 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. The DOJ said several of them were also applying for 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). 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 Feb 6, 2024 · Feb. 19, 2021 from the U. Carroll was released from jail on Thursday. 13 and arraigned in federal court in Brooklyn. Apr 17, 2024 · CAMDEN, N. Nov 1, 2022 · In exchange for his services, Liticker would receive a portion of the PPP loan proceeds. Beltre, 57, the indictment states. 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. The United States Attorney’s Office for the Eastern District of Texas has charged these individuals with a money laundering conspiracy. The 17 charged collectively took just under $500,000 from the Mar 27, 2025 · A federal grand jury returned the 18-count indictment March 4. In total, 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 . 5 million in Paycheck Protection Program (PPP) loans on behalf of five businesses based in Georgia and South Carolina. 00 . 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. gov Damian Williams, the United States Attorney for the Southern District of New York, Thomas M. Ava Misseldine was charged with passport fraud, social security number fraud, aggravated identity theft and fraud in connection with major disaster or emergency benefits May 18, 2022 · PLANO, Texas – Nineteen individuals have been named in a federal indictment charging them with violations in the Eastern District of Texas, announced U. Small Business Administration (SBA) for what he claimed was a business with an average monthly payroll of $7,342. The defendant’s alleged crimes did not begin in 2020. 3 million in loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. A federal criminal indictment is merely an accusation. Attorney’s Office for the Northern District of Mississippi announced a civil investigation against fraud involving the Paycheck Protection Program (PPP). Attorney Brit Featherston today. 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. Louis. 29, 2025. Oct 26, 2022 · The indictment charges all fourteen with conspiracy to obtain the funds by filing false and fraudulent PPP applications and using the loan money for allegedly funding other businesses, purchasing 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. 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. The indictment alleges that the defendants conspired to submit false and fraudulent loan applications through the PPP loan program. A warrant has been issued for Shaw and he is considered a fugitive. According to the U. Dec 3, 2024 · The indictment states the couple also helped PPP applicants to do the same and received kickbacks from them. Jan 10, 2023 · The scheme involved as many as 400 fraudulent PPP loan applications, the majority of which were for applicants in South Carolina. Feb 11, 2025 · Fraud has been found to be rampant in the PPP program that was created under then-President Donald Trump in 2020 and continued by former President Joe Biden, with at least $200 billion believed to 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. The feds say those checks went to some . Marco Schiavenin, owner of Sterling Flooring in Fairfax, Virginia, pleaded guilty in the Eastern District of Virginia. 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 May 18, 2022 · In April 2020, Congress authorized over $300 billion in additional PPP funding. 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 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. Jan 12, 2024 · Recently, one of our investigations led to 19 U. Both are federal stimulus programs authorized as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The individuals named in the indictments include: Willie Mitchell aka Blu Mitchell, 40, of Phoenix, Arizona. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. 2 million in improper loans The Illinois Office of Executive Inspector General found that state workers paid kickbacks to brokers who 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. Mar 12, 2025 · The PPP was the federal government’s marquee pandemic relief initiative for businesses and nonprofits. Jan 10, 2024 · On January 10, 2024, a Paycheck Protection Program (PPP) loan recipient pleaded guilty to one count of Bank Fraud. Based on the fraudulent applications, Aguilar received approximately $3. fraud. The PPP applications were also supported by false tax documents, some of which Anderson signed. government and relator Bryan Quesenberry (“Relator”) to settle allegations that DMI obtained two first draw loans under the Paycheck Protection Program (“PPP” or 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. 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. – 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. 00 to $120. gov A Florida woman was sentenced today to 44 months in prison for defrauding the Paycheck Protection Program (PPP) of more than $3. In 2021, she received another PPP loan totaling over $146,000. 385 PPP loans (>$150k) have been issued in the city of RANCHO CUCAMONGA, CA. GAO analyzed 2020 and 2021 PPP and COVID-19 EIDL data, comparing these data to NDNH wage data to identify the presence of fraud indicators. According to the superseding indictment, Eakes participated in a scheme to defraud investors and fraudulently secured approximately $4,752,270 in PPP loans. Jun 4, 2024 · Raoul’s indictment alleges she received a PPP loan of more than $20,000 in April 2021 from the U. irs. Mar 20, 2025 · The indictment also alleges that, when contacted in late 2022 by federal investigators, Chatman knowingly destroyed records -- including PPP applications stored online and a hard-copy list of PPP Mar 8, 2024 · Additionally, David Kurt Schneider is charged with money laundering. Borrower Name: Search Apr 6, 2024 · The indictment does not list the location of this property. 1 million from the Paycheck Protection Program (“PPP”). 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. 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. Sellinger announced. 4 million PPP loan fraud scheme. 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. Jun 26, 2024 · Raoul’s indictment alleges Fox received a PPP loan of $18,355 on Feb. 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. 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. 