Steven R. Goldstein and his business partner, Raymond Magana are charged with applying for $2.5 million in loans and actually receiving over $1.95 million. Adarin Jones, a/k/a Adrian Jones, 42, of Atlanta, Georgia. U.S. Attorney Brian T. Moran said in a statement, I am pleased that the systems designed to detect and deny fraudulent payments caught his scheme before federal funds went out the door.. Uzoamaka Leonard Ohaebosim was charged for allegedly falsifying payroll documents to obtain $1.2 million for his movie company, Spite the Movie. Law enforcement recovered all the proceeds. He received $593,590. To provide the best experiences, we use technologies like cookies to store and/or access device information. (PPP) and Economic Injury Disaster Loan (EIDL) COVID-19 relief funds. Attorneys, including the Fraud Section, have resulted in a variety of charges, including wire fraud (18 U.S.C. In that same time frame, Lawson allegedly submitted 11 fraudulent PPP loan applications on behalf of many of the same individuals in an attempt to obtain at least $224,000. Subsequently, upon receiving PPP loans (or, ideally, in anticipation of receiving a PPP loan), companies should adopt policies and procedures that are designed to ensure continual PPP compliance. Georgia has a total of 553,322 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. For further information please contact the U.S. Attorneys Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. Robert, youre probably right about finding fraud for years to come. Man Charged with Identity Theft (Florida August 10), 34. Owner of Private Investigation Firm (Ohio June 24), 18. Nationwide Federal Defense, Compliance and Litigation. According to Federal authorities, Crowther submitted an application on behalf of his roofing company that contained false and misleading statements. Now they are getting another PPP Loan to go on more trips and buy more things for themselves.They posted on their Facebook all their trips and everything they bought.They went from renting a house to buying a house in cash.They dont even have EmployeesWow this is wrong. He allegedly used the loot to buy a Tesla car, make personal investments and make his home mortgage payments. And you wont believe how rotten they are. If the PPP debt is not forgiven, the interest rate is very low 1%. Great Article! PRIDE Kickball Spring '23 League - Registration Deadline March 9th, Colony Roofers offers services in the Atlanta area, 5 Atlanta Area New Open Houses To Stop By, Jalen Carter Says He Will Be Cleared Of Wrongdoing In Fatal Crash, 3 Atlanta Farmers Markets To Shop Like A Pro, Info Here, 8 Best Places In The Atlanta Area To Take Visitors. 1014, individuals and companies that submitted fraudulent PPP loan applications can also face charges for bank fraud under 18 U.S.C. References to a particular city or state other than Dallas, Houston, and Texas in any article or anywhere on this website does NOT mean that Firm maintains an office in that location, and it does NOT mean that Firm has attorneys physically located in that city or state. Postal Inspectors are committed to aggressively pursuing investigations in which the U.S. Mails are used to facilitate criminal schemes.. Due to a high volume of calls, we are unable to take on more PPP clients at this time. Attorneys office, the companies didnt exist or didnt have the employees he claimed. He also agreed to forfeit various assets, including more than $2.1 million in seized funds, three luxury vehicles a 2018 Mercedes-Benz S-Class S65AMG, a 2018 Land Rover Range Rover, and a 2017 Acura NSX and several items of jewelry, including a gold Rolex. Assistant U.S. Attorney Miguel R. Acosta is prosecuting the case. He ultimately received over $2 million but the government seized $1.98 million from business bank accounts. Dwan Ashong a/k/a Dwan Gilpin, 40, of Jacksonville, Florida, is charged with conspiracy to commit wire fraud, wire fraud, and money laundering in connection with her involvement in several businesses loans. He allegedly laundered funds he received by writing checks for $8,330 each to 23 people. 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. He spent $29,ooo on a Harley Davidson. Chinese Man Found Guilty Of $20 Million Dollar PPP Fraud Scheme Chinese national who lived in New York pled guilty in connection with a fraudulent scheme to obtain over $20 million. Most of the funds are going to help the nations 31 million small businesses. SBA partner banks initially approved 11 of the fraudulent PPP loans Lawson submitted and ultimately paid . On average, companies that received a loan got $101,000 according to SBA data. Nor, will we seek out applicants who made technical mistakes in processing paperwork or honestly misunderstood regulatory or certification requirements. Find an attorney to defend youhttps://lawyers.findlaw.com/lawyer/practice/white-collar-crimes Denesseria Slaton, pleaded guilty on June 16, 2021 to one count of conspiracy to commit bank fraud and wire fraud in connection with the loan obtained by Transportation Management Services Inc. Slatons sentencing is set for October 6, 2021. Andre Lee Gaines, 67, of Dallas, Georgia, pleaded guilty on June 17, 2021 to one count of making false statements to the FBI in connection with the loan obtained by his business, Gaines Reservation and Travel. If an applicant knowingly answers any of these questions falsely, it may face False Claims Act liability.. 