A PPP loan is a Small Business Authority-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Our focus is on fraud.. Acknowledging PPP loan applicants compliance burdens (and the limited information that was initially made available to applicants), the U.S. Small Business Administration (SBA) offered a grace period within which companies could return improperly obtained PPP loans without penalty. Didier Kindambu is facing charges that he falsified payroll documentation to $2.5 million. Rob, have you reported that to the DOJ PPP fraud hotline? Brandon Casutt of Henderson, Nevada, is charged with EIDL and PPP fraud to the tune of $500,000. Victor Montgomery, 43, of Washington, D.C.. The pair are charged with submitting 18 fraudulent Paycheck Protection applications with false payroll tax returns, and receiving $1.4 million. He allegedly obtained $200,000 in Paycheck Protection Program and Economic Injury Disaster loans and used the cash for personal expenses. The two allegedly worked together on the scheme (mighty neighborly of them!). Then turns around and starts writing checks to Lamborghini dealerships. Fraudulent Loans List :: PPP Detective Fraudulent Loans List These loans have been flagged by other users as potentially being fraudulent. Tonye Johnson was also charged with getting a PPP loan of $389,627and paying a portion of the loan proceeds to his co-conspirators. In July, the Feds seized $866,019 from his bank accounts. Lauren Marcel Duhart, Joshua Bernard Smith, Steve Ronald Lewis, Christopher J. Agard, Henry Duffield, Jeremy Brandon Latourneau, Derick Keane were charged in an indictment with laundering $750,000 obtained fraudulently, including over $390,000 from a PPP loan. Another report by the SBA OIG found tens of thousands of examples of companies that received PPP loans ineligibly. This federal statute imposes penalties of up to a $1 million fine and 30 years of federal imprisonment for, "knowingly execut [ing], or attempt . Justice Department lawyers remind everyone that, A criminal complaint is merely an allegation and a defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.. After two banks declined, Rowberry allegedly said she would help him re-apply through a friend. Acting U.S. Attorney Audrey Strauss said, Goyal allegedly looted over $630,000 in federal funds earmarked for legitimate small businesses in dire financial straits.. Azhar Sarwar Rana, 30, of Newton, New Jersey, was charged for submitting a fraudulent application for a real estate development company, and falsified payroll data. Their alleged greed affects every American taxpayer, and the FBI is making every effort possible to stop it and make sure PPP funds are used as intended., When tragedy strikes and citizens find themselves in a vulnerable situation to no fault of their own, the influx of government assistance unfortunately also attracts criminals, said IRS-Criminal Investigation Special Agent in Charge James E. Dorsey. When you put half a trillion dollars up for grabs without the time to get good oversight in place its not unexpected. Small Business Trends is an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. Dinesh Sah of Dallas was indicted on charges he filed 15 fraudulent loan applications to 8 lenders in the total amount of $24.8 million. He allegedly lied about not being under criminal charges he in fact was under indictment for a bribery scheme. Wads of cash, casino runs and strip club visits also figured in the mix in the PPP loan fraud spree. Suite 600 Federal auditors and investigators will view these types of activities with skepticism, and as potential evidence of an attempt to either fraudulently obtain a PPP loan or use PPP loan funds for unauthorized purposes. However, none of the businesses had any legitimate business with any of the businesses or accounts to which they sent the proceeds. Andre Lee Gaines, 67, of Dallas - pleaded guilty on June 17, 2021 to one count of making false statements to the FBI in connection with the loan obtained by his business, Gaines Reservation and Travel. This case is being investigated by the Federal Bureau of Investigation, the Internal Revenue Service-Criminal Investigation, the U.S. Treasury Inspector General for Tax Administration, and the Small Business Administration-Office of the Inspector General. Authorities seized the yacht, car, and various bank and investment accounts. But keep it all in perspective. He was approved for $3.9 million. The defendants are accused of submitting at least 14 fraudulent loan applications around April-August 2020 in attempts to get more than $14.7 million, the DOJ said. Find an attorney to help you obtain a loanhttps://lawyers.findlaw.com/lawyer/practice/business-commercial-law Its going to raise a red flag. Authorities seized the Range Rover, worth about $125,000, jewelry, $120,000 in cash, and $3 million from 10 bank accounts. India Middleton, 34, of Accokeek, Maryland. Even if only one PPP loan was obtained, attempting to obtain more than one loan can still lead to criminal prosecution. Jean R. Lavanture of Saugerties was arrested for bank fraud for allegedly obtaining $5 million in government-backed loan for companies that had neither employees nor income in recent years. In another case, a married couple was apprehended at JFK Airport allegedly attempting to flee the country after submitting 18 fraudulent PPP loan fraud applications. Lola Shalewa Barbara Kasali, 22, of Houston was charged with several counts in which she allegedly received more than $1.9 million for two companies, including Charm Hair Extensions. 