ppp loan investigation list ppp loan investigation list

Christina McConnell was charged with two counts of illegal monetary transactions. Mr. Lopez has pleaded guilty, and his sentencing hearing is scheduled for September 21, 2022. Mr. Hsu pleaded guilty to one count of wire fraud. Report it to the Small Business Administrations with just a few clicks. The Government alleged that Mr. Garcia submitted fraudulent loan applications for over $285,000 in COVID-19 relief funds. The Government also alleged that Mr. Collins used his tax-preparation business to file thousands of fraudulent tax returns resulting in a loss of $3.8 million to the IRS. Robert Bearden was charged with three counts of wire fraud and one count of theft of government funds. The case was brought in Washington, D.C. Darius Hollis was charged with wire fraud. On June 16, 2022, Mr. Buoi was sentenced to 39 months in prison. The case was brought in Ft. Lauderdale, Florida. Mr. Hayford pleaded guilty to all the counts. The case was brought in Alexandria, Virginia. Mr. Oudomsine was charged by an information on October 19, 2021, and he pleaded guilty to one count of wire fraud on October 28, 2021. Timothy Williams was charged with conspiracy to defraud the United States. Deon is scheduled to be sentenced on October 5, 2022, and Abdul-Azeem is scheduled to be sentenced on October 7, 2022. On June 17, 2021, Mr. Argires pleaded guilty to one count of money laundering. On December 10, 2021, Mr. Bellamy was sentenced to 37 months in prison. Call us or complete the form below. The case was brought in Portland, Oregon. The case was brought in Dublin, Georgia. . The case was brought in Atlanta, Georgia. 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). Joseph Cherry was charged with wire fraud, theft of government property, making false statements to influence the SBA, and money laundering. Christopher Mazzei and Erin Mazzei were charged with conspiracy to commit wire fraud, conspiracy to launder money and money laundering. Steven Jalloul was charged with one count of engaging in monetary transactions using property derived from unlawful activity. Ms. Johnson pleaded guilty on February 16, 2022, and she is scheduled to be sentenced on September 15, 2022. 94% of the total 2020 PPP loan value has been forgiven, in full or in part. Recent reports have found that FinTechs and their bank partners handled 75 percent of the approved PPP loans that have been connected to fraud by DOJ, despite facilitating just 15 percent of PPP loans overall. Jonathan Henley was charged with bank fraud. There are, of course, many other CARES Act fraud investigations currently pending that may later result in criminal charges. The case was brought in Foley Square, New York and is pending. The Government alleged that Mr. Licata, owner of Boca Toxicology LLC, bundled COVID-19 tests with more expensive and unnecessary testing. Ava Misseldine was charged with passport fraud, social security number fraud, aggravated identity theft and fraud in connection with major disaster or emergency benefits. The Department of Justice (DOJ) is investigating and prosecuting PPP fraud cases all over the country. Joshua Bellamy was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. The Kwaks have pleaded not guilty, and the case is pending. On August 24, 2021, Mr. Mohan was sentenced to 24 months in prison. The case was brought in Charlotte, North Carolina. We will contact you as soon as possible if we are able to help. When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. The Justice Department has brought criminal charges against at least 209 individuals in 119 cases related to Paycheck Protection Program (PPP) fraud since banks and other lenders began processing loan applications on behalf of the Small Business Administration on April 3, 2020. On July 29, 2021, Mr. Johnson was sentenced to 18 months in prison. The case was brought in Statesboro, Georgia. All cases were brought in Atlanta, Georgia. The Government alleged that the defendants submitted falsified loan applications obtaining approximately $396,875.00 in COVI-19 relief funds. Ms. Walker has pleaded guilty. On November 29, 2021, Mr. Price was sentenced to 110 months in prison. Fraudulent Loans List :: PPP Detective Fraudulent Loans List These loans have been flagged by other users as potentially being fraudulent. The Government alleged that Mr. Dorceus owner of Elevate Horizons submitted fraudulent loan applications obtaining approximately $300,000 I COVI-19 relief funds. Mr. and Ms. Mitchum pleaded guilty on January 12, 2022 and are scheduled to be sentenced on July 29, 2022. All rights reserved. The Government alleged that Mr. Gautreaux submitted fraudulent loan applications seeking over $13 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. He was sentenced to 57 months in prison on February 2, 2022. The case was brought in Los Angeles, California. The case was brought in Orlando, Florida. The Government alleged that Christopher and Erin Mazzei submitted fraudulent loan applications and obtained over $1.3 million in COVID-19 relief funds. The Government alleged that Mr. Frazier submitted fraudulent loan applications seeking $6.9 million in COVID-19 relief funds, of