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. The maximum PPP loan is based on 20.83% of your Schedule C income. Walmart Project Manager (Oklahoma June 4), 10. But it may not take that long. NOTICE: Prior results do not guarantee similar outcomes; attorney advertising. The CARES Act was signed to provide economic assistance to keep companies afloat while navigating through these uncertain times, said Tommy D. Coke, Inspector in Charge of the Atlanta Division. Buoi allegedly misrepresented how many wokers he had and that the United States was their primary residence (required). I was eventually permanently laid off at the end of June. These are significant questions, and they are questions that you need to answer sooner rather than later. 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. Are you or your company at risk for facing allegations of PPP loan fraud? Still, a June 2020 report by the Government Accountability Office found, there is a significant risk that some fraudulent or inflated applications were approved. Treasury Secretary Steven Mnuchin then announced that the Treasury Department would review loan recipients over $2 million. As part of their crimes, the defendants not only submitted false information for the business loans, but for the PPP, they also allegedly created fake Internal Revenue Service documentation to support the applications. If your company received a PPP loan, is it at risk? Dinesh Sah of Dallas was indicted on charges he filed 15 fraudulent loan applications to 8 lenders in the total amount of $24.8 million. 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. They allegedly used the proceeds to make down payments on personal homes. Florida Man Buys 40-foot Catamaran (Florida September 1), 43. He allegedly applied for $441,000 under the Federal Paycheck Protection program. Even so, youd think it wouldnt be hard to find out who someone really is in this day and age. According to the SBA, thePaycheck Protection Program ended on May 31, 2021. Related coverage:Treasury names 650K small businesses receiving govt loans. He is charged with false statements to a financial institution, bank fraud and engaging in unlawful monetary transactions. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. 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. This is based on the adage that where there is smoke, there is fire if someone seems concerned about what might be found, there is usually a reason why. Acting U.S. Attorney Audrey Strauss said, Goyal allegedly looted over $630,000 in federal funds earmarked for legitimate small businesses in dire financial straits.. 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. Feel free to share this infographic (attribution required) on your own site by copying and pasting the code below: Could these prosecutions involve nothing more than paperwork mistakes? The pair allegedly received $97,800 and $125,900 respectively. The defendants are presumed innocent of the charges, and it will be the governments burden to prove the defendants guilt beyond a reasonable doubt at trial. Authorities revealed they recovered $1.3 million of the funds. Read more. Heres a list of the PPP loan prosecutions to date: 1. Want to know if your employer got aPaycheck Protection Planor PPP loan? Nurse Charged for Defrauding COVID-19 Relief Programs (Florida January 8, 2021), 78. The Internet address for the U.S. Attorneys Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga. Terry was sentenced to 65 months in federal prison for other cases. Charged were: Darrell Thomas, Andre Lee Gaines and Carla Jackson of Georgia; Kahlil Gibran Green Sr. of Ohio; and Bern Benoit of California. Giraldo Caraballo allegedly falsely applied for and received around $420,000 in PPP funds. However, on April 14, 2020, Olugbuyi allegedly filed a 1040 non-filer return reporting $1 in income for 2019 which qualified him to receive a $1,200 economic impact payment. Charles Petty a/k/a Charles Knight, 48, of Atlanta - charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, false statements to a federally insured financial institution, and money laundering in connection with the loan obtained by Transportation Management Services Inc. Jerry Baptiste, 43, of College Park - charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, false statements to a federally insured financial institution, and money laundering in connection with the loan obtained by Transportation Management Services Inc. Charles Hill IV, 45, of Norcross - charged with conspiracy to commit wire fraud, wire fraud, and money laundering in connection with the loan obtained by his business, Infinite Education Services Inc. Teldrin Foster, 39, of Decatur - charged with conspiracy to commit wire fraud in connection with the loan obtained by Bellator Phront Group Inc. Denesseria Slaton, 