Four Sentenced In Ppp Fraud Case Date: june 8, 2023 contact: [email protected] phoenix, az — four arizona residents were sentenced to significant prison terms in connection with their schemes to fraudulently obtain millions of dollars in paycheck protection program (ppp) loans, a federal loan initiative designed to help businesses pay their employees and meet expenses during the covid 19 pandemic. Charleston, s.c. — lori hammond, a k a lori mccracken, a k a lori blakely, 54, of summerville, christopher conrad, 41, of holly hill, catherine “cassie” needham, 38, of manning, and jontrell wright, 37, of orangeburg, were sentenced to federal prison after being convicted of conspiracy to commit wire fraud and wire fraud for submitting fraudulent paycheck protection program (ppp) loan.
4 Sentenced To 8 To 10 Years In Prison For Millions Of Dollars In Ppp Wilborn was sentenced to 18 months in prison and boren and conway were each sentenced to 12 months and one day in prison for their roles in the scheme. the sixth defendant—kenya ellis, of los angeles—pleaded guilty to one count of bank fraud, in violation of 18 u.s.c. § 1344, and was sentenced to 12 months in prison. Date: june 28, 2024. contact: [email protected]. atlanta — teldrin foster, john gaines, and carla jackson have been sentenced for their roles in a scheme to steal paycheck protection program (ppp) funds during the covid 19 pandemic. to date, a total of 23 individuals have been convicted and sentenced in connection with the fraudulent scheme. 4 sentenced to 8 to 10 years in prison for millions of dollars in ppp loan fraud. the u.s. attorney’s office for arizona says four people have been sentenced for fraudulently obtaining millions. The head of a multimillion dollar covid 19 relief fraud ring and six of his co conspirators were sentenced for fraudulently obtaining more than $20 million in forgivable paycheck protection program (ppp) loans that the small business administration (sba) guaranteed under the coronavirus aid, relief, and economic security (cares) act.
Plainview Woman Sentenced In Ppp Loan Fraud Case 4 sentenced to 8 to 10 years in prison for millions of dollars in ppp loan fraud. the u.s. attorney’s office for arizona says four people have been sentenced for fraudulently obtaining millions. The head of a multimillion dollar covid 19 relief fraud ring and six of his co conspirators were sentenced for fraudulently obtaining more than $20 million in forgivable paycheck protection program (ppp) loans that the small business administration (sba) guaranteed under the coronavirus aid, relief, and economic security (cares) act. During the investigation, the u.s. seized nearly $4 million in ppp loan proceeds, four luxury vehicles, and several jewelry items. defendants from the metro area include:. The man was sentenced to 17 years in prison, and his wife got six years. across the country, only 178 people have been convicted so far in ppp fraud cases, according to the justice department.
L Hh Star Mo Fayne Sentenced To 17 5 Years In 4 Mil Ppp Fraud Case During the investigation, the u.s. seized nearly $4 million in ppp loan proceeds, four luxury vehicles, and several jewelry items. defendants from the metro area include:. The man was sentenced to 17 years in prison, and his wife got six years. across the country, only 178 people have been convicted so far in ppp fraud cases, according to the justice department.
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