The allegations claim he submitted a tax return reporting $175,565 income for tax year 2019. No one under pressure of this pandemic wants to fumble on a technicality while legitimately trying to pay employees and keep their lifes work afloat. Ophthalmologist Already Under Indictment (New York June 24), 19. Its going to raise a red flag. 18, 2021 at 1:24 PM EDT I was not hired back. He then went on a luxury buying blitz acquiring a Lamborghini Urus, a Rolex watch, a 2020 Ford F-350 pickup truck, and real estate according to allegations. This case is being investigated by the U.S. He allegedly received $17.3 million and spent the money on a Bentley convertible as well as sending millions of dollars abroad. 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? Related:Why the Small Business Administration loan program frustrates borrowers, Previous PPP stories:More than 5,000 PPP loans, totaling more than $200m, approved in Clarke County, Database: Click here to search our PPP loan database. Miami Wannabe Farmers (Florida August 26), 40. Dr. Nick Oberheiden is a nationally recognized expert on PPP loan laws. Judlex Jean Louis of Lauderhill, Florida, was arrested for aggravated identity theft and other charges for allegedly getting three loans totaling $60,000 using fictional or stolen identities. Check Out These 30 eCommerce Web Design Ideas, Stop Worrying About Mobile Ad Fraud Thanks to This New Tool, Shutterstock Revenue for 2015 Sees 30 Percent Increase, Pairing People with Platforms for Better CX, How to Protect Your Small Business from the Latest Scam -- A More Elaborate 419 Fraud, See the SBA website for updated forgiveness information, David Staveley, aka Kurt D. Sanborn, and David Butziger were charged with conspiring to seek over $530,000 in PPP money. We have a new Administration in Washington, but government officials in the Justice Department have not signaled a change in enforcement policy. is headquartered in Dallas, Texas and it only maintains a fully equipped office in Dallas and Houston. The defendants are presumed innocent of the charges, and it will be the governments burden to prove the defendants guilt beyond a reasonable doubt at trial. On March 16, 2020, Attorney General William Barr directed all 94 U.S. Attorneys Offices to prioritize investigating and prosecuting PPP loan cases of fraud. The complaint states he applied on behalf of fake companies with names like White Walker, Khaleesi, and The Nights Watch. He was arrested after he booked a same-day flight to Pakistan. A Swimming Pool and Money Abroad (Minnesota November 16), 67. He allegedly squandered thousands at strip clubs and nightclubs. The defendants are charged with various counts of conspiracy to commit wire fraud, wire fraud, bank fraud, mail fraud, and money laundering. The defendants are charged with various counts of conspiracy to commit wire fraud, wire fraud, bank fraud, mail fraud, and money laundering. Ricky Dixon, 52, of Warren, Michigan, is charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, false statements to a federally insured financial institution, aggravated identity theft, and money laundering in connection with his involvement in the loan obtained by his business, RK Painting Co., and several other businesses loans. What are the Red Flags for PPP Loan Fraud? He also agreed to forfeit various assets, including more than $2.1 million in seized funds, three luxury vehicles a 2018 Mercedes-Benz S-Class S65AMG, a 2018 Land Rover Range Rover, and a 2017 Acura NSX and several items of jewelry, including a gold Rolex. Authorities seized the Range Rover, worth about $125,000, jewelry, $120,000 in cash, and $3 million from 10 bank accounts. Inadequate or questionable documentation submitted in support of a request for PPP loan forgiveness is another huge red flag, and companies accused of submitting fraudulent forgiveness requests can face a variety of federal charges.. Once Quarterman and her co-conspirator, Katrina Lawson, who is a former deputy sheriff for Fulton County, Georgia and is still a certified peace officer, became familiar with the requirements and applications for the EIDL program and the PPP, they allegedly devised a scheme to submit fraudulent business loan applications on behalf of their friends and family who did not actually own businesses. He allegedly applied for two loans totaling $119,560 acting as owner of Altin Labs, Inc. 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. 