Mack Devon Knight was charged with two counts of wire fraud, one count of making a false statement, one count of making a false statement on a loan application, and one count of money laundering. The case was brought in Providence, Rhode Island. The case was brought in Miami, Florida. Together, more than 5.5 million PPP loans were approved totaling more than $557.8 billion. Joseph Cartlidge, David Redfern, and Eric McMiller were charged with multiple counts of wire fraud, bank fraud, and attempt and conspiracy to commit fraud. 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 case was brought in in Portland, Oregon and it is currently pending. The Government alleged that Mr. Tran submitted fraudulent loan applications seeking $8 million in COVID-19 relief funds. The Government alleged that Smith submitted fraudulent loan applications seeking over $212,000 in COVID-19 relief funds. The case was brought in Providence, Rhode Island. This will take the form of government and whistleblower investigations, including False Claims Act claims related to loans that went to companies (and fraudsters) that should not have received these . Matthew Welch was charged with wire fraud. His appeal is pending. Mr. Lewis was sentenced to 22 months in prison on June 29, 2022. Ms. Denton pleaded guilty to one count of conspiracy to commit wire fraud on July 22, 2021. 4. Shashank Shekhar Rai was charged with wire fraud, bank fraud, false statements to a financial institution, and false statements to small business administration. Blood submitted fraudulent loan applications seeking over $600,000 in COVID-19 relief funds. The case was brought in Concord, New Hampshire. Brandon Ridge was charged with brank fraud, wire fraud, and money laundering. Hashim Campbell was charged with conspiracy to commit wire fraud and bank fraud. 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. Marvin Fitzgerald was charged with false statements. The Government alleged that Hackstadt submitted fraudulent loan applications and obtained over $250,000 in COVID-19 relief funds. The Government alleged that Mr. Gaughan submitted fraudulent loan applications seeking approximately $2.1 million in COVID-19 relief funds. Vinicius Santana was charged with one count of wire fraud. Francis Joseph was charged with theft in connection with healthcare, theft of government funds, wire fraud, and making a false statement in connection with a bankruptcy proceeding. Researchers estimate that $76 billion in PPP loan money was taken illicitly. This case was brought in Greenville, South Carolina. Moon submitted fraudulent loan applications on behalf of sixteen businesses seeking over $2 million in COVID-19 relief funds. The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Se Habla Espaol, 101 Marietta Street NWSuite 3300Atlanta, GA 30303(404) 223-3310, 2022 by The Church Law Firm LLC. The Government alleged that Mr. Price submitted fraudulent loan applications seeking $1.6 million in COVID-19 relief funds. Adam Arena was charged with attempt and conspiracy to a commit mail fraud and engaging in monetary transactions. Tarik Jaafar was charged with conspiracy against the United States and conspiracy to commit wire fraud. The Government alleged that Rabbitt filed fraudulent loan applications seeking over $3.3 million in COVID-19 relief funds. On November 9, 2021, Mr. Boncimino pleaded guilty to one count of money laundering. The Government alleged Mr. Clark participated in a conspiracy with others that involved submitting fraudulent loan applications seeking a total of $24 million in COVID-19 relief funds. On March 25, 2022, Mr. Benlevi was found guilty on all counts at trial. On March 2, 2022, Ms. Martins pleaded guilty to the charges and is scheduled to be sentenced on August 4, 2022. We have gathered and summarized all cases that we are aware of that have been filed anywhere the United States. On September 8, 2021, he was sentenced to 27 months in prison. On February 3, 2022, she was sentenced to 44 months. David Staveley and David Butziger were charged with conspiracy to commit bank fraud, conspiracy to make false statement to the SBA, conspiracy to commit bank fraud, and bank fraud. The City of West Haven received over $1.15 million in COVID-19 relief funds. Bernadin pleaded guilty on June 22, 2022 and is scheduled to be sentenced on September 28, 2022. The case was brought in Fort Lauderdale. "Ridge thought he could unjustly enrich himself by defrauding a program designed to support . Paycheck Protection Program | U.S. Department of the Treasury Hackstadt pleaded guilty on May 19, 2022, and is scheduled to be sentenced on October 6, 2022. The Government alleged that Mr. Brenizer submitted fraudulent loan applications and obtained $841, 000 in COVID-19 relief funds. Mr. Welch pled guilty and was sentenced to 5 years of probation on June 15, 2021. Jonathan Henley was charged with bank fraud. Ms. Swope and Ms. Pearson have pleaded not guilty, and their trial is scheduled for August 22, 2022. Jacob Carter, Quadri Salahuddin, Anwar Salahuddin, and Christal Ransom were charged with conspiracy, wire fraud, and aggravated identity theft. Call us or complete the form below. The Government alleged that Mr. Mason, along with 21 other individuals, conspired to submit fraudulent loan applications seeking over $3.8 million in COVID-19 relief funds. 