On May 23, 2022 Mr. Duffield and Mr. Latourneau were sentenced to time served. He is scheduled to be sentenced on August 15, 2022. The case was brought in Miami, Florida. The case was brought in Texarkana, Texas. The Government alleged that Mr. Pan submitted fraudulent loan applications seeking over $6 million in COVID-19 relief funds. The Government alleged that Mr. Ho and other individuals submitted fraudulent loan applications and obtained over $2.4 million in COVID-19 relief funds. The case was brought in Washington, D.C. Rodriquez Redding was charged with one count of wire fraud. The Government alleged that Mr. VanScoyk and Mr. Fiedler conspired to submit fraudulent loan applications seeking almost $3 million in COVID-19 relief funds, of which they received around $1.2 million. The Government alleged that the defendants participated in a conspiracy with others that involved submitting fraudulent loan applications seeking a total of $24 million 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. Fahad Shah was charged with wire fraud, making false statements to a bank, and money laundering. As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. The Government alleged that Dr. Shibley submitted fraudulent loan applications seeking over $3 million in COVID-19 relief funds. The case was brought in Honolulu, Hawaii. The case was brought in Boston, Massachusetts. The case was brought in Miami, Florida. The case was brought in Newark, New Jersey. Mr. Israyelyan pleaded guilty on March 18, 2022, and his sentencing hearing is currently scheduled for September 19, 2022. The case was brought in Orlando, Florida. The case was indicted in November 2021 and the defendants pleaded not guilty at their arraignment. Northern District of Georgia | Twenty-two defendants charged in The Government alleged that Mr. Lola Kasali was charged with making false statements to a financial institution and bank fraud. Hunter VanPelt was charged with one count of bank fraud. 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 Seattle, Washington. Does something look fishy to you? All the other defendants have pleaded not guilty. The case was brought in Los Angeles, California. 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. Debra Hackstadt was charged with wire fraud. reports related to PPP loans with the Financial Crimes Enforcement Network. The Government alleged that Mr. Chapon submitted fraudulent loan applications through her corporate entities Heavenly Tahoe Properties, Desert Sun Events, and Tahoe Weddings and Events obtaining approximately $596,231.00 in COVID-19 relief funds. Karen Chapon was charged with bank fraud, false statement to a financial institution, and unlawful monetary transaction. The Government alleged that Mr. Williams an authorized representative of Bamigi Brand submitted fraudulent loan applications obtaining approximately $300,000.00 in COVID-19 relief funds. Don Cisternino was extradited from Croatia to face wire fraud, identity fraud, and illegal monetary transaction charges. The case was brought in Los Angeles, California. All defendants have pled guilty. Cindi Denton was charged with conspiracy to commit wire fraud, wire fraud, bank fraud, and conspiracy to attempt to commit wire fraud and bank fraud. More than 15% of PPP loans had at least one indication of potential fraud. Mr. Cherry pleaded guilty to one count of wire fraud and one count of theft of government property. Larry D. Jordan and Sutukh El were charged with attempt and conspiracy to commit mail fraud. Updated Jan. 11, 2023, Search Every Company Approved for Federal Loans. Mr. McGee pleaded not guilty, and his trial is scheduled for January 24, 2023. Jonathan Henley was charged with bank fraud. Contact the PPP Loan Fraud Defense Lawyers at Oberheiden P.C. Some people have already been convicted, while others are being secretly investigated. The Government alleged that Ms. Kirkland submitted a fraudulent loan application seeking over $66,000 in COVID-19 relief funds. Rowlando Hatter, Jr. and Clyde Anthony Parker, Jr, were charged with conspiracy to commit mail and wire fraud, mail fraud and aggravated identity theft. The Government alleged that Mr. Jaafar submitted fraudulent loan applications seeking $6 million in COVID-19 relief funds. 