A Virginia man has agreed to pay $350,000 to settle a fraud case that alleged he falsified payroll and income documents to obtain loans through the Small Business Administration’s Paycheck Protection Program for four businesses where he is the owner and President. Full story
Two Men Sentenced for $7.6M COVID Fraud Scheme
Two Virginia men were sentenced today to a combined 6 years in prison for engaging in a joint scheme to defraud banks and the SBA of over $7 million in COVID relief funds. Full story
Doctor Indicted in Quarter Billion Dollar Fraud Targeting Pandemic Program for Uninsured Patients
A California doctor, who operated two clinics, was charged with defrauding a COVID-19 program for uninsured patients by submitting more than a quarter billion dollars in claims – receiving about $150 million in payments – for services not covered under the program or simply not provided. Full story
Five More Guilty for Roles in Multi-Million-Dollar COVID-19 Relief Fraud Conspiracy
Five Texas men pleaded guilty for participating in a scheme to fraudulently obtain and launder millions of dollars in forgivable Paycheck Protection Program loans guaranteed by the Small Business Administration. Full story
Seven People Sentenced to Prison in COVID-19 Paycheck Protection Program Fraud Scheme
The last of seven defendants in a Paycheck Protection Program (PPP) fraud scheme have been sentenced. Miami man, 39, was sentenced to 87 months in prison for leading conspiracy to defraud the PPP out of loan proceeds. Full story
Leader of $20M COVID-19 Relief Fraud Ring Sent to Prison
The head of a multi-million-dollar COVID-19 relief fraud ring and six of his co-conspirators have been sentenced for fraudulently obtaining more than $20 million in forgivable Paycheck Protection Program loans. Full story
Marina del Rey Man Arrested for Allegedly Fraudulently Obtaining More than $3 Million in COVID Business Loans for Shell Companies
PRAC Fraud Task Force indictment
A Westside man was arrested on a federal grand jury indictment alleging he fraudulently obtained nearly $3.2 million in COVID-19 loans for his businesses that, in fact, were shell companies. Full story
Houston Woman Pleads Guilty to CARES Act Fraud and Theft of Government Funds
Texas woman, 43, plead guilty to making false statements and theft of government funds related to Paycheck Protection Program and Economic Injury Disaster Loan funds. Full story
North Redington Shores Man Sentenced to More Than 17 Years in Federal Prison for Fraud Schemes
Florida man, 24, sentenced to 17 years for three different fraud schemes. One scheme included fraudulently applying for Payroll Protection Plan loans totaling approximately $1.3 million. Full story
Final Co-Conspirator Sentenced to Prison for COVID-19 Fraud Scheme
Texas man, a co-conspirator in an Unemployment Assistance fraud scheme with wife, was sentenced to 14 months in federal prison and ordered to pay restitution. Full story
Woman Pleads Guilty to $359M Fraud Involving Claims for Unnecessary Respiratory Tests Submitted with COVID-19 Tests
A California woman, 64, pleaded guilty today to fraudulently submitting $359 million in claims to governmental and private insurance programs for expensive and medically unnecessary respiratory pathogen panel tests and was reimbursed approximately $54 million. Full story
Broward Sheriff’s Office Employees Charged with COVID-19 Pandemic Relief Fraud
17 defendants participated in independent schemes to defraud the SBA and participating lenders by fraudulently applying for loans and other relief through the PPP and EIDL programs. Full story
Kunia Woman Arraigned on Scheme to Defraud Pandemic Unemployment Assistance Recipients
Hawaiian woman, 54, was arraigned in federal court and pled not guilty to 12 charges of fraud in connection with a Pandemic Unemployment Assistance scheme. Full story
Southern District Prosecutes Nearly $11M in COVID Fraud as Part of National Enforcement Actions
The Southern District of Georgia has taken action against individuals who illegally Obtained nearly $11 million in funds intended to help struggling small businesses during the global pandemic. Full story
Two Brothers Plead Guilty to $7.6M COVID-19 Relief Fraud
Two brothers, 41 and 45, pleaded guilty in a scheme to file fraudulent loan applications seeking approximately $7.6 million in forgivable Paycheck Protection Program loans. Full story
CEO of Paycheck Protection Program Lender MBE Capital Pleads Guilty in Connection with Fraudulent Loan and Lender Applications
A New York man pled guilty to conspiring to commit wire fraud in connection with loan and lender applications submitted through the Paycheck Protection Program administered by the Small Business Administration. Full story
U.S. Postal Service Employee Sentenced to more than 3 Years in Federal Prison in Multi-Million-Dollar Payroll Protection Program Fraud Ring
A woman, 40, led a scheme responsible for 400+ fraudulent Payroll Protection Program loan applications and was sentenced to 37 months in federal prison. Full story
Victory Automotive Group Inc. Agrees to Pay $9M to Settle False Claims Act Allegations Relating to PPP Loan
An owner of a Florida-based automotive management company has agreed to pay $9 million to resolve allegations that it violated the False Claims Act by knowingly providing false information in support of a Paycheck Protection Program loan forgiveness application it submitted. Full story
Three Albuquerque Residents Indicted for COVID-19 Fraud
Three men obtained over $1M by submitting fraudulent PPP loan applications for defunct companies and the applications included falsified revenue, payroll, and employment data. They used these funds to pay personal debt, charter a private jet and to hire a mariachi band. Full story
Man Sentenced for Over $500,000 COVID-19 Relief Fraud and Money Laundering Scheme
A Nevada man was sentenced today to two years and four months in prison for fraudulently obtaining over $500,000 in Paycheck Protection Program and Economic Injury Disaster Loan program loans. Full story
Arkansas Business Owner Pleads Guilty to Fraudulently Obtaining $16.5M+ in COVID Relief Funding
A man from Bentonville, 37, admitted to preparing and submitting dozens of fraudulent applications for PPP and EIDL funding for purported businesses supposedly owned by himself and others. Full story
Atlanta-based Financial Advisor Sentenced for COVID-Relief Fraud Scheme
A man has been sentenced for a multi-million-dollar fraud scheme related to a COVID relief program to defraud the government by applying for relief funds for companies that did not exist. He also recruited and taught others how to do the same. Full story
CEO Sentenced To 17 Years in Prison for Bank Fraud, Wire Fraud and Witness Tampering
A man with multiple aliases was sentenced to serve 204 months in prison after being convicted of forty-four felonies including defrauding organizations that placed residents at his company’s transitional housing facilities and defrauding several lenders that were participating in the Paycheck Protection Program. Full story
Ten Individuals Charged for $950,000 COVID-19 Relief Fraud Schemes
A federal grand jury in Tennessee returned an indictment charging 10 individuals for their roles in schemes to defraud the Economic Injury Disaster Loan program and the Paycheck Protection Program. Full story