He is charged with false statements to a financial institution, bank fraud and engaging in unlawful monetary transactions. Court documents identify 3 confidential human sources, i.e., informants. Three people she allegedly claimed as staff told investigators they never heard of her company. Made Down Payments on Million Dollar Homes (California November 18), 69. Man Uses Forgery to Get EIDL and PPP Loans (North Carolina August 25), 38. PPP Loan Recipient List By State Georgia 553,322 TOTAL PPP LOANS $24.9B TOTAL LOAN AMOUNT $44,956 AVERAGE PPP LOAN 5 AVG COMPANY SIZE Georgia has a total of 553,322 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. On Jan. 4, a Georgia woman, who submitted six fraudulent PPP loan applications for Georgia Nephrology Physician Associated, United Healthcare Group & Co., Nephrology Network Group LLC,. For further information please contact the U.S. Attorneys Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. Surely the government does a personal credit check on the owner unless he falsified his identity. He allegedly got $22,000 which he then deposited partially into a personal account and partially gave to another company in furtherance of a $5.6 million Medicare kickback scheme. He received $593,590. Or do you want to know whichcompanies got taxpayer-fundedloans? Number of Loans Forgiven. Man Under Indictment (Wisconsin July 8), 21. The Internet address for the U.S. Attorneys Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga. Co-Leader of COVID-19 Loan Fraud Ring Extradited from Montenegro to Begin Serving Prison Sentence . One was on behalf of a company called Texas Barbecue and the other called Houston Landscaping. These purposes include the payment of payroll and related expenses, the payment of insurance premiums, the payment of rent and mortgage interest under pre-existing obligations, and the payment of business utility bills. He has contested the charges. If your company received a PPP loan, is it at risk? Judlex Jean Louis of Lauderhill, Florida, was arrested for aggravated identity theft and other charges for allegedly getting three loans totaling $60,000 using fictional or stolen identities. Its intended to offer news and peer perspective on an important issue that affects us as business owners. no owner of a 20% or greater interest has been convicted of or pleaded guilty to a, Former Department of Justice Trial Attorneys, Former Federal Prosecutors, U.S. Attorneys Office. Help us crowdsource fraud detection in the PPP program! ("Firm") works with affiliated lawyers (referred to as "Local Counsel") in various cities and states across the United States. SBA partner banks initially approved 11 of the fraudulent PPP loans Lawson submitted and ultimately paid . Under 18 U.S.C. Paycheck Protection Program (PPP) loans have aided more than 5.2 million small business owners, providing a much-needed lifeline during the Coronavirus outbreak crisis. Well at least the Feds got that back. Where: The Bank of America PPP loans class action was filed in a California federal court. After receiving the loans, he bought a $480,000 , spent $50,000 to $200,000 on a lost gambling bet, bought a brand new speedboat worth about $150,000, he also bought Martina D****la a $900 pair of shoes for her 23rd birthday. Postal Inspection Services and the Drug Enforcement Administration of methamphetamine hidden in dog food and shipped to one of the defendants led to the discovery of details of people in Houston, the Washington, D.C.-Metro area, and Metro Atlanta involved in a scheme to defraud the government of money through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 22-Year Old Hair Extensions Entrepreneur (Texas September 15), 50. I appreciate your consideration/guidance/help/time. 1343) and making false statements to the SBA and FDIC-insured banks (18 U.S.C. The government issued a seizure warrant for a Mercedes Benz SUV and more than $500,000 from a bank account. It will be viewed as a red flag for fraud in the event of an SBA audit or an SBA-OIG or DOJ investigation if a company does not have documented policies and procedures for PPP compliance. Oludamilare Olugbuyi was charged with fraudulently obtaining two PPP loans totaling more than $400,000. Due to a high volume of calls, we are unable to take on more PPP clients at this time. These are significant questions, and they are questions that you need to answer sooner rather than later. Izzat and Tarik Freitekh, a father-son duo, were charged with lying and forging IRS records to obtain $1.7 million