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. Mr. Hayes was held accountable for obtaining over $240,000. The Government alleged that Mr. Stewart submitted fraudulent loan applications and obtained over $250,000 in COVID-19 relief funds and that he was engaged in two other, separate fraudulent schemes to obtain government contracts and military benefits. Woods pleaded guilty and was sentenced to 6 months in prison on July 15, 2021. Mr. Choi has a change of plea hearing that has not been scheduled at this time. All the defendants pleaded guilty in October 2021. The case was brought in Newport News, Virginia. The case was brought in Las Vegas, Nevada. On May 20, 2021, Mr. Suber was sentenced to 24 months in prison. The case was brought in Los Angeles, California. PDF President and Chief Executive Officer Cross River Bank 400 Kelby St Ms. Norton pleaded guilty on November 12, 2020, and she is scheduled to be sentenced on November 10, 2022. What are the Red Flags for PPP Loan Fraud? - Federal Lawyer The Government alleged that Mr. The Government alleged that Mr. and Mrs. Porch submitted fraudulent loan applications seeking $364,000 in COVID-19 relief funds. She was sentenced to 24 months in prison. On June 23, 2022, she was sentenced to 3 years of probation with the first 6 months to be served on home confinement. An increasing number of fraud schemes have come to light involving loans issued through . Myrna Ortiz was charged with conspiracy to commit money laundering and over 30 counts of conversion of government funds. 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. Tarone La Dale Woods was charged with false statements. Mr. This case was brought in Portland, Oregon. Lakisha Swope and Treisha Pearson were charged with conspiracy to defraud the United States, bank fraud, wire fraud, and money laundering. There are, of course, many other CARES Act fraud investigations currently pending that may later result in criminal charges. Adam Arena was charged with attempt and conspiracy to a commit mail fraud and engaging in monetary transactions. His sentencing is under seal. Mary Benton, Angelica Cartwright-Powers, Michael Lewis, and Michael White were charged with conspiracy to commit fraud in connection with major disaster benefits and mail fraud. PPP Loans List You can search the SBA's entire PPP loan data below. He was sentenced to 12 months in prison. The Government alleged that Mr. Hayes submitted fraudulent loan applications seeking $1.5 million in COVID-19 relief funds. PPP Loan Fraud is Out of Control! Case Investigations & EIDL Fraud The case was brought in Houston, Texas. Ms. Falgoust pleaded guilty to an information on July 22, 2021. "Ridge thought he could unjustly enrich himself by defrauding a program designed to support . Curtis and Dereen Porch were charged with three counts of wire fraud and one count of theft of government property. Moon pleaded guilty. The case was brought in Miami, Florida. The Government alleged that Mr. Tezna submitted fraudulent loan applications and obtained $350,000 in COVID-19 relief funds. The case was brought in Providence, Rhode Island. He was sentenced to 80 months in prison on March 3, 2022. On March 21, 2022, he was sentenced to 188 months in prison, and he filed a notice of appeal on March 29, 2022. Mr. Johnson was held accountable for fraudulently obtaining a loan of $389,627. This case was brought in Greenville, South Carolina. On August 9, 2021, Mr. Cartlidge pleaded guilty to one count of attempt and conspiracy to commit fraud. The Government alleged that Mr. Mancieri filed 8 fraudulent loan applications seeking over $337,000 in COVID-19 relief funds. The Government alleged that Mr. Mills illegally received over $450,000 in unemployment insurance benefits during the COVID-19 pandemic. The Government alleged that the two businessmen submitted fraudulent loan applications seeking over $500,000. William Sadleir was charged in two caseshe was charged with wire fraud, making false statements to a bank, bank fraud, and money laundering in the Central District of California on July 17, 2020. The Government alleged that Ms. Lawson and Ms. Quarterman submitted fraudulent loan applications on behalf of the other defendants seeking over $700,000 in COVID-19 relief funds. The case was brought in Cleveland, Ohio. Mr. Tolliver pleaded not guilty at his arraignment in November 2021 and his trial is currently scheduled for December 19, 2022. The Government alleged that Mr. Hayford submitted fraudulent loan applications seeking $8 million in COVID-19 relief funds. The Government alleged that Mr. Bischoff, who owned multiple pizza restaurants, submitted fraudulent loan applications seeking to obtain almost $1 million in COVID-19 