ppp loan investigation list

The Government alleged that Mr. McBreairty inflated his payroll to obtain 3 separate loans and misused over $55,000 in COVID-19 relief funds. The case was brought in Atlanta, Georgia. Shashank Shekhar Rai was charged with wire fraud, bank fraud, false statements to a financial institution, and false statements to small business administration. On December 7, 2020, Mr. Goldstein pleaded guilty. Lee Price was charged with wire fraud, bank fraud, money laundering, and making false statements to a lending institution. On May 17, 2021, Mr. Staveley pleaded guilty to conspiracy to commit bank fraud and failure to appear in court. On September 16, 2021, Mr. Shah was sentenced to 31 months in prison. All the other defendants have pleaded not guilty, and their cases are pending. The Government alleged that Mr. Rai submitted fraudulent loan applications seeking over $10 million in COVID-19 relief funds. Ms. Walker has pleaded guilty. The Government alleged that Mr. Bearden submitted fraudulent loan applications seeking about $60,000 in COVID-19 relief funds. 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. Casey Crowther was charged with multiple counts of bank fraud, making false statements on a loan application, and money laundering. The Government alleged that Mr. Garcia submitted fraudulent loan applications for over $285,000 in COVID-19 relief funds. The case was brought in Savannah, Georgia and it is currently pending. We have helped our clients avoid criminal charges, negotiate fair resolutions, and fight back in court against exaggerated allegations of fraud. 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 Christopher and Erin Mazzei submitted fraudulent loan applications and obtained over $1.3 million in COVID-19 relief funds. Her trial began on December 6, 2021, and on December 8, 2021, a jury found her guilty on all counts. The case was brought in Norfolk, Virginia. On June 14, 2021, Tamara Dadyan pleaded guilty to one count of conspiracy to commit bank fraud and wire fraud, aggravated identity theft, and money laundering conspiracy. Andrew Marnell was charged with several counts of bank fraud and money laundering. Kyle Brenizer was charged with several counts of wire fraud, money laundering, and aggravated identity theft. The case was brought in Harrisburg, Pennsylvania. IR-2021-65, March 25, 2021 The Internal Revenue Service's Criminal Investigation Division (IRS-CI) marks the one-year anniversary of the Coronavirus Aid, . Mr. Hamilton pleaded guilty to one count of bank fraud. The PPP (Paycheck Protection Program) is an emergency disaster loan program administered by the SBA designed to provide funds to small businesses with under 500 employees who were affected by the 2020 Coronavirus epidemic. Ms. VanPelt pleaded guilty on August 18, 2021. The Government alleged that Soto submitted 17 fraudulent loan applications and obtained approximately $246,000 in COVID-19 reliefs funds. Here's a list of the PPP loan prosecutions to date: 1. Benjamin Hayford was charged with bank fraud and four counts of making false statements to a financial institution. Adam Arena was charged with attempt and conspiracy to a commit mail fraud and engaging in monetary transactions. Mr. Santemores pleaded guilty on April 27, 2022, and was sentenced on July 25, 2022 but the terms of his sentence are under seal. The case was brought in Norfolk, Virginia. The case was brought in Atlanta, Georgia. Investigations by the DOJ and U.S. 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. The case was brought in Atlanta, Georgia. The case was brought in Miami, Florida. According to analysis by Bloomberg, while FinTechs processed just 15 percent of PPP loans overall, they are associated with 75 percent of the approved PPP loans that the Department of Justice 3(DOJ) connected with fraud. The Government alleged that Mr. Gautreaux submitted fraudulent loan applications seeking over $13 million in COVID-19 relief funds. Mr. Tran pleaded guilty on June 30, 2022, to two counts of wire fraud and is scheduled for sentencing on November 3, 2022. The case was brought in Milwaukee, Wisconsin. The Government alleged that Mr. McGee, along with 21 other individuals, conspired to submit fraudulent loan applications seeking over $3.8 million in COVID-19 relief funds. Izzat Freitekh and Tarik Freitekh were charged with conspiracy to commit wire fraud, bank fraud scheme, money laundering, and other related charges. On the same day, Mr. Philus was sentenced to 30 months in prison. Sean Schoepflin and Erika Leon were charged with wire fraud and transactional money laundering. Jacob Carter, Quadri Salahuddin, Anwar Salahuddin, and Christal Ransom were charged with conspiracy, wire fraud, and aggravated identity theft. The Government alleged that Mr. Kanyike submitted several fraudulent loan applications seeking over $1.8 million in COVID-19 relief funds, of which he received $1.3 million. Mr. Fitzgerald pled guilty and was sentenced to 2 years probation on June 3, 2021. Oumar Sissoko was