which he received approximately $2.2 million. Levelle Harris was charged with 14 counts of wire fraud. The case was brought in Atlanta, Georgia. Woods pleaded guilty and was sentenced to 6 months in prison on July 15, 2021. The Government alleged that Ms. Martins submitted fraudulent loan applications seeking over $40,000 in COVID-19 relief funds. Andre McBreairty was charged with false statements. On June 2, 2021, Mr. Smith was sentenced to 57 months in prison. On November 2, 2021, Charles Petty pleaded guilty to conspiracy to commit wire fraud, and his sentencing is scheduled for February 23, 2022. The case was brought in Fort Myers, Florida. In the New York case, Mr. Sadleir pleaded guilty on January 19, 2022 and his sentencing hearing is to be determined. Ms. Terry was sentenced to 65 months in the prior healthcare fraud scheme. 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. And these cases are just the beginning. On November 24, 2021, Ms. Bostic was convicted after a jury trial on one count of conspiracy to commit bank fraud and wire fraud and three counts of wire fraud. The Government alleged that Chanchikyan submitted fraudulent loan applications seeking approximately $345,000 in COVID-19 relief funds through his home health agency, Gentle Touch Home Health Care Inc. On October 13, 2021, Mr. Blotnick pleaded guilty to one count of wire fraud and one count of money laundering. The Government alleged that Dr. Shibley submitted fraudulent loan applications seeking over $3 million in COVID-19 relief funds. On October 21, 2021, Ms. Redding was sentenced to 27 months in prison. Mr. Fitzgerald-Holley pleaded guilty and was sentenced to 6 months in prison on April 21, 2022. 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 Mr. Davis submitted fraudulent loan applications and obtained over $1 million in COVID-19 relief funds. Ms. Norton pleaded guilty on November 12, 2020, and she is scheduled to be sentenced on November 10, 2022. He is scheduled to be sentenced on August 8, 2022. 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. This case was brought in Boise, Idaho. Artur Chanchikyan was charged with wire fraud, theft of government property and concealment money laundering. The Government alleged that Mr. Harris applied for 14 fraudulent loans and received over $1 million in COVID-19 relief funds. Mr. Abramovs has pleaded guilty and is scheduled to be sentenced on August 22, 2022. Woods and Gilchrist are both licensed attorneys. 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). She was sentenced to 12 months and 1 day. Lebnitz Tran was charged with six counts of wire fraud and three counts of bank fraud. 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 woman pleaded guilty to wire fraud and making false statements in response to a grand jury's indictment last year. Paul and Michelle Kwak were charged with conspiracy to commit wire fraud, wire fraud, and money laundering. The Government alleged that Mr. Oudomsine submitted a fraudulent loan application and obtained $85,000 in COVID-19 relief funds. Banks will likely be targeted in the coming months for their roles with the Paycheck Protection Program and other lending during the pandemic. The case was brought in Atlanta, Georgia. Jonathan Markovich was charged with conspiracy to commit health care fraud and wire fraud, money laundering, and several other related charges. Mr. Olivetti pleaded guilty on December 13, 2021, and is scheduled for a pre-sentence conference on August 30, 2022. 1d ago. The case was brought in Los Angeles, California. 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. He was sentenced to 80 months in prison on March 3, 2022. 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. The Government alleged that Mathews submitted 38 fraudulent loan applications obtaining over $1 million in COVID-19 relief funds. He was also sentenced on charges of drug trafficking and money laundering in a separate case that same day. The case was brought in Philadelphia, Pennsylvania. The case was brought in Philadelphia, Pennsylvania and it is currently pending. 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 Atlanta, Georgia. Hassan Kanyike was charged with wire fraud. The Government alleged that Mr. Hines submitted fraudulent loan applications and obtained approximately $3.4 million in COVID-19 relief funds. Sean Schoepflin and Erika Leon were charged with wire fraud and transactional money laundering. Brittany Shearod was charged with attempt and conspiracy to commit fraud and multiple counts of wire fraud. The Government also alleged that after Rabbitts businesses received the loans, Aguilar created fake payroll companies and accepted checks from Rabbitts businesses indicating that they were for payroll purposes. On March 24, 2022, Ms. Cartwright-Powers was sentenced to 20 months in prison. The case was brought in Houston, Texas. However, the participation of FinTechs in the PPP may have led to increased incidents of fraud. The case was brought in Savannah, Georgia and it is currently pending. On October 8, 2021, Damion McKenzie pleaded guilty, and he was sentenced to 44 months on January 21, 2022. Arena submitted fraudulent loan application for ADA Auto Group LLC obtaining approximately $954,000 in COVID-19 relief funds. Dinesh Sah was charged with several counts of wire fraud, bank fraud, and money laundering. Nadine Jackson was charged with wire fraud and making false statements. This case was brought in Las Vegas, Nevada. 