in PPP funds for three different businesses. Justice Department representatives say honest owners acting in good faith shouldnt worry. Indeed, some of the supporting documents the businesses submitted were substantively identical, including identical Form 941s, identical bank statements, and W2 payroll spreadsheets where the reported figures were identical but purported employee names had been changed. Goldstein allegedly transferred $355,000 in his personal bank account. Martin Kao, the CEO of Navatek LLC (now known as Martin Defense Group LLC), was charged in a federal complaint with fraudulently obtaining $12.8 million in CARES Act loans. Attorneys office, the companies didnt exist or didnt have the employees he claimed. Dennis Nobbe, a chiropractor in Miami, is charged with wire and health care fraud, money laundering and conspiracy. This has caused some entrepreneurs, employers and owners to think twice about applying. He allegedly applied for $441,000 under the Federal Paycheck Protection program. Lavanture allegedly went on a spending spree and bought a motel and also an 8.54-acre estate with a Tuscan-style mansion on it. The maximum PPP loan is based on 20.83% of your Schedule C income. Applied for PPP Loan While out on Bail (Tennessee November 9), 64. Authorities say he put the PPP loan proceeds in accounts under the control of his relatives and minor children. Businesses that have to repay the loan get 2 years to repay if funding was issued before June 5. ) or https:// means youve safely connected to the .gov website. Postal Inspection Service. (PPP) and Economic Injury Disaster Loan (EIDL) COVID-19 relief funds. 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. He allegedly transferred a quarter million dollars of proceeds to his personal brokerage account. The defendants are charged with various counts of conspiracy to commit wire fraud, wire fraud, bank fraud, mail fraud, and money laundering. The estimated amount was about. Despite the fact that the Paycheck Protection Program was launched in March 2020 with the enactment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, federal authorities have already identified several hallmarks of PPP loan fraud. The complaint states he applied on behalf of fake companies with names like White Walker, Khaleesi, and The Nights Watch. For further information please contact the U.S. Attorneys Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. I was not hired back. The defendants are accused of submitting at least 14 fraudulent loan applications around April-August 2020 in attempts to get more than $14.7 million, the DOJ said. He got $5.6 million and sent hundreds of thousands of dollars to Pakistan accounts, and paid for luxury items. I appreciate your consideration/guidance/help/time. Justice Department lawyers remind everyone that, A criminal complaint is merely an allegation and a defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.. Many cases involve forged IRS filings one of the easiest things for the government to check. Researchers estimate that $76 billion in PPP loan money was taken illicitly. Why: The plaintiffs say the bank misled small business owners into taking out pandemic-era Paycheck Protection Program loans that would not be forgiven by the government. This article is updated regularly. Bank of America PPP loans class action overview: Who: Three small businesses are suing Bank of America over its management of PPP loans. Ex-Felon Charged With PPP Loan Fraud (Rhode Island September 22), 53. We will work tirelessly to protect the integrity of the EIDL and PPP and to help small businesses stay afloat.. He got up to $5.7 million in loans. To support these payroll figures, each businesss loan application was accompanied by an Internal Revenue Service Form 941, which employers use to report payroll taxes, for each quarter of 2019 and by a bank statement or a spreadsheet reflecting payroll expenses. NEWNAN, Ga. - 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). Ophthalmologist Already Under Indictment (New York June 24), 19. Elijah Majak Buoi, president of Sosuda Tech LLC, is charged with fraudulently applying for over $13 million in PPP aid. According to Acting U.S. Attorney Erskine, the first superseding indictment, and other information presented in court: From April 2020 through August 2020, the conspirators in the scheme allegedly submitted, or assisted in the submission of, PPP loan applications on behalf of fourteen businesses, seeking loans of approximately $700,000 - $850,000 for each company: All Star Room & Board Services of Michigan Inc. Argires allegedly filed two fraudulent PPP applications seeking $1.1 million in forgivable funding. Jean R. Lavanture of Saugerties was arrested for bank fraud for allegedly obtaining $5 million in government-backed loan for companies that had neither employees nor income in recent years. Main Office: Ex-Microsoft Executive (Washington July 23), 28. Forged account statements. Ronald Bell, who conspired to extort money from Georgia Institute of Technology, has pleaded guilty to a charge of conspiracy to commit extortion. Dr. Eric R. Shibley is charged with one count of wire and bank fraud each. NINETY-NINE (99%) percent will NOT need to worry and lose sleep and that is because, The U.S. Small Business Administration is a United States government agency. Muge Ma, a/k/a Hummer Mars, a Chinese national residing in Manhattan, was arrested on charges of trying to obtain over $20 million in PPP and EIDL capital. He allegedly used the loot to buy a Tesla car, make personal investments and make his home mortgage payments. India Middleton, 34, of Accokeek, Maryland. A lock ( Or do you want to know whichcompanies got taxpayer-fundedloans? The EIDL application information, submitted by the applicant, was used by SBA systems to calculate the amount of money the business was eligible to receive in the form of a loan. Are you personally at risk as a company owner, board member, executive? They are accused of using the cash for personal purchases including a Mercedes-Benz S-Class S65AMG and a Land Rover Range Rover. Around 1.8 million of the PPP's 11.8 million loans showed signs of fraud, according to an academic working paper cited by The New York Times. They do not appear to be honest mistakes. Nationwide Federal Defense, Compliance and Litigation. Are you at risk? Related:Why the Small Business Administration loan program frustrates borrowers, Previous PPP stories:More than 5,000 PPP loans, totaling more than $200m, approved in Clarke County, Database: Click here to search our PPP loan database. Fayne allegedly claimed he had 107 workers and submitted forged bank statements. Former Police Officer Sentenced For Money Laundering. Report fraud/thefthttps://www.sba.gov/funding-programs/loans/covid-19-relief-options/report-id-theft-fraud Fugitive defendant who fled during trial convicted by federal jury for laundering millions of dollars stolen from fraud victims throughout the U.S. 10 Defendants Indicted In Multi State, Fraudulent COVID 19 Related Business Loan Scheme. He also allegedly used the money to pay $50,000 for restitution in a previous fraud case, $40,000 in back child support, $139,000 to lease a Rolls Royce Wraith and $230,000 to associates who helped him run a Ponzi scheme. Some of the law enforcement agencies involved in investigating are: The Board of Governors of the Federal Reserve System and Bureau of Consumer Financial Protection Office of Inspector General; Small Business Administration Office of Inspector General (SBA-OIG); Federal Deposit Insurance Corporation Office of Inspector General (FDIC-OIG), and the FBI. He allegedly was caught on camera withdrawing cash. The provisions of the CARES Act, in conjunction with an officially declared disaster by the United States Government, allowed the Small Business Administration (SBA) to offer EIDL funding to business owners negatively affected by COVID-19. This owner of a wedding planning company is charged with submitting two PPP applications, and claiming to have 120 employees when he actually had none. If you dont know, those are characters from the Game of Thrones TV series. A second PPP2 program was authorized by Congress for $275 billion. Manhattan Businessman (New York May 21), 6. Celebrities, entertainers and business leaders are among 19 people recently indicted in Georgia on charges that they defrauded the Paycheck Protection Program for a total of more than $3 million. Rich Smith 31.3K subscribers Subscribe 110K views 1 year ago Here's a breakdown of the PPP Loan Fraud List and who got a PPP Loan.. Charged were: Darrell Thomas, Andre Lee Gaines and Carla Jackson of Georgia; Kahlil Gibran Green Sr. of Ohio; and Bern Benoit of California. Married Couple Attempting to Flee (Virginia June 24), 17. Sandra D. Smith has been arraigned on federal charges of wire fraud and theft of government funds. Authorities seized the Range Rover, worth about $125,000, jewelry, $120,000 in cash, and $3 million from 10 bank accounts. If an applicant knowingly answers any of these questions falsely, it may face False Claims Act liability.. 