Omar Smith was charged with one count of conspiracy to commit bank fraud and wire fraud. The Government alleged that Mr. Belone submitted fraudulent claims for reimbursement to Medicare through his companies R&S Pharmacy Inc, and R&S DME Service, LLC obtaining approximately $2,536,411.00 During the investigation it was revealed that Mr. Belone submitted fraudulent loan applications on behalf of R&S Pharmacy and obtained approximately $22,500.00 in COVID-19 relief funds. On June 24, 2021, Ms. Benton pleaded guilty to mail fraud. The Government alleged Mr. Clark participated in a conspiracy with others that involved submitting fraudulent loan applications seeking a total of $24 million in COVID-19 relief funds. He was sentenced to 24 months in prison. Curtis and Dereen Porch were charged with three counts of wire fraud and one count of theft of government property. Ms. Kasali has pleaded not guilty. On November 1, 2021, Ms. Terry was sentenced to a total term of 51 months in prison, to run consecutively to her prior 65-month sentence. On January 26, 2021, Mr. Magana pleaded guilty and was sentenced to 41 months in prison on April 18, 2022. Peter Peacock Blood was charged with two counts of making false statements on a loan application. Mr. Mancieri has a change of hearing plea scheduled for August 15, 2022. The Government alleged that Mr. Davis submitted fraudulent loan applications and obtained over $1 million in COVID-19 relief funds. Rocco Americo Malanga was charged with wire fraud, bank fraud, and money laundering. On June 16, 2022, Mr. Buoi was sentenced to 39 months in prison. On January 6, 2022, he was sentenced to 33 months in prison. On February 24, 2022, Mr. Bearden was sentenced to 12 months and 1 day in prison. The Government alleged that Mr. Thompson recruited the other defendants to submit fraudulent loan applications on behalf of each of their companies, seeking approximately $3 million total in COVID-19 relief funds. The Paycheck Protection Program (PPP) is part of a massive stimulus package created by Congress known as the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The Government alleged that Ms. Kirkland submitted a fraudulent loan application seeking over $66,000 in COVID-19 relief funds. Attorneys, including the Fraud Section, have resulted in a variety of charges, including wire fraud (18 U.S.C. Brandon Casutt was charged with making false statements to a bank, wire fraud, bank fraud, and money laundering. Rodericque Thompson, Micah Baisden, Travis Crosby, Keith Maloney, Tabronx Smith, and Thomas Wilson were charged with attempt and conspiracy to commit fraud, bank fraud, making false statements to a financial institution, and money laundering. PDF Data as of December 26, 11:59 PM ET Summary - Small Business Administration On March 24, 2022, Ms. Cartwright-Powers was sentenced to 20 months in prison. On November 9, 2021, Mr. Boncimino pleaded guilty to one count of money laundering. On October 8, 2021, Damion McKenzie pleaded guilty, and he was sentenced to 44 months on January 21, 2022. The case was brought in Savannah, Georgia and it is currently pending. Her trial began on December 6, 2021, and on December 8, 2021, a jury found her guilty on all counts. The Government alleged Jones submitted fraudulent loan applications obtaining over $85,000 in COVID-19 relief funds. 100 people have been arrested so far. Eric Shibley was charged with wire fraud, bank fraud, and money laundering. Mr. Brown plead guilty to an information on February 1, 2022. On January 4, 2022, she was sentenced to 41 months in prison. The case was brought in Milwaukee, Wisconsin. The case is currently pending. Darrell Thomas, Andre Gaines, Kahlil Green, Bern Benoit, Carla Jackson, Ricky Dixon, Meghan Thomas, Jesika Blakely, Amanda Christian, Dwan Ashong, and twelve others were charged with conspiracy to commit bank fraud, conspiracy to commit wire fraud, bank fraud, wire fraud, making false statements to a financial institution, and money laundering. Phillip Augustin was charged with wire fraud, bank fraud, attempt and conspiracy to commit wire fraud and bank fraud and obstruction of justice. Frank Hamilton, Michael Jones, Peter An, Edwin Bonilla, Tina Chen, Joseph Greco, Timothy Park, and Kenny Tran were charged with wire fraud conspiracy. Gurgen Israyelyan was charged with 3 counts of theft of government property. The Government alleged that Campbell through Expert Tax Services, and Apex Accounting & Tax Inc., submitted fraudulent loan applications obtaining approximately $100,000 in commission in COVID-19 relief funds. Mr. Stote pleaded guilty on January 3, 2022 and was sentenced to 120 months in prison on May 6, 2022. Shanrika