On September 14, 2021, he was sentenced to 32 months in prison. On September 1, 2020, Khalil Green pleaded guilty to one count of conspiracy to commit bank and wire fraud. The Government alleged that Ms. Duhart submitted fraudulent loan application for her company Hair She Goes, Inc, and obtained approximately $388,790.00 in COVID-19 relief funds. The Government alleged that Ms. Kasali submitted fraudulent loan applications and obtained more than $1.9 million in COVID-19 relief funds. The Government alleged that Mr. Kamgaing submitted fraudulent loan applications seeking $1.5 million in COVID-19 relief funds. On November 4, 2021, Mr. Bearden pleaded guilty. Vidal is scheduled for sentencing on July 19, 2022, George is scheduled for sentencing on August 16, 2022, Womble is scheduled for sentencing on August 23, 2022, and Sims is scheduled for sentencing on August 29, 2022. Called PPP for short, the program offered simple-to-get . The Government alleged that the father-son duo submitted fraudulent loan applications seeking over $550,000 in COVID-19 relief funds. 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 October 13, 2021, Mr. Blotnick pleaded guilty to one count of wire fraud and one count of money laundering. On August 3, 2021, Mr. Hayes was sentenced to 30 months in prison. When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Our federal defense lawyers are representing companies nationwide in PPP loan fraud audits and investigations during the COVID-19 crisis. He was sentenced to 80 months in prison on March 3, 2022. The Government alleged that the defendants submitted fraudulent tax documents to seek over $100,000 in COVID-19 relief funds. On May 12, 2021, Mr. Hines was sentenced to 78 months in prison. This field is for validation purposes and should be left unchanged. 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. The Government alleged that Mr. Criss submitted fraudulent loan applications through Criss Solutions, LLC obtaining approximately $173,990.00 in COVID-19 relief funds. Majority of Paycheck Protection Program loans have been forgiven, SBA He was found guilty on all charges at trial and was sentenced to 48 months in prison. These loans have been flagged by other users as potentially being fraudulent. Matthew Welch was charged with wire fraud. The case was brought in Brunswick, Georgia. The case was brought in Concord, New Hampshire. 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. Mr. Sah had pleaded guilty. Ms. Abbas pleaded guilty on February 1, 2022, and was sentenced to time served on May 19, 2022. Ms. Terry was sentenced to 65 months in the prior healthcare fraud scheme. However, the participation of FinTechs in the PPP may have led to increased incidents of fraud. Tarik Jaafar was charged with conspiracy against the United States and conspiracy to commit wire fraud. Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. On March 16, 2022, Mr. Boncimino was sentenced to 36 months in prison. All rights reserved. The Government alleges that the defendants engaged in a scheme where they obtained other peoples personal identifying information to apply for COVID-19 relief loans, which they obtained for people in exchange for kickbacks. The Government alleged that Hackstadt submitted fraudulent loan applications and obtained over $250,000 in COVID-19 relief funds. Wakefield, Darryl Washington, Katie Quarterman and India Middleton have a change of hearing plea scheduled on August 4, 2022. Samuel Davis was charged with bank fraud and money laundering. False Claims Act Case Tracker for Paycheck Protection Program - Dorsey ATLANTA Brandon Ridge has been sentenced for obtaining a $160,000 fraudulent loan from the Paycheck Protection Program ("PPP"), a portion of which he then used to purchase a Range Rover. PPP Loan Fraud Investigations Can Have Various . We have helped our clients avoid criminal charges, negotiate fair resolutions, and fight back in court against exaggerated allegations of fraud. The case was brought in Los Angeles, California. On December 7, 2020, Mr. Goldstein pleaded guilty. The case was brought in Norfolk, Virginia. 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. Bernadin pleaded guilty on June 22, 2022 and is scheduled to be sentenced on September 28, 2022. Mr. Shah has pleaded not guilty. Fraud lessons from 3 rounds of paycheck protection program Mr. Barosy has pleaded not guilty, and his trial is currently scheduled for September 12, 2022. Jonathan Olivetti was charged with one count of wire fraud. Mr. and Ms. Mitchum pleaded guilty on January 12, 2022 and are scheduled to be sentenced on July 29, 2022. April Falgoust was charged with one count of wire fraud. Casey Crowther was charged with multiple counts of bank fraud, making false statements on a loan application, and money laundering. Mr. Garcia pleaded guilty to one count of conspiracy to commit wire fraud on July 6, 2021. Rowlando Hatter, Jr. and Clyde Anthony Parker, Jr, were charged with conspiracy to commit mail and wire fraud, mail fraud and aggravated identity theft. On June 17, 2021, Mr. Rai was sentenced to 24 months in prison. The Government alleged that Mr. Brenizer submitted fraudulent loan applications and obtained $841, 000 in COVID-19 relief funds. The case was brought in Milwaukee, Wisconsin. Oumar Sissoko was charged with four counts of wire fraud. Jorge Abramovs was charged with bank fraud, false statement to a financial institution, and monetary transactions in criminally derived property. The Government alleged that Mr. Hines submitted fraudulent loan applications and obtained approximately $3.4 million in COVID-19 relief funds. The defendants have pleaded not guilty, and the case is currently pending. Both defendants were sentenced to 21 months in prison in June 2022. Ms. Wilson was sentenced to 12 months and 1 day in prison on March 23, 2022, and Mr. McLeods was sentenced to 30 months in prison on June 7, 2022. On August 4, 2021, Mr. Ridge pleaded guilty to one count of bank fraud. The Government alleged that Mr. Goldstein submitted fraudulent loan applications and obtained over $655,000 in COVID-19 relief funds. 