List of PPP Loan Fraud Cases. The Government alleged that Ms. Norton submitted fraudulent loan applications seeking over $7.7 million in COVID-19 relief funds. PPP data Ms. Chapon has pleaded not guilty, and her trial is scheduled for August 8, 2022. Rocco Americo Malanga was charged with wire fraud, bank fraud, and money laundering. On September 27, 2021, he was sentenced to 30 months in prison. The case was brought in Honolulu, Hawaii. The case was brought in Dayton, Ohio. Jones pleaded guilty on June 1, 2022 and is scheduled to be sentenced on September 27, 2022. Mr. McCants pleaded guilty on June 6, 2022 and is scheduled for sentencing on September 9, 2022. The case was brought in Los Angeles, California. This case was brought in Boise, Idaho. The case was brought in Ocala, Florida and his trial is currently scheduled for August 1, 2022. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole Proprietorship 11.5M. 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. The Government alleged that Ms. McConnell submitted fraudulent loan applications seeking over $232,000 in COVID-19 relief funds. Mr. Criss pled guilty and was sentenced to 10 months in prison on November 1, 2021. Mr. Cherry pleaded guilty to one count of wire fraud and one count of theft of government property. He is scheduled to be sentenced on August 15, 2022. Mr. Lewis is scheduled for sentencing on July 27, 2022. Tarone La Dale Woods was charged with false statements. Paycheck Protection Program | U.S. Department of the Treasury It is alleged that the scheme between Ms. Ortiz and her co-conspirator has affected at least 23 victims. The case was brought in Dublin, Georgia. Gurgen Israyelyan was charged with 3 counts of theft of government property. The Government also alleged that Jalloul would charge the clients a 2-20% commission on the loans they received. Arena submitted fraudulent loan application for ADA Auto Group LLC obtaining approximately $954,000 in COVID-19 relief funds. The case was brought in Houston, Texas. Mr. Gautreaux pleaded guilty to one count of making false statements to a financial institution. The case was brought in Atlanta, Georgia. 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 case was brought in Ft. Lauderdale, Florida. The case was brought in Memphis, Tennessee. The Government alleged that Mr. Okojie submitted at least 8 fraudulent loan applications for companies that did not exist seeking millions in COVID-19 relief funds. The Government alleged that Mr. Mancieri filed 8 fraudulent loan applications seeking over $337,000 in COVID-19 relief funds. On November 1, 2021, he pleaded guilty to an information and was sentenced to 24 months on February 2, 2022. 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. SBA-OIG Investigations Relating to PPP Loan Fraud 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. Stanley Dorceus was charged with conspiracy to defraud the United Sates. On October 12, 2021, Mr. Moller was sentenced to 70 months in prison. The case was brought in Tulsa, Oklahoma. Called PPP for short, the program offered simple-to-get . The case was brought in Atlanta, Georgia. Mr. Schampers is scheduled for trial on September 26, 2022. Jorge Abramovs was charged with bank fraud, false statement to a financial institution, and monetary transactions in criminally derived property. 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. The case was brought in Buffalo, New York. Petty was sentenced to serve 12 months and 1 day in prison. Mr. Yates pleaded guilty on May 6, 2022, and sentencing has not been scheduled. "The two operating components of the [SBA-OIG] are the Auditing Division and the Investigations Division. The Government alleged Mr. Stewart submitted fraudulent loan application through The Infinity Group of SC, LLC to obtain approximately $300,000.00 in COVID-19 relief funds. The case was brought in Minneapolis, Minnesota. Ms. Miller has pleaded not guilty, and trial is scheduled for December 6, 2022. Tracking PPP: Search Every Company Approved for Federal Loans - ProPublica The Government alleged that Mr. The case was brought in Brooklyn, New York. We have helped our clients avoid criminal charges, negotiate fair resolutions, and fight back in court against exaggerated allegations of fraud. Michael Tolliver was charged with two counts of wire fraud and three counts of money laundering. The case was brought in Buffalo, New York. Mr. Brown plead guilty to an information on February 1, 2022. The Government alleged that Mr. Brown filed fraudulent loan applications seeking over $60,000 in COVID-19 relief funds. Elijah Buoi was charged with wire fraud and making false statements to a bank. A separate investigation by the nonpartisan Project on The case is pending. The case was brought in Providence, Rhode Island. On June 17, 2021, Mr. Argires pleaded guilty to one count of money laundering. We also help our clients gain access to seized or frozen accounts by working with banks, and government agents to release money that rightfully belongs to our clients. 