Steven Goldstein was charged with fraud in connection with major disaster benefits. Austin Hsu was charged with one count of wire fraud. Mr. Gautreaux pleaded guilty to one count of making false statements to a financial institution. Michael Moller was charged with bank fraud and making false statements to the SBA. Dr. Joseph has pleaded not guilty. 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 case was brought in Norfolk, Virginia. 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. On November 15, 2021, he was sentenced to 51 months in prison. The Government alleged that Mr. Hsu submitted fraudulent loan applications seeking $1.1 million in COVID-19 relief funds. On October 25, 2021, Mr. Frazier pleaded guilty to two counts of wire fraud. Please cite ProPublica by linking to this page. 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. 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. The Government alleged that Ms. Jackson submitted fraudulent loan applications seeking $2.5 million in COVID-19 relief funds. The case was brought in Milwaukee, Wisconsin. Don Cisternino was extradited from Croatia to face wire fraud, identity fraud, and illegal monetary transaction charges. This site is not affiliated with the SBA or any other governmental body. 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. Rafael Martinez was charged with wire fraud, bank fraud, false statements, aggravated identity theft, and other related charges. Our firm helps people who are being charged or investigated for alleged fraud in applying for or taking out PPP and EIDL loansfunded by the CARES Act. 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. Mr. Brown plead guilty to an information on February 1, 2022. Lauren Duhart, Joshua Smith, Steve Lewis, Christopher Agard, Henry Duffield, Jeremy Latourneau and Derick Keane were charged with attempt and conspiracy to commit mail fraud, and money laundering. He was sentenced to 80 months in prison on March 3, 2022. The case was brought in West Palm Beach, Florida. On November 15, 2021, Richard Ayvazyan was sentenced to 17 years and Marietta Terabelian was sentenced to 72 months in prison. An increasing number of fraud schemes have come to light involving loans issued through . The case was brought in Boston, Massachusetts. Wakefield, Darryl Washington, Katie Quarterman and India Middleton have a change of hearing plea scheduled on August 4, 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). Adley Bernadin was charged with wire fraud. Izzat and Tarik were found guilty at trial on March 17, 2022. The case was brought in Alexandria, Virginia. On September 27, 2021, he was sentenced to 30 months in prison. Mr. Garcia pleaded guilty to one count of conspiracy to commit wire fraud on July 6, 2021. This case was brought in Cleveland, Ohio. Organizations approved for loans between $150,000 and $10 million. Diamond Blue Smith was charged with conspiracy to commit and offense against the United State, i.e., wire fraud. Jean Rabbitt and Kevin Aguilar were charged with bank fraud and conspiracy to engage in monetary transaction charges. There are, of course, many other CARES Act fraud investigations currently pending that may later result in criminal charges. reviewing PPP loan applications. The case was brought in Portland, Oregon. Ronald Smith and Terri Miller were charged with wire fraud, money laundering, and fraud in connection with emergency benefits. Eric Shibley was charged with wire fraud, bank fraud, and money laundering. Vinicius Santana was charged with one count of wire fraud. The Government alleged that Ms. Kirkland submitted a fraudulent loan application seeking over $66,000 in COVID-19 relief funds. Robert Hamilton was charged with bank fraud and money laundering. The case was brought in Atlanta, Georgia. The Government alleged that Nicoloff submitted fraudulent loan applications seeking over $1.5 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. All rights reserved. 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. He was sentenced to 41 months in prison on January 14, 2021. 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. Ms. Durhart was sentenced to 96 months in prison on June 23, 2022. Brandon Casutt was charged with making false statements to a bank, wire fraud, bank fraud, and money laundering. Mr. Kao has pleaded not guilty, and his trial is currently scheduled for January 17, 2023. Tarone La Dale Woods was charged with false statements. Mr. Redding pleaded guilty on January 21, 2022. The Government alleged that Ms. Stanley and Mr. Philus submitted fraudulent loan applications seeking over $1 million in COVID-19 relief funds. She was sentenced to time served, approximately 3 months in prison. On August 9, 2021, Mr. Cartlidge pleaded guilty to one count of attempt and conspiracy to commit fraud. Jacinthia Williams was charged with one count of wire fraud. Mr. Fitzgerald-Holley pleaded guilty and was sentenced to 6 months in prison on April 21, 2022. On September 1, 2020, Khalil Green pleaded guilty to one count of conspiracy to commit bank and wire fraud. 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. The case was brought in Statesboro, Georgia. Ms. Williams pleaded guilty. Mr. Kindambu pleaded guilty to one count of bank fraud. PPP data On December 10, 2021, Mr. Bellamy was sentenced to 37 months in prison. White House Calls for Transparent Investigations After - news.yahoo.com On November 2, 2021, she was sentenced to 78 months in prison. 