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 case was brought in Foley Square, New York and is pending. List of PPP Loan Fraud Cases. 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. She was sentenced to 24 months in prison. Lakisha Swope and Treisha Pearson were charged with conspiracy to defraud the United States, bank fraud, wire fraud, and money laundering. The Government alleged that Mr. Bearden submitted fraudulent loan applications seeking about $60,000 in COVID-19 relief funds. All cases were brought in Atlanta, Georgia. What Is PPP Loan Fraud? How Scammers Stole $100+ Billion The case was brought in Miami, Florida. On November 15, 2021, he was sentenced to 51 months in prison. PPP Loan Fraud Investigations Can Have Various . The case was brought in Brunswick, Georgia. Click on a company's name to see additional loan details. The Government alleged that Mr. Etwaru submitted fraudulent loan applications to obtain approximately $57,750.00 in COVID-19 relief funds. The case was brought in West Palm Beach, Florida. Elijah Buoi was charged with wire fraud and making false statements to a bank. Mr. McCants pleaded guilty on June 6, 2022 and is scheduled for sentencing on September 9, 2022. Mr. Kasali was sentenced to 70 months in prison on April 7, 2022. The case was brought in Atlanta, Georgia. The Government alleged that Izzat and his son Tarik submitted fraudulent loan applications seeking over $1.7 million in COVID-19 relief funds. On August 10, 2021, Mr. Hsu was sentenced to 24 months in prison. Mr. Sissoko was convicted of four counts of wire fraud on April 15, 2022. Scott Suber was charged with one count of bank fraud. Mr. Mills pleaded guilty to the charge on September 20, 2021. Mr. Lopez has pleaded guilty, and his sentencing hearing is scheduled for September 21, 2022. The Government alleged that Mr. Marnell submitted fraudulent loan applications and obtained over $9 million in COVID-19 relief funding. Luke Pierre, Jr. was charged with one count of conspiracy to commit wire fraud. On October 18, 2021, he was sentenced to 12 months and 1 day in prison. The case was brought in White Plains, New York. The case was brought in Buffalo, New York and it is currently pending. The Government alleged that Smith submitted fraudulent loan applications through her business obtaining approximately $426,000. The Biden Administration has poured millions of dollars towards resources to ensure that investigations take place and the stolen money is recovered. PPP loan investigation. The case was brought in Norfolk, Virginia. 3. The Government alleged that Mr. Garcia submitted fraudulent loan applications for over $285,000 in COVID-19 relief funds. Jason Lopez was charged with conspiracy to commit health care fraud and wire fraud, conspiracy to defraud the United States, and payment of kickbacks in connection with a federal health care program. Damilola Lawal and Idowu Raji were charged with multiple counts of conspiracy to commit wire fraud, wire fraud, aggravated identity theft, and related charges. This case was brought in Cleveland, Ohio. Ms. Hart pleaded guilty on April 6, 2022, and was sentenced on July 13, 2022 but the terms of her sentence are under seal. Joshua Argires was charged in a criminal complaint with making false statements to a financial institution, wire fraud, bank fraud, and money laundering. 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. Bernard Okojie was charged with conspiracy to commit wire and bank fraud, wire fraud, and money laundering conspiracy. The case was brought in Miami, Florida. 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. Majority of Paycheck Protection Program loans have been forgiven, SBA The case was brought in Beaumont, Texas. On June 7, 2021, Manuk Grigoryan pleaded guilty to bank fraud and aggravated identity theft. Martin Kao was charged with multiple counts of wire fraud and money laundering. The Government alleged that the father-son duo submitted fraudulent loan applications seeking over $550,000 in COVID-19 relief funds. The Government alleged that Mr. The case was brought in Ocala, Florida and his trial is currently scheduled for August 1, 2022. The Government alleged that Mr. Smith submitted fraudulent loan applications and obtained over $1 million in COVID-19 relief funds. The Government alleged that Mr. Smith submitted fraudulent loan applications and obtained over $600,000 in COVID-19 relief funds. No guarantees are made as to the accuracy of the data. Shaquandra Woods, Courtney Gilchrist, and Kenneth Jackson were charged with conspiracy to commit wire fraud, false statements on loan applications, and false documents. You can search and filter the list, but only flagged loans will be shown. On August 13, 2021, Mr. Fiedler was sentenced to 8 months in prison. Mr. Pan has pleaded guilty, and was sentenced to 20 months on March 15, 2022. On May 23, 2022 Mr. Duffield and Mr. Latourneau were sentenced to time served. Mukund Mohan was charged with several counts each of wire fraud and money laundering. 