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. 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. Martin Kao was charged with multiple counts of wire fraud and money laundering. 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. Jabari Ogbonna Edwards and Antwann Richardson were charged with attempt and conspiracy to commit mail fraud, fraud by wire, radio or television, statements or entries generally and money laundering. This site is not affiliated with the SBA or any other governmental body. Eldabbagh pleaded guilty and is scheduled for sentencing on August 25, 2022. 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 Beaumont, Texas. Paycheck Protection Program | U.S. Department of the Treasury The case was brought in Los Angeles, California. It is also alleged that Ms. Ortiz opened 10 bank accounts to steal over $600,000 in COVID-19 relief funds and launder the funds to her co-conspirator. PPP Loan Fraud Investigations - Federal Criminal Lawyers The Government alleged that that Ms. Williams submitted fraudulent loan applications seeking $137,500 in COVID-19 relief funds. The Government alleged that Mr. Pierre submitted fraudulent loan applications seeking $414,000 in COVID-19 relief funds. Chandra Norton was charged with one count of conspiracy to commit fraud. Ms. Hart pleaded guilty on April 6, 2022, and was sentenced on July 13, 2022 but the terms of her sentence are under seal. This case was brought in Aberdeen, Mississippi. On December 21, 2021, she was sentenced to 18 months in prison. The primary federal agencies that are currently conducting PPP loan fraud investigations are: 1. Ms. McConnell pleaded guilty to the charges on September 7, 2021. She was sentenced to 12 months and 1 day. Ms. Kasali has pleaded not guilty. Izzat Freitekh and Tarik Freitekh were charged with conspiracy to commit wire fraud, bank fraud scheme, money laundering, and other related charges. The Government alleged that Mr. Hamilton submitted fraudulent loan applications and obtained over $1 million in COVID-19 relief funds. Ms. Bain pled guilty and was sentenced to 24 months in prison on December 9, 202. Mr. Jordan and Mr. El have pleaded not guilty, and their cases are pending. Bryan Robinson was charged with wire fraud and engaging in transactions in unlawful proceeds. Lakisha Swope and Treisha Pearson were charged with conspiracy to defraud the United States, bank fraud, wire fraud, and money laundering. The case was brought in Los Angeles, California. On October 18, 2021, he was sentenced to 12 months and 1 day in prison. The case was brought in Las Vega, Nevada. The Government alleged that Ms. Tubbs submitted fraudulent loan applications and obtained almost $2 million in COVID-19 relief funds. The case was brought in Ft. Lauderdale, Florida. COVID relief PPP fraud probe includes over 50 employees in Cook County The case was brought in Newport News, Virginia. On November 1, 2021, he pleaded guilty to an information and was sentenced to 24 months on February 2, 2022. Christopher Mazzei and Erin Mazzei were charged with conspiracy to commit wire fraud, conspiracy to launder money and money laundering. The case was brought in Minneapolis, Minnesota. The Government alleged that the couple conspired to submit fraudulent loan applications seeking over $5.1 million in COVID-19 relief funds. Steven Jalloul was charged with one count of engaging in monetary transactions using property derived from unlawful activity. On November 9, 2021, Mr. Reuth pleaded guilty to one count of conspiracy to commit wire fraud, and he is scheduled for sentencing on December 12, 2022. 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 . The case was brought in Chicago, Illinois. Joseph Cartlidge, David Redfern, and Eric McMiller were charged with multiple counts of wire fraud, bank fraud, and attempt and conspiracy to commit fraud. The case was brought in Tulsa, Oklahoma. And these cases are just the beginning. Tiara Walker was charged with conspiracy to commit wire fraud and bank fraud, wire fraud, and bank fraud. Investigations by the DOJ and U.S. Christopher Hayes was charged with making a false, fictitious, or fraudulent claim to the Government. The case was brought in Seattle, Washington. Ms. Misseldine has not been indicted at this time and the case is currently pending. Mr. Knight has pleaded guilty on March 25, 2022, and his sentencing date is to be determined. 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. On September 3, 2021, he pleaded guilty. The Government alleged Edwards and Richardson submitted fraudulent loan applications obtaining 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. | Frequently Asked Questions , by Moiz Syed and Derek Willis, July 7, 2020. The Government alleged Mr. Hollis knowingly devised and participated in a scheme to defraud the State of Georgia, the Department of Labor, and the United States to obtain money. Aaron Ashcraft was charged with several counts of wire fraud and bank fraud. On July 28, 2021, Mr. Lewis pleaded guilty to mail fraud and he was sentenced to 115 months. On October 21, 2021, Mr. Kindambu was sentenced to 33 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. Ortiz fraudulently obtained Social Security benefits and COVID-19 unemployment benefits with an individual she met through an online dating site. All the other defendants have pleaded not guilty, and their cases are pending. Mr. Smith pleaded guilty to one count of bank fraud. Antonio Hosey was charged with conspiracy to defraud the United States. 