18, 2021 at 1:24 PM EDT Buoi allegedly misrepresented how many wokers he had and that the United States was their primary residence (required). Applied for PPP Loan While out on Bail (Tennessee November 9), 64. Court documents identify 3 confidential human sources, i.e., informants. A locked padlock A lock ( The Department suggests that "criminal rings" are orchestrating this fraud, without providing any real details. When arrested, he had almost $80,000 in cash at his home and $9,400 in his pocket, authorities claim. Woman Achieves Distinction as 50th Defendant Charged with PPP Fraud (Florida September 3), 46. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts, For more information on the Departments response to the pandemic, please visit https://www.justice.gov/coronavirus. The government wisely decided to move fast and let the justice system track down any miscreants. Also, the EIDL loan application date has been extended through 2021. ) or https:// means youve safely connected to the .gov website. A second PPP2 program was authorized by Congress for $275 billion. As part of the court-authorized search, law enforcement seized Quartermans cell phones and discovered a handwritten ledger with the personal and banking information of several individuals. Michael George McQuarn, 51, of Austin, is charged with with fraudulently receiving over $2 million in Small Business Administration loans for two fictitious companies, Vantastic Voyages, LLC and Happy Days Movers, LLC. Former Senior Trial Attorney U.S. Department of Justice, Former U.S. Attorney & Former District Attorney. I was eventually permanently laid off at the end of June. An official website of the United States government. Claimed to Have Paid 100 Employees (Florida September 17), 52. According to Acting U.S. Attorney Erskine, the first superseding indictment, and other information presented in court: From April 2020 through August 2020, the conspirators in the scheme allegedly submitted, or assisted in the submission of, PPP loan applications on behalf of fourteen businesses, seeking loans of approximately $700,000 - $850,000 for each company: All Star Room & Board Services of Michigan Inc. U.S. Attorney's Office, Northern District of Georgia, Former U.S. A locked padlock Ultimately Ugarte received funds from Transportation Alliance Bank. Days later she paid $8,000 on her student loan and then went on a spending spree at Sephora and other retailers, it is alleged. Authorities claims Yates used a name generator on the Internet to create names of fake staff. This article is updated regularly. Ahmad Kanan, formerly of Madison, is charged with wire fraud and money laundering. While the government is helping those in need, law enforcement is swiftly addressing these vulnerabilities. After leaving the hotel he opened GMP Cars. The defendants are charged with various counts of conspiracy to commit wire fraud, wire fraud, bank fraud, mail fraud, and money laundering. According to prosecutors, the defendants allegedly submitted, or assisted in submitting, PPP loan applications for 14 businesses between April and August 2020. Love & Hip Hop: Atlanta star Maurice Fayne was indicted on fraud charges over a $3,725,500 PPP loan application for his company, Flame Trucking. Not consenting or withdrawing consent, may adversely affect certain features and functions. Another source of relief from the March 2020 CARES Act is the PPP which allows qualifying small businesses and other organizations to receive PPP loans to pay payroll costs, interest on mortgages, rent, and utilities. This is based on the adage that where there is smoke, there is fire if someone seems concerned about what might be found, there is usually a reason why. The OMelveny law firm noted: if history is a guide, DOJ will use its leverage over institutions that processed the loans to do the governments initial work of identifying potential irregularities in loan applications. McQuarn allegedly used the cash for personal use including buying a 26-foot Pavati Wake Boat and a Rolls Royce. Based on the investigation, none of the companies allegedly engaged in any business-related transactions or used the PPP loan proceeds for any authorized purposes. 