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. Marnell submitted fraudulent loan applications and obtained over $9 million in COVID-19 relief funding. This case was brought in Boston, Massachusetts. On June 10, 2021, Mr. On September 29, 2021, Mr. White pleaded guilty to mail fraud. Anthony Boncimino was charged with four counts of bank fraud, four counts of money laundering, and six counts of making false statements. Deon Levy and Abdul-Azeem Levy were charged with wire fraud and conspiracy to commit wire fraud. The Government alleged that Cisternino submitted fraudulent loan applications seeking over $7.2 million in COVID-19 relief funds. Call us or complete the form below. The case was brought in Newport News, Virginia. The case was brought in Los Angeles, California. 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 . Dennes Garcia was charged with conspiracy to commit wire fraud, bank fraud, and conspiracy to attempt to commit wire fraud and bank fraud. On June 2, 2021, Ms. Stanley was sentenced to 18 months in prison. Moon submitted fraudulent loan applications on behalf of sixteen businesses seeking over $2 million in COVID-19 relief funds. Help us crowdsource fraud detection in the PPP program! The case was brought in Washington, D.C. Mr. Ashcraft pleaded guilty on May 9, 2022, to one count of wire fraud and one count of bank fraud and is scheduled to be sentenced on October 17, 2022. On October 8, 2021, Ms. Denton was sentenced to 6 months in prison and 12 months on home confinement. Tracy Kirkland was charged with wire fraud. The Government alleged that Mr. Fitzgerald-Holley submitted fraudulent loan applications and obtained approximately $305,854.00 in COVID-19 relief funds. The Government alleged that the defendants conspired to steal approximately $4.3 million dollars in unemployment insurance benefits funded by COVID-19 relief programs. 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 Seattle, Washington. The case was brought in Miami, Florida. On October 8, 2021, Damion McKenzie pleaded guilty, and he was sentenced to 44 months on January 21, 2022. The Government alleged that Mr. Lopez billed Medicare over $2.5 million worth of unnecessary medical equipment and submitted fraudulent loan applications for over $105,000 in COVID-19 relief funds. His trial is set for October 3, 2022. The case was brought in Norfolk, Virginia. Investigations by the DOJ and U.S. The primary federal agencies that are currently conducting PPP loan fraud investigations are: 1. Frank Hamilton, Michael Jones, Peter An, Edwin Bonilla, Tina Chen, Joseph Greco, Timothy Park, and Kenny Tran were charged with wire fraud conspiracy. Mr. Johnson pleaded guilty. Jamie Johnson was charged with conspiracy to commit mail fraud and aggravated identity theft. The Government alleged that Ms. McConnell submitted fraudulent loan applications seeking over $232,000 in COVID-19 relief funds. Oumar Sissoko was charged with four counts of wire fraud. The case was brought in Houston, Texas. Jonathan Markovich was charged with conspiracy to commit health care fraud and wire fraud, money laundering, and several other related charges. The case was brought in Billings, Montana. Updated List of PPP and EIDL Loan Fraud Criminal Cases His sentencing is under seal. The case was brought in Las Vegas, Nevada. Curtis and Dereen Porch were charged with three counts of wire fraud and one count of theft of government property. On June 24, 2021, Ms. Benton pleaded guilty to mail fraud. This case was brought in Baton Rouge, Louisiana. The case was brought in Ft. Lauderdale, Florida. On October 20, 2021, Mr. After a 7-week trial, Mr. Markovich was convicted of all charges. The case was brought in Alexandria, Virginia. The Government alleged Woods submitted fraudulent loan applications obtaining approximately $92,000 in COVID-19 relief funds. Maurice Fayne was charged with wire fraud, conspiracy to commit wire fraud, bank fraud, false statements on a loan application, money laundering, and identity fraud. Mr. Criss pled guilty and was sentenced to 10 months in prison on November 1, 2021. On December 14, 2021, Tranesha Quarterman pleaded guilty, and was sentenced to 17 months in prison on May 12, 2022. A Florida man was sentenced today to 33 months in prison for fraudulently seeking over $7,263,564 in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The case was brought in Brooklyn, New York. Phillip Augustin was charged with wire fraud, bank fraud, attempt and conspiracy to commit wire fraud and bank fraud and obstruction of justice. Bernadin pleaded guilty on June 22, 2022 and is scheduled to be sentenced on September 28, 2022. The case was brought in West Palm Beach, Florida and his trial is currently scheduled for August 1, 2022. Ms. Kasali has pleaded not guilty. Christina McConnell was charged with two counts of illegal monetary transactions. Wyleia Williams, James Stote, and Ross Charno were charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. The case was brought in Ft. Lauderdale, Florida. Mr. Eustache pleaded guilty to an information on July 8, 2021. 