relief funds. Charmaine Redding was also charged separately and pleaded guilty to one count of conspiracy to commit fraud. The case was brought in Wilmington, Delaware. Hackstadt pleaded guilty on May 19, 2022, and is scheduled to be sentenced on October 6, 2022. The Government alleged that Makki filed ten fraudulent loan applications seeking over $1.08 million in COVID-19 relief funds and transferred the funds to purchase a condo in Lebanon. We have helped our clients avoid criminal charges, negotiate fair resolutions, and fight back in court against exaggerated allegations of fraud. Richard Ayvazyan, Marietta Terabelian, Artur Ayvazyan, Tamara Dadyan, Manuk Grigoryan, Arman Hayrapetyan, Edvard Paronyan, and Vahe Dadyan were charged with conspiracy to commit bank and wire fraud, wire fraud, bank fraud, conspiracy to commit money laundering, money laundering, and other charges. 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. 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. The Government alleged that the married couple defrauded 1,700 victims in a scheme involving applying for small business loans and fraudulently collecting unemployment benefits. On January 31, 2022, Ms. Ford-Victory pleaded guilty to one count of wire fraud conspiracy. Shanrika Duhart was charged with conspiracy to defraud the United States. Woods and Gilchrist are both licensed attorneys. The Government alleged that Mr. Sadleir, a film executive, submitted fraudulent loan applications seeking over $1.7 million in COVID-19 relief funds. The case was brought in Little Rock, Arkansas. Find data and reports related to the Paycheck Protection Program (PPP). Andrew Marnell was charged with several counts of bank fraud and money laundering. Stacy Santemore, Sr. was charged with false statements and theft of government funds. Teldrin Foster was charged with multiple counts of wire fraud, bank fraud, and attempt and conspiracy to commit fraud. The Government alleged that the defendants conspired to submit fraudulent loan applications and obtain over $3 million in COVID-19 relief funds. Katrina Lawson, Alicia Quarterman, Tranesha Quarterman, Nikia Wakefield, Darryl Washington, Adarin Jones, James McFarland, Katie Quarterman, India Middleton, and Victor Montgomery were charged with attempt and conspiracy to commit fraud, wire fraud, bank fraud, and money laundering. On October 20, 2021, Mr. Stephen Smith was charged with two counts each of bank fraud and money laundering. Mark Mason, Jr. was charged with one count of wire fraud and money laundering. In the New York case, Mr. Sadleir pleaded guilty on January 19, 2022 and his sentencing hearing is to be determined. The case was brought in Alexandria, Virginia. On March 11, 2021, Bern Benoit pleaded guilty to one count of conspiracy to commit bank and wire fraud. Kyle Brenizer was charged with several counts of wire fraud, money laundering, and aggravated identity theft. The defendants have been charged by complaint. The case was brought in Greensboro, North Carolina. The case was brought in Brooklyn, New York. Kevin Mancieri was charged with conspiracy to commit bank fraud. The Government alleged that Mr. Smith submitted fraudulent loan applications and obtained over $1 million in COVID-19 relief funds. The Government alleged that Ms. Bain submitted fraudulent loan applications for her company Microblading Brow Studio obtaining approximately $17.6 million in COVID-19 relief funds. Andre McBreairty was charged with false statements. Mr. Staveley has also been charged separately with aggravated identity theft and failing to appear in court when required. Mr. Stewart pleaded guilty to all charges. All rights reserved. On June 10, 2021, Mr. Timothy Williams was charged with conspiracy to defraud the United States. Rahul Shah was charged with bank fraud, making false statements on a loan application, and identity fraud. Ms. Bain pled guilty and was sentenced to 24 months in prison on December 9, 202. The case was brought in Detroit, Michigan. On October 8, 2021, Ms. Denton was sentenced to 6 months in prison and 12 months on home confinement. Mr. Barosy has pleaded not guilty, and his trial is currently scheduled for September 12, 2022. SBA Office of Inspector General (SBA-OIG) The SBA Office of Inspector General (SBA-OIG) is the integrity and accountability arm of the SBA. William Nicoloff, Jr. was charged with bank fraud and unlawful monetary transactions. PPP Loans List :: PPP Detective The Government alleged that Mr. Olivetti, a