Duhart was charged with conspiracy to defraud the United States. The Government alleged that Mr. Sissoko submitted fraudulent loan applications to obtain over $7.25 million in COVID-19 relief funds, which he then allegedly misappropriated on personal expenses. The Government alleged that Mr. Suber submitted fraudulent loan applications and obtained $350,000 in COVID-19 relief funds. It is also alleged that all defendants are members or associates of the Woo Gang, which is based in Brooklyn. Lee Price was charged with wire fraud, bank fraud, money laundering, and making false statements to a lending institution. An increasing number of fraud schemes have come to light involving loans issued through . The Government alleged that Mr. Kao, a former Government Contractor, submitted fraudulent loan applications seeking approximately $10 million in COVID-19 relief funds. The case was brought in Atlanta, Georgia. Mr. Kasali was sentenced to 70 months in prison on April 7, 2022. List of PPP Loan Fraud Cases. We have gathered and summarized all cases that we are aware of that have been filed anywhere the United States. On May 12, 2021, Mr. Hines was sentenced to 78 months in prison. On March 10, 2022, Garibyan pleaded guilty to both charges and was sentenced to 3 years of probation on July 21, 2022. Chad Schampers was charged with one count of wire fraud and money laundering. On March 16, 2022, Mr. Boncimino was sentenced to 36 months in prison. Mr. Doss pleaded guilty on June 27, 2022, and is scheduled to be sentenced on October 27, 2022. On March 11, 2021, Bern Benoit pleaded guilty to one count of conspiracy to commit bank and wire fraud. Scott Suber was charged with one count of bank fraud. Mr. Malik pleaded guilty on the same day to conspiracy with a five-year maximum sentence, and he is also scheduled to be sentenced on August 8, 2022. Soto pleaded guilty on February 24, 2022, and is scheduled to be sentenced on August 3, 2022. Hunt pleaded guilty on August 31, 2020 and is scheduled to be sentenced on September 21, 2022. Tonye Johnson was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. Mr. Welch pled guilty and was sentenced to 5 years of probation on June 15, 2021. The Government alleged that Nevis, a real estate developer from California, submitted at least 12 fraudulent loan applications and obtained over $1.5 million in COVID-10 relief funds. The Government alleged Woods submitted fraudulent loan applications obtaining approximately $92,000 in COVID-19 relief funds. The Government alleged that Darakhshan conspired with other individuals to file fraudulent loan applications and obtained over $1.3 million in COVID-19 relief funds. The case was brought in Atlanta, Georgia. This site is not affiliated with the SBA or any other governmental body. . On May 17, 2021, Mr. Staveley pleaded guilty to conspiracy to commit bank fraud and failure to appear in court. Deon Levy and Abdul-Azeem Levy were charged with wire fraud and conspiracy to commit wire fraud. The Government alleged Hunt submitted fraudulent loan applications obtaining approximately $396,875.00. The defendants have pleaded not guilty, and the case is pending. The case was brought in Ft. Lauderdale, Florida. Mr. The PPP provides businesses with forgivable loans to pay for temporary payroll costs and certain other business expenses including mortgages, rent, and utilities. Mr. Etwaru pleaded guilty and was sentenced to 2 years probation on August 19, 2021. Rosado pleaded guilty and was sentenced to 37 months on December 3, 2021. The case was brought in Los Angeles, California. Bluevine, one of the fintechs in this group, processed over $4.5 billion in PPP loans for at least 155,000 businesses, a letter from its CEO says. Charmaine Redding was also charged separately and pleaded guilty to one count of conspiracy to commit fraud. This case was brought in Albany, New York. The case was brought in Miami, Florida. Mr. Charno was sentenced to 24 months in prison on May 23, 202. Debra Hackstadt was charged with wire fraud. He is scheduled for sentencing on September 2, 2022. The case was brought in Dayton, Ohio. The case was brought in Denver, Colorado. Samuel Davis was charged with bank fraud and money laundering. The case was brought in Sherman, Texas. "The two operating components of the [SBA-OIG] are the Auditing Division and the Investigations Division. The case was brought in Seattle, Washington. Ms. Misseldine also allegedly used the funds to purchase a home in Utah and Michigan, totaling almost $1 million for both homes. She was sentenced to 41 months in prison. If you have questions or concerns and would like to speak with an attorney in confidence, we urge you to call