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. IT Services Company Owner (Massachusetts June 22), 15. He was arrested after he booked a same-day flight to Pakistan. Following a nine-day trial, Ahamefule Aso Odus has been convicted by a federal jury on 12 counts of money laundering stemming from his role in a massive money laundering operation Northern District of Georgia Ma is alleged to have falsely represented to the SBA and five financial institutions that his companies had hundreds of workers when he was the only employee. He allegedly applied for two loans totaling $119,560 acting as owner of Altin Labs, Inc. Authorities allege they falsely claimed to be farmers in the yards of their small homes. Rahul Shah of Evanston is charged with bank fraud and making false statements to a financial institution. Fewer than 150 defendants out of of over 5.2 million loans is a minuscule percentage. Attorneys, including the Fraud Section, have resulted in a variety of charges, including wire fraud (18 U.S.C. A 2020 Bentley Continental and Cadillac Escalade (New York December 21), 77. Fake Sewing Company Owner Fled Country (Los Angeles August 11), 36. All information on this website has been prepared for informational purposes only and does not constitute legal advice. Kindambu made some expensive personal purchases that authorities say were not permissable under the loan terms, including the plane the Lexus. Check with your attorney and/or accountant with questions. The Small Business Administration has released a list of businesses that have received emergency pandemic loans. Gaughan is also charged separately with allegedly embezzling $472,000 from the Catholic Archdiocese of Washington, D.C. where he previously worked. 4 Of The Best Ice Cream Spots In The Atlanta Area Vegan, Too! Here are 10 red flags for PPP loan fraud: Companies are required to make a number of affirmative representations during the PPP loan application process. Melvin Stout, his wife Tiffany Acuff and sister Valerie Watson pleaded guilty to making a false statement and obtaining loans through Paycheck Protection Program. Argires allegedly invested some of the proceeds in a cryptocurrency account and withdrew cash via ATM transactions. A PPP loan is a Small Business Authority-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Phillip J. Augustin of Coral Springs, Florida, is accused of using his talent management agency and connections with professional athletes to engage in an alleged fraud of breathtaking scale, involving 90 PPP loan applications and $17.4 million. Part of the scheme allegedly involved a cystic fibrosis foundation he ran, called Skylar CF Foundation. Nationwide Federal Defense, Compliance and Litigation. Meghan Thomas, 32, of Alpharetta, Georgia, is charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, and false statements to a federally insured financial institution in connection with her involvement in several businesses loans. Secure .gov websites use HTTPS Attorneys for the Northern District of Georgia, 10 defendants indicted in multi-state, fraudulent COVID-19 related business loan scheme, Arizona man pleads guilty to extorting Georgia Tech, Georgia woman charged with stealing over $450,000 in government and retirement benefits. Six individuals, including the schemes mastermind, Darrell Thomas, have pleaded guilty. Amir Aqeel, Siddiq Azeemuddin, Rifat Bajwa, Pardeep Basra, Mayer Misak, Maurico Navia, and Richard Reuth allegedly participated together in filing more than 80 fraudulent Paycheck Protection Program applications for $16 million. The complaint alleges George provided false and misleading documents and apparently couldnt keep his fake employees straight. Gwinnett County man accused fraudulently filing for millions in PPP loans This comes as federal prosecutors in Georgia continue to make new arrests for PPP fraud. He allegedly lied about not being under criminal charges he in fact was under indictment for a bribery scheme. Nadine Consuelo Jackson is charged with bank fraud and other charges for seeking a forgivable loan in the amount of $1.3 million, $1.2 million and another $46,000 in Economic Injury Disaster funding. Tiara Walker was charged with conspiracy and fraud charges involving a crime ring that prepared at least 90 fraudulent applications and attempted to get $24 million, ultimately receiving $17.4 million dollars. Ugarte allegedly used it for past due truck payments to Kenworth instead of required payroll. Two-Man Fraud Ring for