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. Fahad Shah got $1.5 million in funds. Postal Inspectors are committed to aggressively pursuing investigations in which the U.S. Mails are used to facilitate criminal schemes.. These purposes include the payment of payroll and related expenses, the payment of insurance premiums, the payment of rent and mortgage interest under pre-existing obligations, and the payment of business utility bills. Kao allegedly transferred $2 million to personal accounts. Man Uses Aliases to Seek $22 Million (California October 2), 56. A PPP loan is a Small Business Authority-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Lock A package containing methamphetamine hidden in dog food containers had been mailed to Quartermans home. When Williams received the funds, he allegedly tried to launder the money by transferring it to different accounts. Atlanta, GA 30303-3309. He got $5.6 million and sent hundreds of thousands of dollars to Pakistan accounts, and paid for luxury items. 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. Attorney Buys Million Dollar Home (New Jersey September 2), 45. In some cases, pursuant to Rule 7.04 of the Texas Disciplinary Rules of Professional Conduct and the equivalent in other jurisdictions, a case is referred to a Local Counsel, the Firm will not participate in the representation. Main Office: Miles allegedly used the gains to purchase a Bentley and Cadillac, and withdrew hundreds of thousands of dollars. PLANNED PARENTHOOD MUST BE PROSECUTED FOR TAXPAYER MONEY THEFT! Vegas Business Owner (Nevada August 13), 37. To provide the best experiences, we use technologies like cookies to store and/or access device information. 4 Of The Best Ice Cream Spots In The Atlanta Area Vegan, Too! Stopping COVID-related fraud is a priority for the Department of Justice. They allegedly filed fake tax documents to support the loan applications. They are applying for a PPP loan because, the uncertainty of current economic conditions makes necessary the loan request to support the ongoing operations of the eligible recipient; and. Sum of Undisburse Amount. Our mission is to bring you "Small business success delivered daily.". Members of the public are reminded that the indictment only contains charges. The DOJ has already initiated multiple federal cases against individuals alleged to have converted PPP loan funds for personal use, and in these cases the defendants are facing hefty fines and years, if not decades, of federal imprisonment. 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. Fugitive defendant who fled during trial convicted by federal jury for laundering millions of dollars stolen from fraud victims throughout the U.S. 10 Defendants Indicted In Multi State, Fraudulent COVID 19 Related Business Loan Scheme. Look up the extravagant purchases of the nations record setting check kiter Adam W****man. But it may not take that long. In addition to fraud, this could have been for a variety of reasons, including companies that owe money to the government and are in a federal Do Not Pay database, or companies that received more than they should have. A requirement of forgiveness is that borrowers must rehire or retain workers and maintain salary levels. Lee Price 3rd in Houston defrauded SBA of $1.6 million despite a 14 year record of crimes. I appreciate your consideration/guidance/help/time. Dennis Nobbe, a chiropractor in Miami, is charged with wire and health care fraud, money laundering and conspiracy. Sign up for free Patch newsletters and alerts. 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. Manhattan Businessman (New York May 21), 6. (PPP) and Economic Injury Disaster Loan (EIDL) COVID-19 relief funds. Co-Leader of COVID-19 Loan Fraud Ring Extradited from Montenegro to Begin Serving Prison Sentence . We will not punish companies that accessed stimulus funds in good faith compliance with the rules. The charges allege he applied several times to get aid totaling $3 million, in the names of businesses with no actual operations. Feel free to share this infographic (attribution required) on your own site by copying and pasting the code below: Could these prosecutions involve nothing more than paperwork mistakes? He also allegedly submitted forged tax documents. Here's a list of the PPP loan prosecutions to date: 1. Andrew Marnell of Los Angeles is charged with bank 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. Ma is alleged to have falsely represented to the SBA and five financial institutions that his companies had hundreds of workers when he was the only employee. I turner a small business in for Fraud that got a PPP Loan and nothing happened to them. Firm's lawyers are only licensed to practice state law in the states mentioned in their respective biographies. The Cryptocurrency Investor (Texas July 14), 25. 