us promptly at 888-680-1745 or . Report it to the Small Business Administrations with just a few clicks. The case was brought in Chicago, Illinois. Jorge Abramovs was charged with bank fraud, false statement to a financial institution, and monetary transactions in criminally derived property. The U.S. Small Business Administration's watchdog has been asked to investigate Potomac Radio, owner of WCRW, after receiving more than $100,000 through the Paycheck Protection Program (PPP). This case was brought in Portland, Oregon. Mr. Stewart pleaded guilty on September 25, 2020, and his sentencing date is to be determined. Mr. The Government alleged that Christopher and Erin Mazzei submitted fraudulent loan applications and obtained over $1.3 million in COVID-19 relief funds. The case was brought in Atlanta, Georgia. Chandra Norton was charged with one count of conspiracy to commit fraud. He was sentenced to 12 months in prison. The case was brought in Statesboro, Georgia. Contact the PPP Loan Fraud Defense Lawyers at Oberheiden P.C. The Government alleged that Ms. Norton submitted fraudulent loan applications seeking over $7.7 million in COVID-19 relief funds. The Government alleged Ms. Walker participated in a conspiracy with others that involved submitting fraudulent loan applications seeking a total of $24 million in COVID-19 relief funds. Mr. Olivetti pleaded guilty on December 13, 2021, and is scheduled for a pre-sentence conference on August 30, 2022. DOJ Targeting PPP Fraud - The National Law Review David Staveley and David Butziger were charged with conspiracy to commit bank fraud, conspiracy to make false statement to the SBA, conspiracy to commit bank fraud, and bank fraud. 1d ago. Carlos Belone was charged with conspiracy to commit health care fraud, and false statements to a financial institute. Thomas Smith was charged with bank fraud and money laundering. The case was brought in Baltimore, Maryland. The case was brought in Milwaukee, Wisconsin. Antonio Hosey was charged with conspiracy to defraud the United States. Andre McBreairty was charged with false statements. On December 14, 2021, Tranesha Quarterman pleaded guilty, and was sentenced to 17 months in prison on May 12, 2022. The Government alleged that Ms. Hart, a former Deputy Sheriff, made a false statement to the SBA in her PPP application. The case was brought in Washington, D.C. Dr. Joseph has pleaded not guilty. Robert Hamilton was charged with bank fraud and money laundering. Mr. Robinson pleaded not guilty on December 18, 2020, and his trial is scheduled for August 8, 2022. Zhang pleaded guilty and was sentenced to 60 days in prison on May 7, 2021. The Government alleged that Smith submitted fraudulent loan applications through her business obtaining approximately $426,000. He was sentenced to 78 months in prison on March 30, 2022. Contact: newsroom@ci.irs.gov. She was found not guilty of bank fraud. COVID relief PPP fraud probe includes over 50 employees in Cook County The Government alleged that Mr. Tran submitted fraudulent loan applications seeking $8 million in COVID-19 relief funds. Ms. Williams pleaded guilty. Ms. Kirkland pleaded guilty and was sentenced to 33 months in prison. Lakisha Swope and Treisha Pearson were charged with conspiracy to defraud the United States, bank fraud, wire fraud, and money laundering. Se Habla Espaol, 101 Marietta Street NWSuite 3300Atlanta, GA 30303(404) 223-3310, 2022 by The Church Law Firm LLC. Christopher Mazzei and Erin Mazzei were charged with conspiracy to commit wire fraud, conspiracy to launder money and money laundering. The Government also alleged that Mr. Carter spent more than $21,000 of the loan funds at a car company for repairs and detailing. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are . The case was brought in Newark, New Jersey. The Government alleged Mr. Stewart submitted fraudulent loan application through The Infinity Group of SC, LLC to obtain approximately $300,000.00 in COVID-19 relief funds. This case was brought in Baton Rouge, Louisiana. He was sentenced to 63 months in prison. Ava Misseldine was charged with passport fraud, social security number fraud, aggravated identity theft and fraud in connection with major disaster or emergency benefits. Mr. Lewis pleaded guilty to all counts. The Government alleged that Hackstadt submitted fraudulent loan applications and obtained over $250,000 in COVID-19 relief funds. Mr. Smith pleaded guilty on July 8, 2022, and his sentencing hearing is scheduled for October 21, 2022. The case was brought in Washington, D.C. On March 2, 2022, Mr. Gaughan pleaded guilty to wire fraud in one case and engaging in monetary transactions in the other case. Marcus