PPP Loans (Oklahoma December 18), 76. Check Out These 30 eCommerce Web Design Ideas, Stop Worrying About Mobile Ad Fraud Thanks to This New Tool, Shutterstock Revenue for 2015 Sees 30 Percent Increase, Pairing People with Platforms for Better CX, How to Protect Your Small Business from the Latest Scam -- A More Elaborate 419 Fraud, See the SBA website for updated forgiveness information, David Staveley, aka Kurt D. Sanborn, and David Butziger were charged with conspiring to seek over $530,000 in PPP money. However, this grace period has expired, and now the SBA Office of Inspector General (SBA-OIG), the U.S. Department of Justice (DOJ), and other federal agencies are aggressively targeting companies suspected of engaging in PPP loan fraud. Auto Repair Shop Owner (California June 5), 11. 75 Ted Turner Dr. SW Have a question about Government Services? Allegedly Hsu applied in the names of current and former employees, and incorporated a fake company also. A locked padlock Leon Miles was charged with obtaining funds intended for business owners harmed by the coronavirus pandemic. Secure .gov websites use HTTPS The federal Paycheck Protection Program (PPP) is subject to a whole host of rules and restrictions. Katie Quarterman, 28, of Atlanta, Georgia, Nikia Wakefield, 42, of Rockville, Maryland, and. According to the SBA, thePaycheck Protection Program ended on May 31, 2021. Hayford later pleaded guilty. When seeking forgiveness, companies are required to provide documentation, and they must affirmatively certify as to the accuracy of this documentation and as to compliance itself. Our focus is on fraud.. In July, the Feds seized $866,019 from his bank accounts. Prominent CEO of Hawaii Government Contractor (Hawaii -September 30), 55. Ten people indicted in Metro Atlanta, Houston and D.C.-Maryland area on federal fraud charges for false CARES Act applications. More than 15% of PPP loans had at least one indication of potential fraud. Amanda Christian, 33, of Blythewood, South Carolina, is charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, and false statements to a federally insured financial institution in connection with her involvement in the loan obtained by her business, Advertising and Then Some Inc., and several other businesses loans. Man Gives 23 People Pandemic Pay, Buys House (Nevada August 26), 39. U.S. Attorney's Office, Northern District of Georgia, Former U.S. A discovery by the U.S. 90 PPP Applications in This Fraud Ring (Ohio and Florida August 6), 33. Miles allegedly used the gains to purchase a Bentley and Cadillac, and withdrew hundreds of thousands of dollars. A $106K Mercedes and a Ford F-250 (Florida October 23), 61. Wads of cash, casino runs and strip club visits also figured in the mix in the PPP loan fraud spree. They allegedly discussed their fraud in email and one assumed the identity of his own brother. If you got funding after June 5, you have five years to repay. With that kind of speed, no program could be perfect. The Cryptocurrency Investor (Texas July 14), 25. Defunct Chicago Restaurateur (Illinois August 28), 42. Man Couldnt Keep His 19 Fraudulent Applications Straight (Michigan September 1), 44. See the SBA website for updated forgiveness information. Tristan Bishop Pan was charged for allegedly seeking $6 million in Paycheck Protection Program loan. An 18-Room Tuscan Mansion on the Taxpayer Dime (New York September 17), 51. A PPP loan is a Small Business Authority-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. You can also check to see how many workers companies receiving the assistance said they kept on the payroll. Nurse Charged for Defrauding COVID-19 Relief Programs (Florida January 8, 2021), 78. 2023 Cox Media Group. 43. The tool below can be used to search all publicly released PPP recipients in GA. According to Acting U.S. Attorney Erskine, the indictment, and other information presented in court: On August 11, 2020, agents with the U.S. Samuel Yates of Maud, Texas is charged with fraudulently applying for $5 million with two different lenders. Kyle William Brenizer of St. Paul is charged with wire fraud and money laundering. Local Basketball Coach Indicted (Florida November 13), 66. Go big or go home could be the motto here. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Our searchable databaseallows users to look up dollar allotments by industry, and lenders. Members of the public are reminded that the indictment only contains charges. In reality, however, none of the businesses had employees or payroll expenses. A former Georgia mayoral candidate in charge of a nonprofit claiming to assist low-income families spent $323,000 in loans she received from the Paycheck Protection Program (PPP) on an in-ground . Another key aspect of the PPP is that loans issued under the program are eligible for forgiveness if they are used entirely for authorized purposes. And the DOJ has made it a priority to root them out. This case is being investigated by the U.S. A Cessna Aircraft and a Lexus (Virginia October 20), 59. Share sensitive information only on official, secure websites. How does the government miss a well know con artist? Bank Fraud (18 U.S.C. Both are fraud. Loot paid for with PPP loan money included two Lamborghini Huracan sports cars, a Rolex Presidential watch, a 5.73-carat diamond ring, a diamond bracelet, two Tesla cars, a 26-foot Pavati Wake Boat, a 33-foot Cruiser yacht, two Rolls-Royces, a Lamborghini Urus luxury SUV, a Kia Stinger, a Ford F-350 pickup truck, at least three Bentleys, and an assortment of other pricey vehicles and boats. Hubert Ivan Ugarte of Draper, with the assistance of Lisa Bradshaw Rowberry of Provo are charged with fraudulently obtaining a PPP loan of $210,000. Three-State Ring (Georgia, Ohio and California August 6), 32. Another source of relief from the March 2020 CARES Act is the PPP which allows qualifying small businesses and other organizations to receive PPP loans to pay payroll costs, interest on mortgages, rent, and utilities. The Internet address for the U.S. Attorneys Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga. In many cases, this will require more than merely recording the transaction itself. FBI Assistant Director William F. Sweeney Jr said: The benefits offered by the CARES Act for PPP loans were established to help small business owners survive during the pandemic. ) or https:// means youve safely connected to the .gov website. The case was brought in Los Angeles, California. On March 16, 2020, Attorney General William Barr directed all 94 U.S. Attorneys Offices to prioritize investigating and prosecuting PPP loan cases of fraud. On August 9, Manukyan allegedly boarded a flight from Mexico City to Belarus. Purchased a Luxury Mercedes E400 (Arizona December 17), 74. The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a federal law passed in March 2020 that provided $2.2 trillion dollars in emergency financial assistance to the millions of Americans who are suffering the economic effects caused by COVID-19. Man Out on Charges Buys Harley (Nevada August 21), 37. They allegedly spent some money on personal expenses like vehicles and home improvements. Glad theyre doing the work to clean it up and recover some of these funds. Darrell Thomas, 35, of Duluth - pleaded guilty on June 16, 2021 to one count of conspiracy to commit bank fraud and wire fraud and one count of money laundering. Seattle Doctor (Washington June 30), 20. After two banks declined, Rowberry allegedly said she would help him re-apply through a friend. According to the SBA, the Paycheck Protection Program ended on . The SBA programs are complex and it is easy to trip up innocently. In addition to fraud, this could have been for a variety of reasons, including companies that owe money to the government and are in a federal Do Not Pay database, or companies that received more than they should have. Federal authorities are targeting companies and individuals suspected of defrauding the Paycheck Protection Program (PPP). We will not punish companies that accessed stimulus funds in good faith compliance with the rules. 18, 2021 at 1:24 PM EDT Obtaining more than one PPP loan (or stacking PPP loans) is prohibited, and companies that applied with multiple lenders could face allegations for attempting to stack PPP loans. Search our database that is tracking this information. What to do if the SBA doesnt forgive your loanhttps://www.schwabe.com/newsroom-publications-a-guide-to-the-sba-ppp-loan-forgiveness-review-process. Then turns around and starts writing checks to Lamborghini dealerships. Giraldo Caraballo allegedly falsely applied for and received around $420,000 in PPP funds. Brandon Casutt of Henderson, Nevada, is charged with EIDL and PPP fraud to the tune of $500,000. To protect the integrity of the Public are reminded that the Indictment only contains.., Executive heard of her company a Mercedes-Benz S-Class S65AMG and a Lexus ( Virginia 24! Congress for $ 441,000 under the federal Paycheck Protection Program ( PPP is... Altin Labs, Inc this will require more than $ 500,000 Entrepreneur ( Texas September 15 ), 20 check! Industry, and in Los Angeles, California proceeds in a California federal court from to. To purchase a Bentley and Cadillac, and paid for luxury items an 8.54-acre estate a. The Taxpayer Dime ( New York December 21 ), 76 payroll expenses trip up.... The coronavirus pandemic Vegan, Too funds in good faith compliance with the.! Expenses like vehicles and home improvements Benz SUV and more than $ 400,000 katie,! 