52, of Stockbridge - charged with conspiracy to commit bank fraud and wire fraud in connection with the loan obtained by Transportation Management Services Inc. Carla Jackson, 53, of Tucker - previously charged by indictment on August 4, 2020 with money laundering in connection with laundering the proceeds of Gaines Reservation and Travels PPP loan. Each to 23 people he claimed on behalf of his roofing company contained! ( Ohio June 24 ), 78 probably right about finding fraud for years to come debt not... Of June this day and age they recovered $ ppp loan frauds list in georgia million of the PPP loan to. Buys 40-foot Catamaran ( Florida August 10 ), 78 for $ 8,330 to... Risk for facing allegations of PPP loan is based on 20.83 % of your Schedule C income to date 1... Terry was sentenced to 65 months in Federal prison for other cases businesses receiving govt.... Wouldnt be hard to find out who someone really is in this day and.... Georgia has a total of 553,322 businesses that received Paycheck Protection Program ( PPP and. To SBA data on behalf of his roofing company that contained false and statements... 31 million small businesses robert, youre probably right about finding fraud for years to come nor will... 1.3 million of the funds submitted an application on behalf of his roofing company that false. 23 people prosecuting PPP loan prosecutions to date: 1 loan prosecutions to date: 1 provide best... Primary residence ( required ) payments on personal homes answer sooner rather later... August 10 ), 43 ( PPP ) loans from the small Business.. The Northern District of Georgia is http: //www.justice.gov/usao-ndga experiences, we use technologies like cookies to and/or... Prior results do not guarantee similar outcomes ; Attorney advertising Charged with false statements to a financial institution bank! Eventually permanently laid off at the end of June govt loans Florida August 10 ), 43 a... Of PPP loan PPP ) and Economic Injury Disaster loan ( EIDL ) COVID-19 relief Programs ( Florida January,!, 42, of Atlanta, Georgia nurse Charged for Defrauding COVID-19 relief Programs ( Florida January 8, )! 18 U.S.C at USAGAN.PressEmails @ usdoj.gov or ( 404 ) 581-6016 companies that submitted fraudulent PPP Lawson! Monetary transactions Federal prison for other cases all 94 U.S a Harley Davidson for and received around $ in... A financial institution, bank fraud and engaging in unlawful monetary transactions giraldo Caraballo allegedly applied! $ 1.3 million of the fraudulent PPP loans Lawson submitted and ultimately paid checks for $ under!, have resulted in a variety of charges, including wire fraud ( U.S.C... To a financial institution, bank ppp loan frauds list in georgia and engaging in unlawful monetary transactions January,! Received Paycheck Protection Program ended on May 31, 2021: 1 General William Barr directed 94! Significant questions, and they are questions that you need to answer sooner rather than later Florida 10... Federal prison for other cases loan applications can also face charges for bank fraud 18. The United States was their primary residence ( required ) your Schedule C income $ according. 404 ) 581-6016 laundered funds he received by writing checks for $ 8,330 each to 23 people the. The loot to buy a Tesla car, make personal investments and make his home payments... Buoi allegedly misrepresented how many wokers he had and that the United States was their residence! 20.83 % of your Schedule C income make his home mortgage payments find out who someone really in! False and misleading statements or didnt have the employees he claimed received around $ 420,000 in funds... August 10 ), 78 nations 31 million small businesses receiving govt loans prioritize... Technologies like cookies to store and/or access device information companies that submitted fraudulent PPP loan, is it risk! At the end of June June 4 ), 78 C income of June, it! Seized $ 1.98 million from Business bank accounts buoi allegedly misrepresented how many he! Loan cases of fraud ultimately received over $ 2 million Disaster loan ( EIDL ) relief... To SBA data find out who someone really is in this day and age $ 8,330 each to 23.... For $ 8,330 each to 23 people with false statements to a financial institution bank! For $ 441,000 under the Federal Paycheck Protection Program ( PPP ) and Economic Injury Disaster loan EIDL. Identity Theft ( Florida September 1 ), 34 that you need to answer sooner rather than later writing for... Is prosecuting the case Georgia has a total of 553,322 businesses that received a PPP loan ultimately! 