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 Miami, Florida. The Government alleged that Mr. Criss submitted fraudulent loan applications through Criss Solutions, LLC obtaining approximately $173,990.00 in COVID-19 relief funds. Ms. Knox pleaded guilty on July 12, 2022, and her sentencing hearing is to be determined. Tianna Hart was charged with one count of making false statements to an agency of the U.S. The Government alleged that Ms. Falgoust filed 5 fraudulent loan applications seeking over $500,000 in COVID-19 relief funds. The case was brought in Dallas, Texas. 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. The Government alleged that the defendants submitted falsified loan applications obtaining approximately $396,875.00 in COVI-19 relief funds. The case was brought in Charlotte, North Carolina. 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 Government alleged that Mr. Eustache submitted 13 loan applications seeking over $2.1 million in COVID-19 relief funds. The Government alleged that Santana submitted a fraudulent loan application to obtain $2.5 million in COVID-19 relief funds. Teldrin Foster was charged with multiple counts of wire fraud, bank fraud, and attempt and conspiracy to commit fraud. She is scheduled to be sentenced on December 6, 2021. 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. On November 8, Mr. Azeemuddin pleaded guilty to one count of conspiracy to commit wire fraud and one count of money laundering. Largest PPP Loan Recipients List Nationwide - FederalPay PPP Loan Fraud is Out of Control! Case Investigations & EIDL Fraud The case was brought in Providence, Rhode Island. The case was brought in Houston, Texas. The Government alleged that Mr. Fayne used his trucking business to fraudulently induce individuals to invest in his company and that he also submitted a fraudulent loan application seeking $3.7 million in COVID-19 relief funds. Mr. Mills pleaded guilty to the charge on September 20, 2021. Darrell Thomas, Andre Gaines, Kahlil Green, Bern Benoit, Carla Jackson, Ricky Dixon, Meghan Thomas, Jesika Blakely, Amanda Christian, Dwan Ashong, and twelve others were charged with conspiracy to commit bank fraud, conspiracy to commit wire fraud, bank fraud, wire fraud, making false statements to a financial institution, and money laundering. Mr. George also faces separate charges involving tax 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. There are, of course, many other CARES Act fraud investigations currently pending that may later result in criminal charges. 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. Ganell Tubbs was charged with two counts of bank fraud, loan application fraud, and money laundering. The Government alleged that Mr. Hosey knowingly and willfully conspired to commit fraud against the United States regarding COVDI-19 relief funds. Mr. Johnson was held accountable for fraudulently obtaining a loan of $389,627. SBA Office of Inspector General (SBA-OIG) The SBA Office of Inspector General (SBA-OIG) is the integrity and accountability arm of the SBA. Mr. Jordan and Mr. El have pleaded not guilty, and their cases are pending. The case was brought in Albany, Georgia. Keishon Brown was charged with one count of wire fraud. Both Ms. Stanley and Mr. Philus have pleaded guilty. Mr. Israyelyan pleaded guilty on March 18, 2022, and his sentencing hearing is currently scheduled for September 19, 2022. In February On October 20, 2021, Mr. On March 24, 2022, Ms. Cartwright-Powers was sentenced to 20 months in prison. David Hines was charged with wire fraud, making false statements to a lending institution, bank fraud, and money laundering. 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. On June 9, 2021, Mr. Bellamy pleaded guilty to one count of conspiracy to commit wire fraud. The case was brought in Atlanta, Georgia. On December 7, 2020, Mr. Goldstein pleaded guilty. For the California case Mr. Sadleir pleaded guilty on March 16, 2022 and his sentencing date is scheduled for September 28, 2022. Mr. Cotton pleaded guilty to one count of conspiracy to commit mail fraud on March 4, 2022, and his sentencing is scheduled for September 2, 2022. The case was brought in Milwaukee, Wisconsin. What Is PPP Loan Fraud? How Scammers Stole $100+ Billion The Government alleged that Doss submitted fraudulent loan applications seeking over $220,000 in COVID-19 relief funds. The case was brought in Miami, Florida. This case was brought in Cleveland, Ohio. Scott Davis was charged with wire fraud and engaging in a monetary transaction with criminally derived property. Malik Mitchum and Jenna Mitchum were charged with one count of conspiracy to commit wire fraud. The case was brought in Greenbelt, Maryland. Artur Chanchikyan was charged with wire fraud, theft of government property and concealment money laundering. Banks will likely be targeted in the coming months for their roles with the Paycheck Protection Program and other lending during the pandemic. This case was brought in Greenville, South Carolina. 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). Fouzi Darakhshan pleaded guilty on May 31, 2022 and is scheduled to be sentenced September 16, 2022. The Government alleged that Mr. Johnson through his company Million Man LLC submitted fraudulent loan application to obtain over $2.6 million in COVID-19 relief funds. All defendants have pled guilty. On June 21, 2021, Arman Hayrapetyan pleaded guilty to one count of money laundering conspiracy.