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. Ms. Jackson pleaded guilty to both counts. Timothy Williams was charged with conspiracy to defraud the United States. On September 3, 2021, he pleaded guilty. For the California case Mr. Sadleir pleaded guilty on March 16, 2022 and his sentencing date is scheduled for September 28, 2022. The case was brought in Milwaukee, Wisconsin. The case was brought in Boston, Massachusetts. PPP Loan List in Miami Beach, Florida - 6051 Businesses ATLANTA - Seventeen more individuals have been charged in connection with a fraudulent scheme to obtain approximately $11.1 million in Paycheck Protection Program (PPP) loans and to use those funds to purchase luxury vehicles, jewelry, and other personal items. The Government alleged that Mr. Benlevi submitted 27 fraudulent loan applications seeking $27 million in COVID-19 relief funds. The case was brought in Seattle, Washington. On March 10, 2022, Garibyan pleaded guilty to both charges and was sentenced to 3 years of probation on July 21, 2022. Find data and reports related to the Paycheck Protection Program (PPP). The Government alleged that Garibyan filed fraudulent loan applications seeking over $57,000 in COVID-19 relief funds for his home health agency, GMA Home Health, Inc., which was never operational during the pandemic. Karen Chapon was charged with bank fraud, false statement to a financial institution, and unlawful monetary transaction. Hunter VanPelt was charged with one count of bank fraud. The other defendants are scheduled for trial on September 20, 2022. The Government alleged that Doss submitted fraudulent loan applications seeking over $220,000 in COVID-19 relief funds. Ms. Walker has pleaded guilty. In February See Wook Chung was charged with fraud by wire, radio, or television. The Government alleged that Dr. Shibley submitted fraudulent loan applications seeking over $3 million in COVID-19 relief funds. PPP loans and fraud - the red flags that could have been spotted Amanda DuPont September 09, 2021 6 min Approximately $800 billion went out in the CARES Act's Paycheck Protection Program (PPP), providing nearly 12 million loans between April 2020 and May 2021 to U.S. businesses. Juliana Martins was charged with false statements and theft of government money. The case was brought in Atlanta, Georgia. Hunt pleaded guilty on August 31, 2020 and is scheduled to be sentenced on September 21, 2022. SBA Paycheck Protection Program Data Lookup - FederalPay Mr. Hayes was held accountable for obtaining over $240,000. PPP Loan Fraud Investigations - Federal Criminal Lawyers Quincy Doss was charged with two counts of wire fraud. The case was brought in New Orleans, Louisiana. The case was brought in Baltimore, Maryland. The case was brought in Miami, Florida. Ms. Kasali has pleaded not guilty. The Government alleged that Mr. Rivero, a tax preparer, submitted fraudulent loan applications seeking to obtain over 100 loans for $2.3 million in COVID-19 relief funds. On January 4, 2022, she was sentenced to 41 months in prison. Latoya Stanley and her partner, Johnny Philus were both charged with conspiracy to commit wire fraud. On December 14, 2021, Tranesha Quarterman pleaded guilty, and was sentenced to 17 months in prison on May 12, 2022. Mr. Dorceus pleaded guilty, and the sentencing date is to be determined. Red Flags: The First Year of COVID-19 Loan Fraud Cases - POGO Journalists: Thank you for using this database. 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. Jae Choi was charged with several counts of bank fraud, making a false statement on a loan application, money laundering, and aggravated identity theft, The Government alleged that Mr. Choi submitted fraudulent loan applications and obtained approximately $9 million in COVID-19 relief funds. The case was brought in Atlanta, Georgia. Ms. Miller has pleaded not guilty, and trial is scheduled for December 6, 2022. The case was brought in Norfolk, Virginia. She was sentenced to 41 months in prison. Arena submitted fraudulent loan application for ADA Auto Group LLC obtaining approximately $954,000 in COVID-19 relief funds. Malik Mitchum and Jenna Mitchum were charged with one count of conspiracy to commit wire fraud. The Government alleged that Mr. Crowther submitted fraudulent loan applications seeking over $2 million in COVID-19 relief funds. The case was brought in Houston, Texas. Mr. Hayford pleaded guilty to all the counts. Debra Hackstadt was charged with wire fraud. All defendants have pled guilty. The case was brought in Ft. Lauderdale, Florida. The Government alleged that Mr. Abramovs submitted fraudulent loan applications obtaining approximately $1,986,737.46 in COVID-19 relief funds. Tiyari Collins and Farah Collins were each