Pennsylvania attorney, conspired to submit 2 fraudulent loan applications seeking over $120,000 by inflating the payroll at his law firm. Raymond Magana was charged with fraud in connection with major disaster benefits. The other defendants are scheduled for trial on September 20, 2022. The case was brought in Atlanta, Georgia. The case was brought in Buffalo, New York. On July 28, 2021, Mr. Lewis pleaded guilty to mail fraud and he was sentenced to 115 months. The Government alleged that Mr. Ashcraft submitted fraudulent loan applications seeking over $1.2 million in COVID-19 relief funds and received approximately $920,000. Mr. Santemores pleaded guilty on April 27, 2022, and was sentenced on July 25, 2022 but the terms of his sentence are under seal. Mr. Brenizer pleaded guilty and was sentenced to 57 months on June 17, 2022. Ms. Kirkland pleaded guilty and was sentenced to 33 months in prison. The Government alleged that Nicoloff submitted fraudulent loan applications seeking over $1.5 million in COVID-19 relief funds. The case was brought in Milwaukee, Wisconsin. The case was brought in Ocala, Florida and his trial is currently scheduled for August 1, 2022. PPP loan investigation. The Government alleged that Mr. Tolliver submitted fraudulent loan applications seeking $7.6 million in COVID-19 relief funds, of which he obtained over $1.1 million. Mr. Hamilton pleaded guilty to one count of bank fraud. Fraudulent Loans List :: PPP Detective False Claims Act Case Tracker for Paycheck Protection Program - Dorsey The case was brought in Sherman, Texas. Nicholas Jones was charged with wire fraud and falsification of records. Select Subcommittee Launches Investigation into Role of FinTech The case was brought in Savannah, Georgia. Fouzi Darakhshan was charged with conspiracy to commit offenses against the United States, and several counts of false statements on loan applications. Robert Hamilton was charged with bank fraud and money laundering. After a 7-week trial, Mr. Markovich was convicted of all charges. The Government alleged that Ms. Hart, a former Deputy Sheriff, made a false statement to the SBA in her PPP application. Attorneys, including the Fraud Section, have resulted in a variety of charges, including wire fraud (18 U.S.C. The other defendants have pleaded not guilty, and their trial is scheduled for September 15, 2022. Tonye Johnson was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. The Government alleged that the defendants submitted falsified loan applications obtaining approximately $396,875.00 in COVI-19 relief funds. Antonio Hosey was charged with conspiracy to defraud the United States. Samuel Yates was charged with fraud by wire, radio, or television. The Government alleged that Ms. Tubbs submitted fraudulent loan applications and obtained almost $2 million in COVID-19 relief funds. On October 21, 2021, Mr. Kindambu was sentenced to 33 months in prison. Nikia. On October 7, 2021, Mr. Staveley was sentenced to 44 months for the bank fraud offense and 12 additional months for his failure to appear, run consecutively for a total of 56 months. The case was brought in Milwaukee, Wisconsin. The Government alleged that Mr. Welch submitted fraudulent loan application through Welch Sole Proprietorship to obtain approximately $35,000 in COVID-19 relief funds. The Government alleged that Mr. Knight submitted fraudulent loan applications and obtained $149,900 in COVID-19 relief funds. It is also alleged that Ms. Ford-Victory received some kickback payments for submitting the claims. In February On September 3, 2021, he pleaded guilty. The case was brought in Raleigh, North Carolina. The Government alleged that Ms. Kasali submitted fraudulent loan applications and obtained more than $1.9 million in COVID-19 relief funds. He was found guilty on all charges at trial and was sentenced to 48 months in prison. The PPP allows the interest and principal to be forgiven if businesses spend the . On March 25, 2022, Mr. Benlevi was found guilty on all counts at trial. 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 . Mr. McBreairty pleaded guilty and was sentenced to 2 years of probation, with the first 6 months to be served on home confinement. Mr. Tezna pleaded guilty to one count of bank fraud. Mr. Williams pleaded guilty on October 13, 2020, and his sentencing has not been scheduled. Valesky Barosy was charged with wire fraud, money laundering, and aggravated identity theft. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are .