50 and a wire transfer in the amount of $179,985. Defendant extradited to face charges related to international bank fraud and money laundering ring that caused over $60 million in losses Date: February 3, 2022 Contact: newsroom@ci. Aug 11, 2023 · Working alongside law enforcement partners and U. According to the indictment, Golden-Larimore prepared and filed fraudulent PPP loan applications on behalf of the other co-conspirators. 3 M ppp-paycheck protection program eidl-economic injury disaster loan covid-19 fraud strike force wire fraud Jun 22, 2022 · PHILADELPHIA - United States Attorney Jacqueline C. 1 million in Paycheck Protection Program (PPP) loans and to use those funds to purchase luxury vehicles, jewelry, and other personal items. Oct 11, 2023 · This week, a federal grand jury in the Western District of Tennessee returned an indictment charging ten individuals for their roles in schemes to defraud the Economic Injury Disaster Loan (EIDL SBA Form 2483 (3/21) 1 ( Paycheck Protection Program Borrower Application Form Revised March 18, 2021 OMB Control No. 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. Feb 12, 2025 · Eventually they'll get around to local pols and family members who imbibed at the PPP fountain of free money. Date: July 10, 2024 Contact: newsroom@ci. Feb 22, 2024 · KANSAS CITY, Mo. “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. The PPP was overseen by the SBA, which guaranteed loans issued, in the first instance, by commercial lenders. The indictment in USA v. Small Business Administration (SBA) through the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security (CARES) Jun 23, 2022 · PHILADELPHIA - United States Attorney Jacqueline C. 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. J. : 3245-0407 Expiration Date: 9/30/2021 Jan 28, 2021 · Six individuals, who operated as part of a larger group, have been indicted for fraudulently obtaining approximately $1. 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. 6 million in PPP May 13, 2021 · We update this list weekly with any new cases filed and/or key developments in cases already pending. The indictment alleges that Liticker would also assist in getting the loans forgiven. Grant et al . Attorney Philip R. Postal Service employees and former employees in central Illinois being charged with defrauding the PPP by claiming bogus expenses in fictitious Oct 11, 2023 · The impending mass indictment does not appear to capture all of the PPP cases now being assembled against BSO deputies. DOJ Press Release. If you received notice of an Unresolved Borrower due to one or more Hold Codes that exist on the borrower’s First Draw PPP Loan, SBA will not issue a loan number for the Second Draw PPP Loan until the Hold Code(s) are cleared. In addition, lenders were not always clear on how to handle PPP fraud or recover funds obtained fraudulently from the PPP that remained in the borrower’s account. The CARES Act established several new temporary programs and provided for the expansion of others to address the COVID-19 pandemic. 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 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. 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. – United States Attorney Brandon B. 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. Attorney Feb 13, 2024 · Feb. Three Individuals Indicted in Multistate COVID-19 Relief Program Fraud Scheme Wednesday, April 17, 2024 For Immediate Release U. 3. 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. He also received more than $50,000 in kickbacks for helping co-conspirators fraudulently obtain COVID-19 relief funding. Feb 10, 2023 · Twenty-three people from Texas have been named in a federal indictment for allegations of fraud related to the Paycheck Protection Program (PPP). 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 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. Settlement Agreement S ummary: Daniel Markus, Inc. S. PPP Loan Forgiveness Certification Fraud. Jul 10, 2024 · According to the U. Please let us know if there is any other case we need to watch. Jun 28, 2024 · Jackson laundered some of the proceeds of Gaines Reservation and Travel’s PPP loan, receiving over $300,000 of the stolen PPP funds into her business’s bank account. All defendants, except Corey Shaw, have been arrested and released on conditions. 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 Jan 31, 2025 · Two men indicted for COVID unemployment and loan fraud; Florida businessman indicted for tax evasion; Jan. The charges allege Ebone Myrriah Mott, 37, Houston, conspired with others to falsify applications and claims to help them qualify for PPP loans and unemployment insurance benefits for which they were not otherwise eligible. 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. The allegations were Sustained. 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. Jason Nolte, 39, of Phoenix, Arizona. Dec 20, 2023 · The indictment follows a prior related indictment in which two individuals also are charged in a violent carjacking. The businesses were – in fact – non-existent, and 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 · 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 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. Search data from Google Nov 25, 2024 · – A federal grand jury returned a 13-count indictment charging three Metro East men for engaging in a PPP loan fraud scheme in East St. Jamel Woods, also known as "Richard Carter. Olivia Spellman of Janesville Feb 19, 2025 · Jalal and co-schemers submitted fraudulent applications for PPP loans in amounts totaling $1. 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. This occurred because SBA did not provide lenders sufficient specific guidance to effectively handle potentially fraudulent PPP loans. 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). Jul 10, 2024 · Defendants charged in 142-count indictment. (“DMI”) and Margarita Risis, DMI’s sole shareholder, entered a settlement agreement with the U. The indictment, returned by a federal grand jury on May 12, 2022, charges the defendants with conspiracy to commit wire fraud. Six individuals, including the Nov 7, 2024 · According to today’s indictment, Day applied for a PPP loan for her business on March 20, 2021. Anderson submitted or caused to be submitted fraudulent applications for loans totaling approximately $118,532, and she obtained $78,432. 