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 also alleged that Mr. Carter spent more than $21,000 of the loan funds at a car company for repairs and detailing. Andrew Marnell was charged with several counts of bank fraud and money laundering. Fraudulent Loans List :: PPP Detective The other defendants are scheduled for trial on September 20, 2022. On January 20, 2022, he was sentenced to 60 months in prison. The case was brought in Milwaukee, Wisconsin. The Government alleged that Mr. Boncimino submitted fraudulent loan applications seeking $2.6 million in COVID-19 relief funds. 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. This case was brought in Portland, Oregon. The case was brought in Los Angeles, California. The case was brought in Orlando, Florida, and his trial is currently scheduled for August 1, 2022. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Serving clients across the United States 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. The case was brought in Cleveland, Ohio. The Government alleged that DiMassa, a Connecticut State Representative, conspired with the other defendants to submit fraudulent invoices for services that were never provided by the City of West Haven. Red Flags: The First Year of COVID-19 Loan Fraud Cases - POGO 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. The case was brought in Boston, Massachusetts. On November 29, 2021, Mr. Price was sentenced to 110 months in prison. On June 9, 2021, Ms. Terry pleaded guilty to one count of making false statements on a loan application and one count of money laundering. On October 18, 2021, he was sentenced to 12 months and 1 day in prison. On June 16, 2021, Darrell Thomas pleaded guilty to one count of conspiracy to commit bank and wire fraud and one count of money laundering, and he also admitted to additional fraud as part of his plea deal, including obtaining fraudulent automobile loans. On September 14, 2021, Mr. Goldstein was sentenced to 12 months and 1 day in prison. Jorge Abramovs was charged with bank fraud, false statement to a financial institution, and monetary transactions in criminally derived property. Charmaine Redding was also charged separately and pleaded guilty to one count of conspiracy to commit fraud. The Government also alleged that Jalloul would charge the clients a 2-20% commission on the loans they received. In February The case is currently pending. Steven Jalloul was charged with one count of engaging in monetary transactions using property derived from unlawful activity. Tonye Johnson was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. The Government alleged that Ms. Abbas submitted fraudulent loan applications and obtained over $37,000 in COVID-19 relief funds to care for individuals with cases of COVID-19. Oludamilare Olugbuyi was charged with making false statements to a bank. 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. Mr. Lewis is scheduled for sentencing on July 27, 2022. Grigor Garibyan was charged with two counts of theft of government property. Mr. Hayes was held accountable for obtaining over $240,000. The case was brought in Denver, Colorado. Rodriquez Redding was charged with one count of wire fraud. Hashim Campbell was charged with conspiracy to commit wire fraud and bank fraud. "The two operating components of the [SBA-OIG] are the Auditing Division and the Investigations Division. On November 9, 2021, Mr. Boncimino pleaded guilty to one count of money laundering. The case was brought in Milwaukee, Wisconsin. The case was brought in Savannah, Georgia. We have helped our clients avoid criminal charges, negotiate fair resolutions, and fight back in court against exaggerated allegations of fraud. Michael DiMassa, John Bernardo, John Trasacco, and Lauren Knox were charged with wire fraud and conspiracy charges. He was also sentenced on charges of drug trafficking and money laundering in a separate case that same day. Chanchikyan has pleaded not guilty, and his trial is scheduled for October 4, 2022. Andrew Tezna was charged with one count of bank fraud. COVID relief PPP fraud probe includes over 50 employees in Cook County The case is pending and no trial date has been scheduled at this time. Karen Chapon was charged with bank fraud, false statement to a financial institution, and unlawful monetary transaction. PPP Loan List in Miami Beach, Florida - 6051 Businesses The case was brought in Providence, Rhode Island. Lola Kasali was charged with making false statements to a financial institution and bank fraud. The Government alleged that Mr. Knight submitted fraudulent loan applications and obtained $149,900 in COVID-19 relief funds. The case was brought in Dublin, Georgia. The case was brought in Savannah, Georgia and it is currently pending. Mr. and Ms. Mitchum pleaded guilty on January 12, 2022 and are scheduled to be sentenced on July 29, 2022. 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. This case was brought in Greenville, South Carolina. Updated Jan. 11, 2023, Search Every Company Approved for Federal Loans. Mr. Yates pleaded guilty on May 6, 2022, and sentencing has not been scheduled. 3,264,095 Mr. Ho was found guilty on all charges. On October 21, 2021, Ms. Redding was sentenced to 27 months in prison. 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.