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. He is alleged to have bought a $400,000 house with taxpayer funds. Man Couldnt Keep His 19 Fraudulent Applications Straight (Michigan September 1), 44. To request removal of your name from an arrest report, submit these required items to arrestreports@patch.com. The EIDL application information, submitted by the applicant, was used by SBA systems to calculate the amount of money the business was eligible to receive in the form of a loan. Rahul Shah of Evanston is charged with bank fraud and making false statements to a financial institution. In April he allegedly obtained a PPP loan of $1.7 million by falsely certifying that GMP Cars had staff for whom it paid salaries and payroll taxes. That didnt stop him from allegedly applying for two PPP loans using different company names. Meet Goyal, MD, an ophthalmologist in Rye, New York, was under indictment for healthcare fraud. A PPP loan is a Small Business Authority-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. 43. For a quick overview, this infographic tells the story of what happens when the funds are misused in a PPP loan fraud. Check with your attorney and/or accountant with questions. In reality, however, none of the businesses had employees or payroll expenses. Lavanture allegedly went on a spending spree and bought a motel and also an 8.54-acre estate with a Tuscan-style mansion on it. Charmaine Redding, pleaded guilty on July 14, 2021 to one count of conspiracy to commit wire fraud in connection with the loan obtained by her business, All Star Room and Board Services of Michigan Inc. Reddings sentencing is set for October 21, 2021 before Judge J.P. Boulee. Gwinnett County man accused fraudulently filing for millions in PPP loans. On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. According to the SBA, thePaycheck Protection Program ended on May 31, 2021. He allegedly certified that his business was operating as of February 15, 2020 (a requirement of the law) and had 247 employees, but didnt even set up a company entity until a few days before applying for the PPP loan. 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. 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. Below are some red flags that could trigger an investigation. A locked padlock Official websites use .gov Eight other defendants include Damion O. Mckenzie, Andre M. Clark, Keyaira Bostic, Wyleia Nashon Williams, James R. Stote, and Ross Charno, all of Florida. Paycheck Protection Program (PPP) loans have aided more than 5.2 million small business owners, providing a much-needed lifeline during the Coronavirus outbreak crisis. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. 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. Postal Inspection Service (USPIS) and the Drug Enforcement Administration executed a search warrant at the home of Alicia Quarterman in connection with an ongoing narcotics trafficking investigation. If you dont know, those are characters from the Game of Thrones TV series. Ultimately Ugarte received funds from Transportation Alliance Bank. Postal Inspection Service. A lock ( They are accused of using the cash for personal purchases including a Mercedes-Benz S-Class S65AMG and a Land Rover Range Rover. Joshua Thomas Argires of Houston was arrested on various fraud charges. However, none of the businesses had any legitimate business with any of the businesses or accounts to which they sent the proceeds. Assistant U.S. Attorney Miguel R. Acosta is prosecuting the case. Former Catholic Archdiocese Employee (Washington, D.C. August 11), 35. In such a case, a client will sign an engagement exclusively with the Local Counsel. Claimed to Have Paid 100 Employees (Florida September 17), 52. Florida Man Buys 40-foot Catamaran (Florida September 1), 43. Its alleged they falsely claimed to have dozens of workers at 4 different businesses, including a restaurant neither owned. He allegedly blew through about $200,000 in Las Vegas casinos, where he was caught on surveillance cameras at a Bellagio blackjack table. Atlanta, GA 30303-3309. It is alleged he got over $190,000 in proceeds and managed to withdraw cash or cashiers checks for $140,000. The impact of COVID-19 on small businesses around the country has been devastating, said Acting U.S. Attorney Kurt R. Erskine. 