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). Feb 22, 2024 · Feb. Jalal, 51, of Niles, Ill. Fattorusso, Special Agent in Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation ("IRS-CI"), and Amaleka McCall-Brathwaite, Eastern Region Special Agent in Charge of the U. The indictment alleges the scheme resulted in more than $1 million in fraudulently obtained PPP loans, and according to evidence presented at the defendants’ bond hearing, that figure may be as high as $8 million. | <a href 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. S. $20,832. 00. Sellinger announced today. Oct 10, 2023 · In fact, the business had no employees and Anderson did not earn income as a sole proprietor. PPP loan proceeds must be used by businesses on payroll costs, interest on mortgages, rent, and utilities. 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 · 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. 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. 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 5 days ago · Use of PPP loan funds for any other purpose has the potential to be characterized as PPP loan fraud. PPP arrest warrants have allegedly been made to arrest those who took out fraudulent loans in 2020. 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. 13, 2024 — Five people were indicted on multiple charges Feb. She used that May 19, 2023 · Barrera then applied for the loans with an unindicted co-conspirator, causing approximately $9 million in fraudulently issued PPP loans. . Dec 16, 2021 · The indictment alleges they laundered a portion of the fraudulent loan proceeds by writing checks to fake employees from companies that received PPP loans. This individual sought a PPP loan in April 2021 from Capital Plus Financial totaling . Multiple federal agencies are investigating companies and individuals for Paycheck Protection Program (PPP) loan fraud. 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. My bet for Chicago is current and former aldermen, state legislators, family members, and some executive branch types. This… 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 Jul 20, 2023 · 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 Once the OEIG identified these PPP loans, the OEIG conducted further investigation to determine whether employees received those loans in a fraudulent manner. 17, 2023. 72. Howard, 52, of O’Fallon, Richard Scott Myers, 63, of Edwardsville, and Glenn Sunnquist, 53, of Swansea, are each facing one charge of conspiracy to commit wire fraud and two counts of wire fraud. To induce the Small Business Administration and banks to approve the fraudulent PPP loans, Shammas and his co-conspirators included false and fraudulent statements in the loan applications, including false representations regarding the number of employees, the average monthly May 2, 2025 · This is a follow-up to our earlier report which identified 355 PPP loans that likely exceeded the maximum size standard and may have been erroneously approved. Jul 10, 2024 · ROANOKE, Va. The Justice Department claimed that 63 defendants had connections to violent crime and that 25 Jun 8, 2023 · JACKSON, Miss. CF 22-06-290. – 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. Weiss, U. 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. – 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. 644 million to be disbursed by lenders. Under the EIDL program, the Small Business Administration (SBA) provided low interest loans for small businesses to obtain financial relief due to any disruption or harm to Feb 7, 2024 · The indictment alleges that the defendants submitted at least 30 fraudulent 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 PPP assistance loans by Bank 1. Aug 6, 2020 · The owner of a Florida talent management company and four others were charged in complaints unsealed yesterday for their alleged participation in a scheme to file fraudulent loan applications seeking more than $24 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Sep 24, 2021 · To date, the United States has recovered more than $1. All publically available loans are listed here in order of business name. As asserted in the indictments, each defendant submitted applications for a PPP loan in which they claimed ownership of a business. May 30, 2024 · Wilmington, Del. – 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. To date, a total of 22 individuals have been charged in connection with the fraudulent scheme. Search CA Businesses McFadden, according to the indictment, created false and fraudulent PPP loan applications by obtaining the personal identifying information (PII) of putative PPP loan applicants. (WJTV) – The U. 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. 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 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 funds were transferred via a check in the amount of $155,252. The indicted individuals, all current or former United States Postal Service employees, are: Aug 23, 2023 · The sweep resulted in criminal charges against 371 defendants, with 119 convicted or pleading guilty. Nov 22, 2024 · The owners of Blueacorn, a Scottsdale-based company that processed COVID-19 PPP loan applications during the pandemic, have been indicted. 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. 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 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. 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. Apr 11, 2024 · PPP fraud investigation by Illinois state watchdog turns up $7. 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). Dean Eakes (33, Jacksonville) with five counts of wire fraud and three counts of bank . Based on updated data analysis, we identified that 79 of those 355 loans still appeared to exceed the maximum size standard. Are you being targeted? Call 888-680-1745. 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. Nov 21, 2024 · SHREVEPORT, La. $268,300 Second First Draw . – The DOJ Attorney’s Office in the Western District of Virginia announced that 24 people have been charged in a 142-count indictment. Feb 3, 2023 · Brit Featherston, U. Attorney's Office, District of New Jersey CAMDEN, N. Small Business Administration (SBA) for what she claimed was a nursing or residential care business. , pleaded guilty last year to bank fraud and money laundering charges. nfqzmvbfnmdvdnypwbglpvcquzewpxonibtotcutslnptxfsycnvppvmwaavynwfuwmlftzxtzlad