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). Thomas Smith was charged with bank fraud and money laundering. William Nicoloff, Jr. was charged with bank fraud and unlawful monetary transactions. Ms. Durhart was sentenced to 96 months in prison on June 23, 2022. The case was brought in Los Angeles. The Government alleged that Mathews submitted 38 fraudulent loan applications obtaining over $1 million in COVID-19 relief funds. Se Habla Espaol, 101 Marietta Street NWSuite 3300Atlanta, GA 30303(404) 223-3310, 2022 by The Church Law Firm LLC. On December 10, 2021, Mr. Bellamy was sentenced to 37 months in prison. Curtis and Dereen Porch were charged with three counts of wire fraud and one count of theft of government property. Mr. Lewis pleaded guilty to all counts. The Government alleged that the defendants conspired to submit fraudulent loan applications and obtain over $3 million in COVID-19 relief funds. Which Federal Agencies Investigate PPP Loan Fraud? On December 3, 2020, Mr. Fiedler pleaded guilty to conspiracy to commit wire fraud. Rahul Shah was charged with bank fraud, making false statements on a loan application, and identity fraud. 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. Mason pleaded guilty on January 4, 2022, and is scheduled to be sentenced on October 12, 2022. This case was brought in Portland, Oregon. Attorneys, including the Fraud Section, have resulted in a variety of charges, including wire fraud (18 U.S.C. 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. PDF Sba'S Handling of Potentially Fraudulent Paycheck Protection Program Loans Mr. Gautreaux pleaded guilty to one count of making false statements to a financial institution. Contact the PPP Loan Fraud Defense Lawyers at Oberheiden P.C. 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. Kyle Brenizer was charged with several counts of wire fraud, money laundering, and aggravated identity theft. Michael McGee, Jr. was charged with attempt and conspiracy to commit fraud, multiple counts of wire fraud, and interstate commerce. The case was brought in Alexandria, Virginia. 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. Brandon Casutt was charged with making false statements to a bank, wire fraud, bank fraud, and money laundering. The case was brought in Miami, Florida. The Government alleged that Mr. Olugbuyi submitted fraudulent loan applications seeking $400,000 in COVID-19 relief funds. 3. The Government alleged that the defendants conspired to submit over 150 fraudulent loan applications seeking almost $22 million in COVID-19 relief funds. She was sentenced to time served, approximately 3 months in prison. Both Christopher and Erin Mazzei pleaded not guilty and are scheduled for trial on August 9, 2022. The Government alleged that the brothers submitted fraudulent loan applications seeking almost $7 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. The Government alleged that Mr. Shah submitted fraudulent loan applications seeking more than $3 million in COVID-19 relief funds. 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. On August 9, 2021, Mr. Cartlidge pleaded guilty to one count of attempt and conspiracy to commit fraud. Mr. Williams pleaded guilty on October 13, 2020, and his sentencing has not been scheduled. The Government alleged that Mr. McLeod and Ms. Wilson submitted fraudulent loan applications seeking $1 million in COVID-19 relief funds. Levelle Harris was charged with 14 counts of wire fraud. The Government alleged that Mr. Benlevi submitted 27 fraudulent loan applications seeking $27 million in COVID-19 relief funds. There are, of course, many other CARES Act fraud investigations currently pending that may later result in criminal charges. The Government alleged that Mr. Thomas recruited the other defendants to submit fraudulent loan applications on behalf of fourteen different businesses, which did not have any employees or business expenses, seeking over $12 million in COVID-19 relief funds. All the other defendants have pleaded not guilty. The case was brought in Atlanta, Georgia. Arena submitted fraudulent loan application for ADA Auto Group LLC obtaining approximately $954,000 in COVID-19 relief funds. 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. Frank Hamilton, Michael Jones, Peter An, Edwin Bonilla, Tina Chen, Joseph Greco, Timothy Park, and Kenny Tran were charged with wire fraud conspiracy. The Government alleged that Mr. Dorceus owner of Elevate Horizons submitted fraudulent loan applications obtaining approximately $300,000 I COVI-19 relief funds. The case was brought in Providence, Rhode Island. The case was brought in Detroit, Michigan. On February 3, 2022, she was sentenced to 44 months. Mr. Hollis has pleaded guilty and was sentenced to 30 months in prison on March 23, 2022. The Government alleged that Mr. McBreairty inflated his payroll to obtain 3 separate loans and misused over $55,000 in COVID-19 relief funds. Fraudulent Loans List :: PPP Detective Fraudulent Loans List These loans have been flagged by other users as potentially being fraudulent. PPP Loan Investigations: What's On The Horizon for Banks?