Reports

Ten individuals face federal charges stemming from a fraud and money laundering operation that targeted government loan programs offered by the U.S. Small Business Administration, including the Economic Injury Disaster Loan program and Paycheck Protection Program. In addition, two of the defendants were charged with laundering the proceeds of a fraudulent unemployment insurance scheme.

Salimot Akande, Garey Henderson, and Jacqueline Rollizo were arraigned today on federal fraud and money laundering charges after they allegedly defrauded COVID-19 pandemic relief programs on multiple occasions and then laundered nearly $2 million in proceeds.

Following a weeklong trial, Carl Delano Torjagbo, a/k/a Karl Lucius Delano, was convicted by a federal jury of bank fraud, wire fraud, and money laundering after obtaining a fraudulent $9.6 million Paycheck Protection Program (“PPP”) loan and filing fraudulent tax returns that generated a $3.4 million IRS refund.

A Georgia man was arrested today in connection with his role in 15 fraudulent COVID-19 relief loan applications administered by the U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program, totaling more than $3.39 million in fraudulent loan proceeds.

ATLANTA – Jerry Baptiste, the last of 20 defendants charged in a wide-ranging criminal scheme to steal Paycheck Protection Program funds during the COVID-19 pandemic, has been sentenced for his role in the scheme.

Sanjay Patel, an attorney who formerly operated a Georgia-based real estate law firm, has pleaded guilty to fraudulently obtaining nearly $300,000 in Economic Injury Disaster Loans (EIDL) during the COVID-19 pandemic, and to using his attorney escrow account to launder more than $250,000 from unrelated investor fraud schemes.

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.

ATLANTA, GA – Andrew (“Drew”) Maloney, 57, of Roswell, Georgia, has pleaded guilty to a criminal information charging him with conspiracy to pay health care kickbacks. The plea agreement is part of a global settlement with the United States and several states in which Maloney and the clinical laboratory that he owned, Capstone Diagnostics, of Atlanta, Georgia, have also agreed to pay $14.3 million to resolve False Claims Act allegations that they paid volume-based commissions to independent contractor sales representatives in violation of the Anti-Kickback Statute to arrange for or recommend...

Nnamdi Iheanacho has been indicted on federal charges of wire fraud, aggravated identity theft, money laundering conspiracy, and concealment money laundering for stealing COVID-19 relief funds and federal tax refunds based on fraud and identity theft.

Teldrin Foster and Carla Jackson were found guilty by a jury for their roles in schemes to steal Paycheck Protection Program (“PPP”) funds during the COVID-19 pandemic.