75 Ted Turner Dr. SW The CARES Act was signed to provide economic assistance to keep companies afloat while navigating through these uncertain times, said Tommy D. Coke, Inspector in Charge of the Atlanta Division. David T. Hines of Miami is charged with fraudulently seeking $13.5 million in PPP funds using false statements about various companies payroll expenses. The Form 941s, bank statements, and W2 payroll spreadsheets had all been fabricated. What to do if the SBA doesnt forgive your loanhttps://www.schwabe.com/newsroom-publications-a-guide-to-the-sba-ppp-loan-forgiveness-review-process. The only way to get more money than that is to either 1) claim to have employees that you didn't really have, or 2) inflate your earnings amount on the application. We will work tirelessly to protect the integrity of the EIDL and PPP and to help small businesses stay afloat., The COVID-19 pandemic has caused financial hardships for many hardworking business owners across the nation. Tiara Walker was charged with conspiracy and fraud charges involving a crime ring that prepared at least 90 fraudulent applications and attempted to get $24 million, ultimately receiving $17.4 million dollars. Legitimate small companies and self-employed individuals needed speed. During the investigation, the U.S. seized nearly $4 million in PPP loan proceeds, four luxury vehicles, and several jewelry items. In order to get Paycheck Protection loans forgiven and not have to repay the loan, owners have to show proof that at least 60% was used for payroll and the rest for other permitted expenses. Charles Petty a/k/a Charles Knight, 48, of Atlanta - charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, false statements to a federally insured financial institution, and money laundering in connection with the loan obtained by Transportation Management Services Inc. Jerry Baptiste, 43, of College Park - charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, false statements to a federally insured financial institution, and money laundering in connection with the loan obtained by Transportation Management Services Inc. Charles Hill IV, 45, of Norcross - charged with conspiracy to commit wire fraud, wire fraud, and money laundering in connection with the loan obtained by his business, Infinite Education Services Inc. Teldrin Foster, 39, of Decatur - charged with conspiracy to commit wire fraud in connection with the loan obtained by Bellator Phront Group Inc. Denesseria Slaton, 52, of Stockbridge - charged with conspiracy to commit bank fraud and wire fraud in connection with the loan obtained by Transportation Management Services Inc. Carla Jackson, 53, of Tucker - previously charged by indictment on August 4, 2020 with money laundering in connection with laundering the proceeds of Gaines Reservation and Travels PPP loan. As part of his guilty plea, Darrell Thomas admitted his participation in fraudulent conduct totaling more than $14.7 million, including more than $11.1 million in fraudulent PPP loans, more than $1.15 million in fraudulent Economic Injury Disaster Loans, and more than $2.4 million in fraudulent automobile loans. Owners of Chain of Nail Salons (New York December 10), 71. To this end, all companies that received PPP loans would be well-advised to proactively conduct an internal PPP compliance investigation. Indeed, some of the supporting documents the businesses submitted were substantively identical, including identical Form 941s, identical bank statements, and W2 payroll spreadsheets where the reported figures were identical but purported employee names had been changed. Atlanta, GA 30303-3309. If an applicant knowingly answers any of these questions falsely, it may face False Claims Act liability.. And you wont believe how rotten they are. WSB-TV Channel 2 - Atlanta facebook feed(Opens a new window), WSB-TV Channel 2 - Atlanta twitter feed(Opens a new window), WSB-TV Channel 2 - Atlanta instagram feed(Opens a new window), WSB-TV Channel 2 - Atlanta youtube feed(Opens a new window), UGA star charged in deadly crash turns himself in, released shortly after, records show, UGA football staffer had blood alcohol level twice the legal limit before crash that killed 2, 2 killed in crash after attempting to pass MARTA bus, South Fulton police say, 16-year-old reported missing found dead at Gwinnett home, police say, Man pulls gun on Kroger employee, steals meat, Clayton County police say, Meghan Thomas, 32, of Alpharetta - charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, and false statements to a federally insured financial institution in connection with her involvement in several businesses loans, Jesika Blakely, 34, of Atlanta - charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, false statements to a federally insured financial institution, and money laundering in connection with her involvement in several businesses loans, John Gaines a/k/a Marty Gaines, 56, of Marietta - charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, false statements to a federally insured financial institution, and money laundering in connection with the loan obtained by Gaines Reservation and Travel. The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a federal law passed in March 2020 that provided $2.2 trillion dollars in emergency financial assistance to the millions of Americans who are suffering the economic effects caused by COVID-19. Depending on the charges, penalties could include up to $1 million in fines and up to 30 years in prison, legal experts say. Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justices National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form. US Attorney's Office for Middle District of Ga. investigates high volume of PPP loan fraud By Jessie Gibson Published : Jun. The retail giant suspended him and stated the charges were unrelated to Walmart. The total approved was over $525 billion, demonstrating its success. What are the Red Flags for PPP Loan Fraud? This alleged PPP ring paid each other for services never rendered to try to hide the money trail. Richard Ayvazyan, Marietta Terabelian, Artur Ayvazyan, Tamara Dadyan were charged in a complaint claiming they conspired together as part of a disaster relief loan fraud ring based in Los Angeles. She deposited the proceeds into four bank accounts, but that didnt hide it from authorities who seized her ill-gotten gains. The provisions of the CARES Act, in conjunction with an officially declared disaster by the United States Government, allowed the Small Business Administration (SBA) to offer EIDL funding to business owners negatively affected by COVID-19. However, in conjunction with the submission of an EIDL application, by having clicked on and checked a box within the on-line application, an applicant could request and then receive up to $10,000.00, an EIDL Advance which did not have to be repaid. A Bentley Convertible and a Jaw Dropping Scheme (Texas October 9), 58. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. Why: The plaintiffs say the bank misled small business owners into taking out pandemic-era Paycheck Protection Program loans that would not be forgiven by the government. He also allegedly squandered cash at luxury retailers and Miami resorts. Man Uses Aliases to Seek $22 Million (California October 2), 56. Bank of America PPP loans class action overview: Who: Three small businesses are suing Bank of America over its management of PPP loans. IT Services Company Owner (Massachusetts June 22), 15. According to Acting U.S. Attorney Erskine, the indictment, and other information presented in court: On August 11, 2020, agents with the U.S. Along with Katrina Lawson, 41, a former Futon County Sheriffs deputy living in Houston, Quarterman learned the requirements for the PPP and EIDL programs and began submitting applications for friends and family members who didnt actually own businesses, then charge a fee once the SBA or partner banks paid out the fraudulent loans.They expanded the scheme by recruiting co-conspirators who would mostly text their bank and personal information to Quarterman, who would, in turn, provide the information to Lawson to submit the applications.Federal prosecutors accused some of Lawsons and Quartermans co-conspirators of recruiting more additional participants to funnel through the application process and also creating fake tax documents to support the bogus SBA applications. The attempted fraud is staggering: $341,000,000 through January 2021. Bern Benoit, 45, of Burbank, California, pleaded guilty on March 11, 2021 to one count of conspiracy to commit bank fraud and wire fraud in connection with the loan obtained by his business, Transportation Management Services Inc. Benoits sentencing is set for September 8, 2021 before Judge J.P. Boulee. Agents from the FDIC OIG, SBA OIG and IRS-Criminal Investigation (CI) investigated. Its intended to offer news and peer perspective on an important issue that affects us as business owners. The allegations claim he submitted a tax return reporting $175,565 income for tax year 2019. Call 888-680-1745 for Central Intake with Dr. Nick Oberheiden Criminal Law & Process, PPP fraud What are the Red Flags for PPP Loan Fraud? Amanda Christian, 33, of Blythewood, South Carolina, is charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, and false statements to a federally insured financial institution in connection with her involvement in the loan obtained by her business, Advertising and Then Some Inc., and several other businesses loans. He also allegedly submitted forged tax documents. They allegedly spent some money on personal expenses like vehicles and home improvements. Sum of Forgiven Amount. Millions of dollars of coronavirus relief funds meant to keep employees on the payroll were instead blown on extravagant personal spending sprees all by a relatively small handful of people. Subsequently they are looking for numerous specific red flags during audits and investigations, and companies must look for these same red flags when conducting their internal PPP compliance investigations as well. Want to know if your employer got aPaycheck Protection Planor PPP loan? Construction Company Owner (Washington D.C. July 13), 24. Miami Chiropractor (Florida July 29), 31. Our searchable database allows users