Frazier was charged with major fraud against the United States, making false statements on a loan application, making false statements to the Government, making false statements to the Small Business Administration, money laundering, wire fraud, and bank fraud. David Hines was charged with wire fraud, making false statements to a lending institution, bank fraud, and money laundering. The case was brought in Atlanta, Georgia. The case was brought in Newport News, Virginia. It is also alleged that Ms. Ortiz opened 10 bank accounts to steal over $600,000 in COVID-19 relief funds and launder the funds to her co-conspirator. On September 14, 2021, he was sentenced to 32 months in prison. Mr. Hayes pleaded guilty. Mr. Choi has a change of plea hearing that has not been scheduled at this time. Karen Chapon was charged with bank fraud, false statement to a financial institution, and unlawful monetary transaction. Her sentencing is scheduled for January 12, 2022. Robert Benlevi was charged with bank fraud, making false statements to a financial institution, and money laundering. Samuel Yates was charged with fraud by wire, radio, or television. This case was brought in Greenville, South Carolina. The Kwaks have pleaded not guilty, and the case is pending. Lawal pleaded guilty to one count of conspiracy to commit wire fraud in November 2021, and Raji pleaded guilty to conspiracy to commit access device fraud, access device fraud, and aggravated identity theft on March 9, 2022. The Government alleged that Mr. Davis submitted fraudulent loan applications for business entities Skilled Trade Investments, LP, Skilled Trade Staffing, LLC and Skilled Trade Investments GP, LLC obtaining approximately $3,346,813.00 in COVID-19 relief funds. The Government alleged that Schoepflin and Leon filed fraudulent loan applications seeking over $300,000 in COVID-19 relief funds. The Government alleged that Mr. Goldstein submitted fraudulent loan applications and obtained over $655,000 in COVID-19 relief funds. Latoya Stanley and her partner, Johnny Philus were both charged with conspiracy to commit wire fraud. Former Police Officer Sentenced For Money Laundering. The case was brought in Buffalo, New York. The Government alleged that Mr. Price submitted fraudulent loan applications seeking $1.6 million in COVID-19 relief funds. Myrna Ortiz was charged with conspiracy to commit money laundering and over 30 counts of conversion of government funds. Mr. Rai pleaded guilty to one count of false statements to a financial institution on February 9, 2021. Find data and reports related to the Paycheck Protection Program (PPP). His sentencing is scheduled for December 15, 2021. The case was brought in Atlanta, Georgia. Blood has pleaded not guilty, and his trial is set for August 16, 2022. The Government also alleged that Jalloul would charge the clients a 2-20% commission on the loans they received. The case was brought in Newark, New Jersey and it is currently pending. Mr. Kanyike has pleaded guilty. Antonio George, Kevin Womble, Andrae Sims, and Sarah Vidal were charged with one count of wire fraud. Petty pleaded guilty on November 10, 2020. There are, of course, many other CARES Act fraud investigations currently pending that may later result in criminal charges. She was sentenced to 2 years of probation on February 28, 2022. Her trial is scheduled for July 28, 2022. The Government alleged that Mr. Casutt submitted fraudulent loan applications and obtained $500,000 in COVID-19 relief funds. Scott Davis was charged with wire fraud and engaging in a monetary transaction with criminally derived property. Mr. Tolliver pleaded not guilty at his arraignment in November 2021 and his trial is currently scheduled for December 19, 2022. Mr. Hsu pleaded guilty to one count of wire fraud. Please cite ProPublica by linking to this page. Hashim Campbell was charged with conspiracy to commit wire fraud and bank fraud. Maurice Kamgaing was charged with wire fraud in relation to a major disaster or emergency benefit, making false statements to a bank, and money laundering. Oumar Sissoko was charged with four counts of wire fraud. The case was brought in Raleigh, North Carolina. Here's a list of the PPP loan prosecutions to date: 1. Our firm helps people who are being charged or investigated for alleged fraud in applying for or taking out PPP and EIDL loans funded by the CARES Act. The case was brought in Los Angeles. More than 15% of PPP loans had at least one indication of potential fraud. Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. The Government alleged that Mr. McKenzie and Ms. Bostic participated in a conspiracy with others that involved submitting fraudulent loan applications seeking a total of $24 million in COVID-19 relief funds. The Government alleged that Mr. Magana submitted fraudulent loan applications seeking over $2 million in COVID-19 relief funds, obtained over $1 million. The case was brought in Cleveland, Ohio. The Government alleged that Mr. Schampers filed one fraudulent loan application seeking almost $300,000 in COVID-19 relief funds. Michael Moller was charged with bank fraud and making false statements to the SBA. The case was brought in Tucson, Arizona. The case was brought in Buffalo, New York, and it is currently pending. Mr. Mohan pleaded guilty to wire fraud and money laundering. The Government alleged that Mr. Brenizer submitted fraudulent loan applications and obtained $841, 000 in COVID-19 relief funds. The Government alleged that Mr. Blotnick submitted fraudulent loan applications seeking $4.6 million COVID-19 relief funds and transferring that money to his brokerage accounts to buy stock. Mr. Hayes was held accountable for obtaining over $240,000. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole Proprietorship 11.5M. Nicholas Jones was charged with wire fraud and falsification of records. All rights reserved. Levelle Harris was charged with 14 counts of wire fraud. Red Flags: The First Year of COVID-19 Loan Fraud Cases - POGO Mr. Moller has a prior conviction for fraud. Shaquandra Woods, Courtney Gilchrist, and Kenneth Jackson were charged with conspiracy to commit wire fraud, false statements on loan applications, and false documents. Wahid Mohamed Makki was charged with wire fraud and money laundering. He is scheduled to be sentenced on August 8, 2022. The Government alleged that Mr. McCants, along with 21 other individuals, conspired to submit fraudulent loan applications seeking over $3.8 million in COVID-19 relief funds. All rights reserved. Izzat Freitekh and Tarik Freitekh were charged with conspiracy to commit wire fraud, bank fraud scheme, money laundering, and other related charges. The Government alleged that Mr. On October 27, 2020, Mr. Moller pleaded guilty to one count of bank fraud. The case was brought in Los Angeles, California. This case was brought in Las Vegas, Nevada. The Government alleged that the defendants conspired to steal approximately $4.3 million dollars in unemployment insurance benefits funded by COVID-19 relief programs. Woods pleaded guilty and was sentenced to 6 months in prison on July 15, 2021. Denesseria Slaton was charged separately and has pleaded guilty to one count of conspiracy to commit fraud. Ms. Chapon has pleaded not guilty, and her trial is scheduled for August 8, 2022. The Government alleged that Lawal and Raji submitted fraudulent loan applications seeking over $900,000 in COVID-19 relief funds. On August 10, 2021, Mr. Hsu was sentenced to 24 months in prison. Christopher Licata was charged with conspiracy to commit health care fraud, health care fraud, conspiracy to defraud the United Sates, and several other charges. The case was brought in Newark, New Jersey. The case was brought in Honolulu, Hawaii. Anthony Boncimino was charged with four counts of bank fraud, four counts of money laundering, and six counts of making false statements. The case was brought in Dallas, Texas. Romean Brown, Tyrek Clarke, Kenneth Desir, Stephan Dorminvil, Kai Heyward, Keith James, Christopher Jean-Pierre, Oneal Marks, Jahriah Olivierre, Roleeke Smith, and Christopher Topey were charged with conspiracy to commit access device fraud and aggravated identity theft. The White House on Thursday called for a "thorough and complete" investigation into reports that hundreds of young girls attending primary school in Iran have been affected by symptoms associated with toxic gas poisoning. The Government alleged that Cisternino submitted fraudulent loan applications seeking over $7.2 million in COVID-19 relief funds. Mr. Staveley has also been charged separately with aggravated identity theft and failing to appear in court when required. Mack Devon Knight was charged with two counts of wire fraud, one count of making a false statement, one count of making a false statement on a loan application, and one count of money laundering. We update this list weekly with any new cases filed and/or key developments in cases already pending. Michael Bischoff was charged with one count of bank fraud. Mr. Johnson was held accountable for fraudulently obtaining a loan of $389,627. Arena submitted fraudulent loan application for ADA Auto Group LLC obtaining approximately $954,000 in COVID-19 relief funds. 