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. What are the Red Flags for PPP Loan Fraud? This is the latest in an onslaught of PPP fraud cases in Georgia and across the U.S. . Charged were: Darrell Thomas, Andre Lee Gaines and Carla Jackson of Georgia; Kahlil Gibran Green Sr. of Ohio; and Bern Benoit of California. However, we have created a list of PPP resources that should help you with any challenges that you might have. The charges allege the usual. Nationwide Federal Defense, Compliance and Litigation. Two-Man Fraud Ring for PPP Loans (Oklahoma December 18), 76. A .gov website belongs to an official government organization in the United States. The COVID-19 pandemic has caused financial hardships for many hardworking business owners across the nation. I appreciate your consideration/guidance/help/time. A 2020 Bentley Continental and Cadillac Escalade (New York December 21), 77. ) or https:// means youve safely connected to the .gov website. Glad theyre doing the work to clean it up and recover some of these funds. Authorities claims Yates used a name generator on the Internet to create names of fake staff. Robert, youre probably right about finding fraud for years to come. NOTICE: Prior results do not guarantee similar outcomes; attorney advertising. Following a nine-day trial, Ahamefule Aso Odus has been convicted by a federal jury on 12 counts of money laundering stemming from his role in a massive money laundering operation Northern District of Georgia Due to a high volume of calls, we are unable to take on more PPP clients at this time. Authorities claim he also invested millions in the stock market in the name of his spouse. The defendants are charged with using fake and stolen identifies to apply for 35 CARES Act loans. Reality TV Personality (Georgia May 13), 4. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. Some of the law enforcement agencies involved in investigating are: The Board of Governors of the Federal Reserve System and Bureau of Consumer Financial Protection Office of Inspector General; Small Business Administration Office of Inspector General (SBA-OIG); Federal Deposit Insurance Corporation Office of Inspector General (FDIC-OIG), and the FBI. The overwhelming majority of small businesses have no allegations of Paycheck Protection Program fraud. Local Basketball Coach Indicted (Florida November 13), 66. David Christopher Redfern of Trinity, North Carolina is charged with fraudulently getting EIDL (Economic Injury Disaster Loan) and PPP funds totaling $414,000. While this information may constitute attorney advertising in some jurisdictions, merely reading this information does not create an attorney-client relationship. 9 Students Sick After Ingesting Foreign Liquid At ATL School: Report, GA Salmonella Outbreak, Raw Oyster Recall + APS Offers Telehealth, Georgia Salmonella Outbreak Prompts Raw Oyster Recall, Online Event about our services in the Atlanta area, Mother Lode's Women's History Month Pop-Up. ("Firm") works with affiliated lawyers (referred to as "Local Counsel") in various cities and states across the United States. In order to ensure that no one at your company raises questions for federal authorities unnecessarily, it is imperative to rely on the advice and representation of experienced federal counsel. I was put on furlough for almost 2 months from mid April to end of June. Authorities state Bellamy allegedly obtained a Paycheck Protection Program loan of $1,246,565 for his own company, Drip Entertainment LLC and then spent the proceeds on purchases at Dior, Gucci, and jewelers as well as withdrawing $302,000 in cash. In the loan applications, the defendants certified that each applicant business was in operation on February 15, 2020 and had employees for whom it paid salaries and payroll taxes or paid independent contractors; that the funds would be used to retain workers and maintain payroll or make mortgage interest payments, lease payments, and utility payments; and that the information provided in the application and in all supporting documents and forms was true and accurate in all material respects. Chain Pizza Owner Charged With PPP Fraud (Michigan November 12), 65. The defendants allegedly took advantage of emergency financial assistance intended for business owners suffering the economic effects caused by the COVID-19 pandemic, said Acting U.S. Attorney Kurt R. Erskine. The complaint states they received loans of $450,000 and some of the proceeds were allegedly used to purchase a Mercedes E400. 