charged with four counts of wire fraud. The case was brought in Charlotte, North Carolina. Mr. Foster pleaded not guilty on August 13, 2021, and his case is pending. The Government alleged that Mathews submitted 38 fraudulent loan applications obtaining over $1 million in COVID-19 relief funds. The case was brought in Seattle, Washington. Mr. Stote pleaded guilty on January 3, 2022 and was sentenced to 120 months in prison on May 6, 2022. Mr. Bernardo pleaded guilty on June 14, 2022, and his sentencing date is to be determined. The Government alleged that Mr. Kralievits submitted fraudulent loan applications seeking approximately $767,000 in COVID-19 relief funds. On May 6, 2022, Mr. Augustin was sentenced to 78 months in prison. The case was brought in Dublin, Georgia. Ms. Falgoust pleaded guilty to an information on July 22, 2021. The case was brought in Houston, Texas. The Government alleged that Ms. Norton submitted fraudulent loan applications seeking over $7.7 million in COVID-19 relief funds. Fouzi Darakhshan was charged with conspiracy to commit offenses against the United States, and several counts of false statements on loan applications. 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. George also faces separate charges involving tax fraud. The case was brought in Atlanta, Georgia. Ms. Shearod pleaded guilty on June 22, 2022 and is scheduled to be sentenced on September 20, 2022. Soto pleaded guilty on February 24, 2022, and is scheduled to be sentenced on August 3, 2022. Vinicius Santana was charged with one count of wire fraud. Mr. Keane was sentenced to 27 months in prison on April 4, 2022. Lebnitz Tran was charged with six counts of wire fraud and three counts of bank fraud. Thomas Smith was charged with bank fraud and money laundering. Steven Jalloul was charged with one count of engaging in monetary transactions using property derived from unlawful activity. April Falgoust was charged with one count of wire fraud. The case was brought in Miami, Florida. The primary federal agencies that are currently conducting PPP loan fraud investigations are: 1. The case was brought in Orlando, Florida. The Government alleged that Ms. McConnell submitted fraudulent loan applications seeking over $232,000 in COVID-19 relief funds. The Government alleged that Mr. Augustin submitted fraudulent loan applications for his company Clear Vision Music Group LLC obtaining more than $24 million dollars in COVID-19 relief funds. Businesses must use PPP loan proceeds for payroll costs, interest on mortgages, rent and utilities. The case was brought in Atlanta, Georgia. Valesky Barosy was charged with wire fraud, money laundering, and aggravated identity theft. Edwards and Richardson pleaded not guilty on June 22, 2022, and their trial date is scheduled for November 14, 2022. 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). Mr. Belone is pleaded guilty on May 25, 2022, and is scheduled for sentencing on October 4, 2022. The Government alleged that Mr. Bellamy, a former NFL player, worked with several others to submit fraudulent loan applications seeking more than $24 million in COVID-19 relief funds, and that Mr. Bellamy obtained $1.2 million as a result. Ms. Porch pleaded guilty on November 30, 2021, and Mr. Porch pleaded guilty on January 4, 2022. A separate investigation by the nonpartisan Project on On September 14, 2021, he was sentenced to 32 months in prison. On January 26, 2021, Mr. Magana pleaded guilty and was sentenced to 41 months in prison on April 18, 2022. Yun Jae Moon was charged with conspiracy to defraud the United States. On June 28, 2021, after a 9-day jury trial, Richard Ayvazyan, Marietta Terabelian, and Artur Ayvazyan were found guilty. Jean Rabbitt and Kevin Aguilar were charged with bank fraud and conspiracy to engage in monetary transaction charges. The case was brought in Memphis, Tennessee. The Government alleged that Santana submitted a fraudulent loan application to obtain $2.5 million in COVID-19 relief funds. The Government alleged that Mr. Henley submitted fraudulent loan applications and obtained over $1 million in COVID-19 relief funds. On January 20, 2022, he was sentenced to 60 months in prison. Questions. Largest PPP Loan Recipients List Nationwide A total of 108,968 businesses across the United States have received Coronavirus-related Paycheck Protection Loans (PPP) loans from the Small Business Administration of the MAXIMUM available amount of $10,000,000 (ten million dollars). The Department of Justice (DOJ) is investigating and prosecuting PPP fraud cases all over the country. Paul and Michelle Kwak were charged with conspiracy to commit wire fraud, wire fraud, and money laundering. His sentencing is under seal. On August 2, 2021, Mr. Gautreaux was sentenced to 70 months in prison. Andrew Tezna was charged with one count of bank fraud. The case was indicted in November 2021 and the defendants pleaded not guilty at their arraignment. "The two operating components of the [SBA-OIG] are the Auditing Division and the Investigations Division.