1343) and making false statements . Luke Pierre, Jr. was charged with one count of conspiracy to commit wire fraud. Mr. PDF President and Chief Executive Officer Cross River Bank 400 Kelby St The case was brought in Orlando, Florida, and his trial is currently scheduled for August 1, 2022. Francis Joseph was charged with theft in connection with healthcare, theft of government funds, wire fraud, and making a false statement in connection with a bankruptcy proceeding. Mr. Hamilton pleaded guilty to one count of bank fraud. The case was brought in Seattle, Washington. White House Calls for Transparent Investigations After - news.yahoo.com Lola Kasali was charged with making false statements to a financial institution and bank fraud. PPP Loans Investigations - PPP red flags | Suncrest Financial Services The case was brought in Miami, Florida. The Government alleged that Mr. Cotton submitted fraudulent loan applications seeking over $312,000 in COVID-19 relief funds. This case was brought in Aberdeen, Mississippi. The Government alleged that Ms. Miller used other peoples personal identifying information to open bank accounts and submit fraudulent loan applications for over $900,000 in COVID-19 relief funds. Paycheck Protection Program | U.S. Department of the Treasury The case was brought in Detroit, Michigan. Rodriquez Redding was charged with one count of wire fraud. April Falgoust was charged with one count of wire fraud. Mr. Smith pleaded guilty to one count of bank fraud. Amir Aqeel, Siddiq Azeemuddin, Rifat Bajwa, Pardeep Basra, Mayer Misak, Mauricio Navia, Richard Reuth, and Raheel Malik were charged with conspiracy to commit wire fraud, wire fraud, and money laundering. 3,264,095 Mr. Hines pleaded guilty to wire fraud. The Government alleged that Mr. Okojie submitted at least 8 fraudulent loan applications for companies that did not exist seeking millions in COVID-19 relief funds. The Government alleged that Mathews submitted 38 fraudulent loan applications obtaining over $1 million in COVID-19 relief funds. The case was brought in Ft Lauderdale, Florida. The case was brought in Los Angeles, California. Chanchikyan has pleaded not guilty, and his trial is scheduled for October 4, 2022. Which Federal Agencies Investigate PPP Loan Fraud? Mr. Crosby is scheduled to go to trial on September 20, 2022. Kabbage, which processed over $7 billion in PPP . A separate investigation by the nonpartisan Project on The case was brought in Boston, Massachusetts. The case was brought in Augusta, Georgia. Leonel Rivero was charged with wire fraud. In the New York case, Mr. Sadleir pleaded guilty on January 19, 2022 and his sentencing hearing is to be determined. PPP loans and fraud - the red flags that could have been spotted Amanda DuPont September 09, 2021 6 min Approximately $800 billion went out in the CARES Act's Paycheck Protection Program (PPP), providing nearly 12 million loans between April 2020 and May 2021 to U.S. businesses. The case is brought in Atlanta, Georgia. Mr. Yates pleaded guilty on May 6, 2022, and sentencing has not been scheduled. Vidal is scheduled for sentencing on July 19, 2022, George is scheduled for sentencing on August 16, 2022, Womble is scheduled for sentencing on August 23, 2022, and Sims is scheduled for sentencing on August 29, 2022. On June 2, 2021, Mr. Smith was sentenced to 57 months in prison. reports related to PPP loans with the Financial Crimes Enforcement Network. Didier Kindambu was charged with multiple counts of bank fraud, money laundering, and making false statements. The case was brought in in Portland, Oregon and it is currently pending. Anuli Okeke was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, bank fraud, and money laundering conspiracy. The Government alleged that, while she was out on bond in a pre-existing healthcare fraud case, Ms. Terry submitted fraudulent loan applications to obtain $290,000 in COVID-19 relief funds. On May 19, 2021, Mr. Shah pleaded guilty to one count of wire fraud. Stanley Dorceus was charged with conspiracy to defraud the United Sates. The case was brought in Wilmington, Delaware. On June 21, 2021, Arman Hayrapetyan pleaded guilty to one count of money laundering conspiracy. On June 16, 2021, Mr. Stewart was sentenced to 21 months on each count, to run concurrently. On October 13, 2021, he was sentenced to 18 months in prison. Steven Goldstein was charged with fraud in connection with major disaster benefits. On December 9, 2020, Mr. Suber pleaded guilty to an information. The Government alleged that Mr. Olugbuyi submitted fraudulent loan applications seeking $400,000 in COVID-19 relief funds. Grigor Garibyan was charged with two counts of theft of government property. Damion McKenzie and Keyaira Bostic were charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud.
ppp loan investigation list