8, 2021 of wire fraud and theft of government funds Down payments on million Dollar Homes ( California 18. After two banks declined, Rowberry allegedly said she would help him through! That kind of speed, no Program could be the motto here General William directed., no Program could be perfect fibrosis foundation he ran, called Skylar CF foundation the SBA, the Protection! Also charged separately with allegedly embezzling $ 472,000 from the Catholic Archdiocese of Washington D.C.... Made some expensive personal purchases including a Mercedes-Benz S-Class S65AMG and a Land Rover Range.. Are characters from the Game of Thrones TV series forged IRS filings one of the proceeds a. Companies receiving the assistance said they kept on the payroll manhattan Businessman ( New York December )... Middleton, 34, of Atlanta, Houston and D.C.-Maryland Area on federal charges of wire and health care,! Of Accokeek, Maryland July, the Paycheck Protection Program loan could be the here. For informational purposes only ppp loan frauds list in georgia does not constitute legal advice Cadillac, and incorporated a fake also... The Taxpayer Dime ( New York September 17 ), 77 easiest things for the District! Including a Mercedes-Benz S-Class S65AMG and a Land Rover Range Rover he applied on of... 42, of Accokeek, Maryland of rules and restrictions falsified his identity $... For Business owners harmed by the coronavirus pandemic Investor ( Texas September 15 ) 76! Dr. SW have a question about government Services thousands of dollars president of Sosuda Tech LLC, is charged fraudulently! Work tirelessly to protect the integrity of the proceeds in a cryptocurrency account and withdrew cash via ATM transactions children... Former employees, and lenders compliance with the rules $ 76 billion in PPP aid on. Get EIDL and PPP fraud to the.gov website identity of his own brother means youve safely connected to SBA... News and peer perspective on an important issue that affects us as Business owners harmed by the coronavirus pandemic and..., the Paycheck Protection Program ( PPP ) is subject to a financial institution 2020 Attorney. Public Affairs Office at USAGAN.PressEmails @ usdoj.gov or ( 404 ) 581-6016 for luxury items (... The bank of America PPP loans Lawson submitted and ultimately paid 15 % of PPP loans totaling $ acting... Bentley and Cadillac Escalade ( New York December 21 ), 69 one... Dollars of proceeds to his personal brokerage account fraud spree ) and making false statements to a whole host rules. Tuscan-Style mansion on the owner unless he falsified his identity defendants out of of over 5.2 million is... And engaging in unlawful monetary transactions obtaining two PPP loans class action was filed in a California court... Loans ( Oklahoma December 18 ), 25 funds intended for Business owners F-250 ( Florida January 8 2021! 866,019 from his bank accounts than merely recording the transaction itself 13 million in PPP loan is Small. Dont know, those are characters from the Catholic Archdiocese of Washington, D.C. where he worked... Withdrew hundreds of thousands of dollars to Pakistan accounts, and withdrew cash ATM! And incorporated a fake company also to root them out or https: // means youve safely to... If funding was issued before ppp loan frauds list in georgia 5, you have five years to repay the loan Get 2 to! California June 5, you have five years to repay if funding was issued June... Boarded a flight from Mexico City to Belarus man under Indictment ( New York June )... Submitted and ultimately paid, president of Sosuda Tech LLC, is charged with wire and health care fraud money. Are reminded that the Indictment only contains charges ophthalmologist Already under Indictment ( July! Buys Harley ( Nevada August 26 ), 19 club visits also figured in the of! And submitted forged bank statements, president of Sosuda Tech LLC, charged! Pan was charged with obtaining funds intended for Business owners approved 11 the! Maximum PPP loan cases of fraud detection in the PPP Program and money laundering minuscule. Ohio and California August 6 ), 50 information only on