charged by separate information with one count of conspiracy to defraud the United States, and Mr. Tiyari was also charged with one count of fraud and false statements based on his filing of fraudulent tax returns. The case was brought in Statesboro, Georgia. The Government alleged that Ms. Jackson submitted fraudulent loan applications seeking $2.5 million in COVID-19 relief funds. On October 12, 2021, Mr. Moller was sentenced to 70 months in prison. Mr. Fitzgerald pled guilty and was sentenced to 2 years probation on June 3, 2021. Mr. Santemores pleaded guilty on April 27, 2022, and was sentenced on July 25, 2022 but the terms of his sentence are under seal. Ms. Knox pleaded guilty on July 12, 2022, and her sentencing hearing is to be determined. Shanrika Duhart was charged with conspiracy to defraud the United States. The Government alleged that Mr. The Government alleged that Mr. Lewis orchestrated three different fraudulent schemes, including running a sham business offering pandemic-related goods, soliciting fees from businesses seeking non-existent relief grants, and submitting fraudulent loan applications to the SBA. 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. Jacinthia Williams was charged with one count of wire fraud. Woods and Gilchrist are both licensed attorneys. Anuli Okeke was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, bank fraud, and money laundering conspiracy. Fouzi Darakhshan pleaded guilty on May 31, 2022 and is scheduled to be sentenced September 16, 2022. He was sentenced to 57 months in prison on February 2, 2022. Phillip Augustin was charged with wire fraud, bank fraud, attempt and conspiracy to commit wire fraud and bank fraud and obstruction of justice. We update this list weekly with any new cases filed and/or key developments in cases already pending. On June 17, 2021, Mr. Argires pleaded guilty to one count of money laundering. 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. Ganell Tubbs was charged with two counts of bank fraud, loan application fraud, and money laundering. The defendants have pleaded not guilty, and the case is currently pending. It is also alleged that Ms. Ford-Victory received some kickback payments for submitting the claims. He was sentenced to 63 months in prison. 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. The Government alleged that Ms. Stanley and Mr. Philus submitted fraudulent loan applications seeking over $1 million in COVID-19 relief funds. The case was brought in Los Angeles, California. The Government alleged that Ms. VanPelt submitted fraudulent loan applications on behalf of six of her companies seeking almost $8 million in COVID-19 relief funds. On December 7, 2020, Mr. Goldstein pleaded guilty. The case was brought in Las Vegas, Nevada. The case was brought in Billings, Montana. Charmaine Redding was also charged separately and pleaded guilty to one count of conspiracy to commit fraud. Deon Levy and Abdul-Azeem Levy were charged with wire fraud and conspiracy to commit wire fraud. Mr. Mason pleaded guilty on January 4, 2022, and is scheduled to be sentenced on October 12, 2022. It is also alleged that all defendants are members or associates of the Woo Gang, which is based in Brooklyn. The case was brought in Green Bay, Wisconsin. The Government alleged that Mr. Hayford submitted fraudulent loan applications seeking $8 million in COVID-19 relief funds. Anthony Boncimino was charged with four counts of bank fraud, four counts of money laundering, and six counts of making false statements. Largest PPP Loan Recipients List Nationwide - FederalPay The case was brought in Philadelphia, Pennsylvania and it is currently pending. Princess Terry was charged with wire fraud, making false statements to a bank, and money laundering. Teamwork and Farms. Charmaine Redding was also charged separately and pleaded guilty to one count of conspiracy to commit fraud. Both defendants were sentenced to 21 months in prison in June 2022. The case was brought in Savannah, Georgia and it is currently pending. Ms. Norton pleaded guilty on November 12, 2020, and she is scheduled to be sentenced on November 10, 2022. Mr. McBreairty pleaded guilty and was sentenced to 2 years of probation, with the first 6 months to be served on home confinement. Artur Chanchikyan was charged with wire fraud, theft of government property and concealment money laundering. Eldabbagh pleaded guilty and is scheduled for sentencing on August 25, 2022. Northern District of Georgia | Twenty-two defendants charged in On January 31, 2022, Ms. Ford-Victory pleaded guilty to one count of wire fraud conspiracy. Austin Hsu was charged with one count 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 December 8, 2021, he was sentenced to 24 months in prison. 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. The case was brought in Providence, Rhode Island. The case was brought in Seattle, Washington. Date: December 8, 2021. Vinath Oudomsine was charged with one count of wire fraud. 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).