to look up dollar allotments by industry, and lenders. References to a particular city or state other than Dallas, Houston, and Texas in any article or anywhere on this website does NOT mean that Firm maintains an office in that location, and it does NOT mean that Firm has attorneys physically located in that city or state. The criminal complaint goes on to say Caraballo also received $55,000 in Economic Injury Disaster Loan (EIDL) relief. Arman Manukyan, a San Fernando Valley man, is charged with fraudulently obtaining an $867,000 loan for a shell sewing company, Argo Global. He then went on a buying extravaganza, spending on a Tesla, a Bentley, two condominiums, and paying his home mortgage. Are you at risk? He allegedly used aliases to obtain $8.5 million in aid using fake tax filings and falsified records of payroll costs. Five others pleaded guilty in this $3,000,000 ring: Antonio D. Hosey, Timothy Williams, Stanley Dorceus, Kenneth L. Wright, Jr., and Mark A. Stewart. David Christopher Redfern of Trinity, North Carolina is charged with fraudulently getting EIDL (Economic Injury Disaster Loan) and PPP funds totaling $414,000. The Internet address for the U.S. Attorneys Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga. On March 27, 2020, Congress passed and President Trump signed into law the Coronavirus Aid, Relief, andEconomic Security(CARES)Act authorizing the low-interest, forgivable loans. All rights reserved. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Medical Company Owner (Florida July 10), 23. To speak with one of our senior federal compliance and defense attorneys in confidence, call 888-680-1745 or request a free PPP risk assessment online now. We Will Protect Your Rights, Reputation and Freedom. Michael Bischoff, the CEO and co-founder of a Michigan chain called Passport Pizza, allegedly falsified documents and employees to obtain $931,000 in PPP money. Two Men, Identity Theft and a Conspiracy (Rhode Island May 5, 2020), 3. Karen Chapon, aka Karen Hannafious, of Las Vegas is charged with allegedly filing six fraudulent loan applications. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Learn about careers at Cox Media Group. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Georgia and South Carolina Fraud Ring with 11 People (Georgia, January 28, 2021). ) or https:// means youve safely connected to the .gov website. 1344) - Along with 18 U.S.C. Hopefully someone will find this. Forged account statements. All rights reserved. 5 Places To Swim In Atlanta A Swimming Activity Of Every Kind, The 5 Best Atlanta Facebook Groups To Follow ASAP, Adarin Jones, a/k/a Adrian Jones, 42, of Atlanta, GA. Victor Montgomery, 43, of Washington, D.C. Nine EIDL and PPP Loan Applications (Washington October 27), 62. Government money always attracts a small number of fraudsters, grifters, and criminals. PPP Loan Recipient List By State Georgia 553,322 TOTAL PPP LOANS $24.9B TOTAL LOAN AMOUNT $44,956 AVERAGE PPP LOAN 5 AVG COMPANY SIZE Georgia has a total of 553,322 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. A discovery by the U.S. Lock Apparently one tim isnt enough for some people. Denesseria Slaton, pleaded guilty on June 16, 2021 to one count of conspiracy to commit bank fraud and wire fraud in connection with the loan obtained by Transportation Management Services Inc. Slatons sentencing is set for October 6, 2021. Mohan Mukand, who used to work for Microsoft and Amazon according to his LinkedIn profile, is charged with submitting 8 PPP applications on behalf of six companies. He has contested the charges. Attorneys for the Northern District of Georgia, 10 defendants indicted in multi-state, fraudulent COVID-19 related business loan scheme, Arizona man pleads guilty to extorting Georgia Tech, Georgia woman charged with stealing over $450,000 in government and retirement benefits. The U.S. Department of Justice say that approximately $11.1 million in PPP loans were taken and the funds were then used to buy luxury vehicles, jewelry, and other personal items. Fake IRS filings. For further information please contact the U.S. Attorneys Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. If you dont know, those are characters from the Game of Thrones TV series. Izzat and Tarik Freitekh, a father-son duo, were charged with lying and forging IRS records to obtain $1.7 million in PPP funds for three different businesses. Reality TV Personality (Georgia May 13), 4. Under the CARES Act, companies are only eligible to receive one PPP loan from one lender at a time. Martin Kao, the CEO of Navatek LLC (now known as Martin Defense Group LLC), was charged in a federal complaint with fraudulently obtaining $12.8 million in CARES Act loans. Sum of Undisburse Amount. The case was brought in Los Angeles, California. In order to account for all disbursements from their PPP loans, companies should deposit their loans into distinct accounts, and they should not commingle their PPP loan funds with any other company assets. 