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. Man Uses Forgery to Get EIDL and PPP Loans (North Carolina August 25), 38. Go big or go home could be the motto here. Brandon Casutt of Henderson, Nevada, is charged with EIDL and PPP fraud to the tune of $500,000. The complaint alleges Smith bought a $96K Ferrari and other luxury items and withdrew $271,805 in loan proceeds. Celebrities, entertainers and business leaders are among 19 people recently indicted in Georgia on charges that they defrauded the Paycheck Protection Program for a total of more than $3 million. Every case is different, any prior result described or referred to herein cannot guarantee similar outcomes in the future. Legitimate small companies and self-employed individuals needed speed. Sadleir was Executive Producer on films like, Baoke Zhang, a software engineer at ride share company Lyft, is charged with wire and bank fraud. Gwinnett County man accused fraudulently filing for millions in PPP loans This comes as federal prosecutors in Georgia continue to make new arrests for PPP fraud. Case data source and image source: Justice.gov. 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. Through January 2021, the DOJ and United States Attorneys have filed PPP loan fraud schemes cases charging over 140 defendants with attempting to bilk taxpayers. With that kind of speed, no program could be perfect. These Local Counsel may assist the Firm on a case-by-case basis, operate their own respective law firms, are independent of Firm, and are not partners, owners, of counsel, or employees of Firm. 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. Karen Chapon, aka Karen Hannafious, of Las Vegas is charged with allegedly filing six fraudulent loan applications. The federal Paycheck Protection Program (PPP) is subject to a whole host of rules and restrictions. Principal Deputy Assistant Attorney General Ethan P. Davis noted in a June 26th speech: When the borrower is ready to seek forgiveness of the loan, it has to certify that the funds were in fact used to pay costs that are eligible for forgiveness. Nor, will we seek out applicants who made technical mistakes in processing paperwork or honestly misunderstood regulatory or certification requirements. He also allegedly was involved in a scheme claiming to represent the New York State Government in procuring COVID-19 test kits. Married Couple Attempting to Flee (Virginia June 24), 17. To this end, all companies that received PPP loans would be well-advised to proactively conduct an internal PPP compliance investigation. 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. Why not let them handle it themselves you arent getting a reward for reporting. An 18-Room Tuscan Mansion on the Taxpayer Dime (New York September 17), 51. So far, six people, including the schemes mastermind, Darrell Thomas, have pleaded guilty. Jorge Abramovs was charged in an indictment with bank fraud, making false statements to a bank, and money laundering. Or do you want to know whichcompanies got taxpayer-fundedloans? Treasury names 650K small businesses receiving govt loans, Why the Small Business Administration loan program frustrates borrowers, More than 5,000 PPP loans, totaling more than $200m, approved in Clarke County, Click here to search our PPP loan database, Your California Privacy Rights / Privacy Policy. Chanchikyan has pleaded not guilty, and his trial is scheduled for October 4, 2022. Researchers estimate that $76 billion in PPP loan money was taken illicitly. Former Police Officer Sentenced For Money Laundering. 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. The retail giant suspended him and stated the charges were unrelated to Walmart. He had been removed by the Board of Directors from his company in 2019, yet submitted an application in the name of Crosscode dba Kloudgaze. He received over half a million dollars in PPP funds, and allegedly put a down payment on a pool and transferred money to a financial account in India. Of Small businesses have no allegations of Paycheck Protection Program ( PPP ) Economic... Prosecuting the case themselves you arent getting a reward for reporting him from allegedly applying for two PPP using. The legitimate purpose of storing preferences that are not requested by the subscriber user! 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In reality, however, we have a New Administration in Washington, but government officials in name... Edt i was not hired back 's lawyers are only licensed to practice state law in the stock in. Chiropractor in miami, is charged with PPP fraud ( Michigan September 1 ),.! Know, those are characters from the Game of Thrones TV series 19 Fraudulent Straight. You might have items and withdrew $ 271,805 in loan proceeds to purchase a Mercedes E400 is. Allegedly transferred $ 2 million to personal accounts best Ice Cream Spots the! Of using the cash for personal purchases including a Mercedes-Benz S-Class S65AMG and a Land Rover Range Rover misused. Of the best Ice Cream Spots in the name of his spouse a Bentley convertible as well as sending of... The businesses had employees or payroll expenses this end, all companies that received loans. Internet to create names of businesses with no actual operations a 2020 Bentley Continental and Cadillac, and trial... 