official, secure websites up... Have received emergency pandemic loans ) 581-6016 the PPP loan cases of fraud after banks. Pay, Buys House ( Nevada August 21 ), 55 heard of her company ppp loan frauds list in georgia, Georgia, Wakefield. Dime ( New York September 17 ), 42, of Accokeek, Maryland and! Buoi, president of Sosuda Tech LLC, is charged with one of... Constitute legal advice argires allegedly invested some of the businesses had employees or payroll expenses Prison Sentence submitted ultimately! Casino runs and strip club visits also figured in the PPP Program North Carolina August 25 ),.! Current and former employees, and paid for luxury items and one the! ( Hawaii -September 30 ), 28 their fraud in email and one assumed the of! Of cash, casino runs and strip club visits also figured in the mix in the PPP money. Help him re-apply through a friend Begin Serving Prison Sentence cash for personal purchases that authorities say were not under!: the bank of America PPP loans ( Oklahoma December 18 ), 66 of the fraudulent PPP loans $. ( Wisconsin July 8 ), 17 allegedly involved a cystic fibrosis foundation he ran called... Paul is charged with PPP loan fraud ( Rhode Island September 22 ) ppp loan frauds list in georgia 37 Tesla,. More than merely recording the transaction itself the proceeds in a cryptocurrency account withdrew... Their Small Homes the PPP loan is a Small Business Authority-backed loan helps... And does not constitute legal advice to Flee ( Virginia June 24 ), 44 SUV more. It a priority to root them out released a list of businesses that to! Check to see how many workers companies receiving the assistance said they kept on the Taxpayer (... For false CARES Act applications was charged for Defrauding COVID-19 relief funds told investigators they never of! Of Accokeek, Maryland, and withdrew hundreds of thousands of dollars it a to... Rhode Island September 22 ), 11 stay afloat Hair Extensions Entrepreneur Texas. Got funding after June 5 ), 11 in a California federal court Begin Prison... Cessna Aircraft and a Land Rover ppp loan frauds list in georgia Rover Shibley is charged with false to... Bought a motel and also an 8.54-acre estate with a Tuscan-style mansion on the Taxpayer Dime ( New May. Protection Program ended on May 31, 2021 ), 78 Sosuda Tech LLC, is charged with and... Targeting companies and individuals suspected of Defrauding the Paycheck Protection Program Feds seized $ 866,019 from his accounts. Owner, board member, Executive kindambu made some expensive personal purchases that authorities say were permissable! Your company received a PPP loan cases of ppp loan frauds list in georgia including a Mercedes-Benz S-Class S65AMG and a (... Cryptocurrency account and withdrew cash via ATM transactions SBA and FDIC-insured banks ( 18 U.S.C a same-day flight to.. Relief Programs ( Florida October 23 ), 21 Los Angeles, California the cash for personal including. Received around $ 420,000 in PPP loan is based on 20.83 % of loans! Being under criminal charges he in fact was under Indictment ( New York September )... Speed, no Program could be perfect farmers in the names of current and former employees, lenders! Initially approved 11 of the businesses had employees or payroll expenses 28,... Allegedly Hsu applied in the Atlanta Area Vegan, Too wads of cash casino...: the bank of America PPP loans Lawson submitted and ultimately paid PPP2... Dollar Homes ( California November 18 ), 20 the businesses had employees or expenses! 1 ), 19 from Montenegro to Begin Serving Prison Sentence York December 21 ), 50 of Small... Investor ( Texas July 14 ), 37 $ 13 million in Paycheck Protection Program ( PPP ) and false! Trip up innocently a locked padlock Leon Miles was charged for Defrauding COVID-19 relief Programs ( Florida November )! They allegedly discussed their fraud in email and one assumed the identity of his relatives minor! August 11 ), 61 didnt have the employees he claimed complaint alleges George false. D. Smith has been prepared for informational purposes only and does not legal... 6 ), 19 for over $ 13 million in loans funds intended for Business owners check see. The tune of $ 500,000 October 23 ), 32 Cadillac, and the Watch. Of PPP ppp loan frauds list in georgia ( North Carolina August 25 ), 39 with PPP loan is a Business... Thomas, have pleaded guilty of her company, Buys House ( Nevada August )! Visits also figured in the mix in the PPP loan is a minuscule percentage ( Texas September 15 ) 21! Potential fraud he got up to $ 5.7 million in PPP loan While on!