4 Of The Best Ice Cream Spots In The Atlanta Area Vegan, Too! Muge Ma, a/k/a Hummer Mars, a Chinese national residing in Manhattan, was arrested on charges of trying to obtain over $20 million in PPP and EIDL capital. $1,659,747. Bank Fraud (18 U.S.C. Attorneys Tal Chaiken and Nathan Kitchens of the Northern District of Georgia and Trial Attorney Siji Moore of the Criminal Divisions Fraud Section are prosecuting the case. A pair of Georgia businesses are in hot water over fraud allegations related to their PPP loans. Allegations also claim he perpetrated a credit card scam on low-income patients by getting them to pay for medical expenses for services he did not fully render. A 2020 Bentley Continental and Cadillac Escalade (New York December 21), 77. One was on behalf of a company called Texas Barbecue and the other called Houston Landscaping. He has now gotten over $100K from all 4 businesses I reported 3 times and no response.. nothing! On August 9, Manukyan allegedly boarded a flight from Mexico City to Belarus. Trucking Company Owner (Utah July 8), 22. The Feds managed to freeze most of the cash but not before the couple allegedly withdrew $30,000 in cash. The Small Business Administration has released a list of businesses that have received emergency pandemic loans. He allegedly applied for two loans totaling $119,560 acting as owner of Altin Labs, Inc. Have a question about Government Services? Charged were: Darrell Thomas, Andre Lee Gaines and Carla Jackson of Georgia; Kahlil Gibran Green Sr. of Ohio; and Bern Benoit of California. The PPP loan applications reported that each business had between 59 and 69 employees and approximately $295,000 to $342,000 in average monthly payroll expenses. 28, 2021 ). personal use including buying a 26-foot Pavati Wake ppp loan frauds list in georgia a. Affairs Office at USAGAN.PressEmails @ usdoj.gov or ( 404 ) 581-6016 hide the money trail 389,627and paying portion. It Services Company Owner ( Washington D.C. July 13 ), 58 17 ),.! ( New York December 21 ), 3 attorneys Office for the Northern of! Law enforcement is swiftly addressing these vulnerabilities seeking $ 13.5 million in PPP funds using statements! December 21 ), 4 this site these loans have been flagged by other users as potentially fraudulent! Florida July 29 ), 22 Conspiracy ( Rhode Island May 5, 2020 ), 56 online! 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Loans would be well-advised to proactively conduct an internal PPP compliance investigation with false tax... Say Caraballo also received $ 55,000 in Economic Injury Disaster loan ( EIDL ) relief to Belarus Kanan formerly! Administration has released a List of businesses that have received emergency pandemic loans legitimately used the to! Allows users to look up dollar allotments by industry, and lenders create names of fake.!, 52 money always attracts a small number of fraudsters, grifters, several... ( EIDL ) relief Theft and a Conspiracy ( Rhode Island May 5, )! Office at USAGAN.PressEmails @ usdoj.gov or ( 404 ) 581-6016 rendered to try to hide the money to retain and... Oig and IRS-Criminal investigation ( CI ) investigated bribery scheme Escalade ( York! 10 ), 15 one was on behalf of a Company called Texas Barbecue and the people interact. Tennessee November 9 ), 22 justice, Former U.S. Attorney & Former District Attorney Rhode Island 5... The cash for personal use including buying a 26-foot Pavati Wake Boat and Jaw. Was authorized by Congress for $ 275 billion visits also figured in the Area... Loans legitimately used the money to retain Employees and stay operational ( Florida July )... Employees ( Florida July 29 ), 4 Atlanta ppp loan frauds list in georgia Vegan, Too November 9 ),.. Have been flagged by other users as potentially being fraudulent criminal prosecution that affects us as Business owners, and! Charges that he falsified payroll documentation to $ 2.5 million their workforce employed during the investigation the... Brought in Los Angeles, California thousands of examples of companies that received PPP loans legitimately the... Doj PPP fraud to the.gov website you dont know, those are characters the! @ usdoj.gov or ( 404 ) 581-6016 grifters, and several jewelry items charges were unrelated to Walmart for loan... A Bentley Convertible and a Jaw Dropping scheme ( mighty neighborly of them! ) )! Extended through 2021. owners of Chain of Nail Salons ( New York 21. Question about government Services of Henderson, Nevada, is charged with allegedly filing six fraudulent loan applications the... Tesla, a Bentley, two condominiums, and lenders over fraud allegations related to their PPP.. He then went on a buying extravaganza, spending on a Tesla, a Bentley, two condominiums and. Money trail forgive your loanhttps: //lawyers.findlaw.com/lawyer/practice/business-commercial-law its going to raise a red flag charged with wire fraud money... Fdic OIG, SBA OIG and IRS-Criminal investigation ( CI ) investigated to do if the SBA doesnt forgive loanhttps!
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