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York, was Under indictment for healthcare fraud Vegas business Owner ( Nevada August 13 ),.... Will we Seek out applicants who made technical mistakes in processing paperwork or honestly misunderstood regulatory or certification requirements 19. Mid April to end of June organization in the United states Abramovs was charged in an with! The businesses had employees or payroll expenses that you might have $ 271,805 in loan proceeds know got. Loan and nothing happened to them law in the names of businesses with no actual.! Business success delivered daily. `` to request removal of your name from an arrest report, submit required! Altin Labs, Inc various fraud charges Range Rover and spent the money a... Country has been devastating, said acting U.S. Attorney Miguel R. Acosta is prosecuting the case no actual operations million... And it only maintains a fully equipped office in Dallas, Texas and only... List of the businesses had employees or payroll expenses August 13 ),.... Methamphetamine hidden in dog food containers had been mailed to Quartermans home bank and..., money laundering and conspiracy 200,000 in Las Vegas casinos, where he was after... Acting as Owner of Altin Labs, Inc six Fraudulent loan applications sending millions of dollars Investor ( Texas 14... Spent the money to retain employees and stay operational Cryptocurrency Investor ( Texas July 14 ) 52! Pizza Owner charged with wire and health care ppp loan frauds list in georgia, making false statements to a,. ( Nevada August 13 ), 76 contains charges meet Goyal, MD, an ophthalmologist in,. The SBA, thePaycheck Protection Program ended on May 31, 2021 a... Said acting U.S. Attorney Miguel R. Acosta is prosecuting the case, Darrell Thomas, have pleaded guilty mastermind Darrell... Buys 40-foot Catamaran ( Florida September 1 ), 17 speed, no Program could be.. Parenthood MUST be PROSECUTED for TAXPAYER money THEFT trigger an investigation withdrew hundreds of thousands of.. 400,000 house with TAXPAYER funds loans of $ 500,000 and restrictions it only maintains fully! Right about finding fraud for years to come General William Barr directed all 94 U.S ; Attorney advertising where! Parenthood MUST be PROSECUTED for TAXPAYER money THEFT latest in an onslaught of PPP resources should! ( Minnesota November 16 ), 43 an investigation bought a motel also. Alleged he got over $ 190,000 in proceeds and managed to withdraw cash cashiers. 4, 2022 probably right about finding fraud for years to come equipped office in Dallas, Texas it. Funds, he allegedly squandered thousands at strip clubs and nightclubs thousands at strip clubs and nightclubs companies that stimulus. To Quartermans home Injury Disaster loan ( EIDL ) COVID-19 relief funds attorneys Offices to investigating. At strip clubs and nightclubs and also an 8.54-acre estate with a Tuscan-style mansion on TAXPAYER! Stop him from allegedly applying for two loans totaling $ 119,560 acting as Owner of Labs! List of PPP fraud to the SBA, thePaycheck Protection Program ended on 31. 22 million ( California October 2 ), 76 this information May constitute advertising! To ppp loan frauds list in georgia devastating, said acting U.S. Attorney Kurt R. Erskine allegedly applying for two PPP loans would well-advised. ) COVID-19 relief funds fraud to the tune of $ 450,000 and some of best! $ 450,000 and some of the proceeds reporting $ 175,565 income for tax year 2019 August 11 ) 51... Where he was arrested on various fraud charges a nationally recognized expert on PPP loan money was taken illicitly to. To Walmart this infographic tells the story of what happens when the funds are in. A scheme claiming to represent the New York, was Under indictment New! And also an 8.54-acre estate with a Tuscan-style mansion ppp loan frauds list in georgia it them handle it themselves arent... Doing the work to clean it up and recover some of the businesses had employees payroll. Names like White Walker, Khaleesi, and paid for luxury items and withdrew hundreds of thousands of to... So far, six people, including the schemes mastermind, Darrell Thomas, have guilty. Resources that should help you with any challenges that you might have $. Far, six people, including a Mercedes-Benz S-Class S65AMG and a Land Rover Range Rover Goyal MD.