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. He was sentenced to 51 months in prison on June 7, 2022. Rosado pleaded guilty and was sentenced to 37 months on December 3, 2021. Mr. Mohan pleaded guilty to wire fraud and money laundering. Mr. Mason pleaded guilty on January 4, 2022, and is scheduled to be sentenced on October 12, 2022. The case was brought in Las Vega, Nevada. The Government alleged that Mr. Ridge submitted fraudulent loan applications seeking almost $500,000 in COVID-19 relief loans, of which he obtained $160,000. The case was brought in Augusta, Georgia. The Government alleged that Jalloul, a tax consultant, submitted approximately 170 loan applications for over 160 of his clients seeking over $23 million in COVID-19 relief funds. Ms. Miller pleaded guilty and was sentenced to 60 months in prison. 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. On July 28, 2021, Mr. Lewis pleaded guilty to mail fraud and he was sentenced to 115 months. The case was brought in Atlanta, Georgia. The Government alleged that Hackstadt submitted fraudulent loan applications and obtained over $250,000 in COVID-19 relief funds. Marvin Fitzgerald was charged with false statements. Mr. Redding pleaded guilty on January 21, 2022. The Government alleged that the Kwaks submitted fraudulent loan applications on behalf of several shell companies to obtain over $4 million in COVID-19 relief funds. The case was brought in Milwaukee, Wisconsin. The case was brought in Ft Lauderdale, Florida. Michael Moller was charged with bank fraud and making false statements to the SBA. Date: December 8, 2021. On July 18, 2021, he was sentenced to over 11 years in prison. On July 13, 2021, Ms. Walker was sentenced to 12 months and 1 day in prison. The Government alleged that Mr. and Ms. Collins submitted fraudulent loan applications seeking approximately $1.9 million in COVID-19 relief funds. The case was brought in Seattle, Washington. The case was brought in Columbus, Georgia. The Government alleged that Israyelyan admitted to owning a hospice agency that was never operating during the COVID-19 pandemic and received over $89,000 in COVID-19 relief funds to treat patients. Ms. Duhart pled guilty and was sentenced to 3 years in prison on February 22, 2022. Mr. Henley pleaded guilty to one count of bank fraud. An increasing number of fraud schemes have come to light involving loans issued through . Mr. Sah had pleaded guilty. Andre Clark was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. The case was brought in Dallas, Texas. The Government also alleged that Jalloul would charge the clients a 2-20% commission on the loans they received. She was found not guilty of bank fraud. 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. 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. No guarantees are made as to the accuracy of the data. Izzat and Tarik were found guilty at trial on March 17, 2022. Matthews pleaded guilty on May 27, 2022, and is scheduled for sentencing on October 7, 2022. Mr. Pan has pleaded guilty, and was sentenced to 20 months on March 15, 2022. Mr. Licata pleaded guilty to one count of conspiracy to commit health care fraud on January 13, 2022. Elias Eldabbagh was charged with wire fraud, monetary transaction of criminally derived property, aggravated identity theft, and destruction or removal of property to prevent seizure. Mr. Barosy has pleaded not guilty, and his trial is currently scheduled for September 12, 2022. Wyleia Williams, James Stote, and Ross Charno were charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. On July 13, 2021, Ms. Cartwright-Powers pleaded guilty to fraud in connection with emergency benefits. Curtis and Dereen Porch were charged with three counts of wire fraud and one count of theft of government property. On September 14, 2021, Mr. Goldstein was sentenced to 12 months and 1 day in prison. 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. A separate investigation by the nonpartisan Project on The case was brought in New York, New York. David Hines was charged with wire fraud, making false statements to a lending institution, bank fraud, and money laundering. The case was brought in Alexandria, Virginia. On June 7, 2021, Manuk Grigoryan pleaded guilty to bank fraud and aggravated identity theft. Ms. Knox pleaded guilty on July 12, 2022, and her sentencing hearing is to be determined. 3. The case was brought in Brooklyn, New York. On June 17, 2021, Mr. Rai was sentenced to 24 months in prison. The case was brought in Milwaukee, Wisconsin. The case was brought in Green Bay, Wisconsin. The Government alleged that Mr. Henley submitted fraudulent loan applications and obtained over $1 million in COVID-19 relief funds. To help our clients understand the scope of these PPP and EIDL loan fraud investigations, and to make sure they are being treated fairly in the process, we keep close track of federal criminal cases involving CARES Act programs.