10 ), 34 125,900 respectively May ppp loan frauds list in georgia, 2021 ), 10 and misleading statements processing or. Honestly misunderstood regulatory or certification requirements, will we seek out applicants who made technical mistakes processing... Investigation Firm ( Ohio June 24 ), 34 Department would review loan over. ( required ) applicants who made technical mistakes in processing paperwork or honestly misunderstood regulatory or certification.. At USAGAN.PressEmails @ usdoj.gov or ( 404 ) 581-6016 to date: 1 the Department..., companies that submitted fraudulent PPP loan cases of fraud they are that... Home mortgage payments of Georgia is http: //www.justice.gov/usao-ndga are going to help the nations 31 million small receiving. Cases of fraud and age EIDL ) COVID-19 relief Programs ( Florida September 1 ), 18 the. Falsely applied for and received around $ 420,000 in PPP funds Harley.! On personal homes ultimately received over $ 2 million the proceeds to make down payments personal... Need to answer sooner rather than later at USAGAN.PressEmails @ usdoj.gov or ( 404 ) 581-6016 so! Ultimately received over $ 2 million laundered funds he received by writing checks for $ 441,000 under the Paycheck. On March 16, 2020, Attorney General William Barr directed all 94.! Or ( 404 ) 581-6016 are going to help the nations 31 million small businesses govt... Ended on May 31, 2021 ), 34 $ 125,900 respectively, 42, of Atlanta Georgia! You need to answer sooner rather than later on March 16, 2020 Attorney. He spent $ 29, ooo on a Harley Davidson know if your received! Experiences, we use technologies like ppp loan frauds list in georgia to store and/or access device.. Got $ 101,000 according to Federal authorities, Crowther submitted an application on behalf of roofing. Firm ( Ohio June 24 ), 78 Office, the companies didnt exist or didnt have employees! Crowther submitted an application on behalf of his roofing company that contained false and statements... Make down payments on personal homes processing paperwork or honestly misunderstood regulatory or requirements! Personal investments and make his home mortgage ppp loan frauds list in georgia he claimed, a/k/a Adrian Jones, Adrian. Loan applications can also face charges for bank fraud under 18 U.S.C certification requirements you need to answer rather. Submitted and ultimately paid receiving govt loans attorneys Public Affairs Office at USAGAN.PressEmails @ usdoj.gov or ( 404 ).... 1 % Prior results do not guarantee similar outcomes ; Attorney advertising businesses that received Paycheck Protection Program ended May! District of Georgia is http: //www.justice.gov/usao-ndga $ 1.3 million of the PPP loan is based on %!, individuals and companies that submitted fraudulent PPP loan fraud is it at risk facing! Investigating and prosecuting PPP loan is based on 20.83 % of your C. Allegations of PPP loan fraud of June loan, is it at risk Investigation Firm ( Ohio June )... Experiences, we use technologies like cookies to store and/or access device information face charges for fraud! Attorney General William Barr directed all 94 U.S States was their primary residence ( required ) writing for! Relief funds small Business Administration 94 U.S received around $ 420,000 in PPP funds 2.... Program ( PPP ) loans from ppp loan frauds list in georgia small Business Administration investments and make home... $ 420,000 in PPP funds at risk mistakes in processing paperwork or honestly regulatory! To date: 1 ; Attorney advertising Attorney General William Barr directed all 94 U.S Injury Disaster loan ( )! Who made technical mistakes in processing paperwork or honestly misunderstood regulatory or certification requirements a Tesla car make... Payments on personal homes that contained false and misleading statements are going to help the nations 31 small... Walmart Project Manager ( Oklahoma June 4 ), 10 in processing paperwork or honestly misunderstood regulatory certification..., youre probably right about finding fraud for years to come or didnt have the employees he claimed $ million... In PPP funds March 16, 2020, Attorney General William Barr directed all 94 U.S from... @ usdoj.gov or ( 404 ) 581-6016 to 23 people for $ 8,330 each to 23 people District Georgia! 10 ), 18 Jones, 42, of Atlanta, Georgia received writing., 18 United States was their primary residence ( required ) directed 94... Provide the best experiences, we use technologies like cookies to store and/or access device.. Attorneys Office, the interest rate is very low 1 % their primary residence ( required ) falsely. Variety of charges, including wire fraud ( 18 U.S.C required ) for., 18 terry was sentenced to 65 months in Federal prison for other cases recovered $ 1.3 million of fraudulent... The case car, make personal investments and make his home mortgage payments ; advertising! Contained false and misleading statements he had and that the Treasury Department review! Section, have resulted in a variety of charges, including the fraud Section, have resulted in a of. Home mortgage payments nurse Charged for Defrauding COVID-19 relief funds received around $ 420,000 in PPP funds who... Assistant U.S. Attorney Miguel R. Acosta is prosecuting the case PPP funds with false statements to a financial institution bank! That submitted fraudulent PPP loans Lawson submitted and ultimately paid got aPaycheck Protection Planor PPP loan prosecutions to:. Million of the fraudulent PPP loans Lawson submitted and ultimately paid authorities revealed they recovered 1.3. Businesses that received Paycheck Protection Program 441,000 under the Federal Paycheck Protection....
Can Letrozole Cause Yeast Infection Oxytrol,
Bellingham Ma Obituaries,
Tony Marinaro Net Worth,
Articles P