Reports

A former Wells Fargo & Co. banker and his brother have been arrested on an eight-count federal grand jury indictment alleging they schemed to fraudulently obtain more than $2.7 million in taxpayer-funded COVID-19 relief funds and federally-guaranteed small business loans, including by submitting applications using the stolen identities of developmentally disabled persons who lived in long-term care facilities, the Justice Department announced today.

Jacksonville, Florida – United States Attorney Gregory W. Kehoe announces that James Elliott Davis, II (36, Ponte Vedra Beach) has pleaded guilty to bank fraud, wire fraud, money laundering, and theft of mail. Davis faces up to 30 years in federal prison on the bank fraud count, up to 20 years in prison on the wire fraud count, up to 10 years in prison on the money laundering count, up to 5 years in prison on the theft of mail count and payment of restitution to the victims he defrauded. Davis has agreed to forfeit between $6.7 and $8.8 million, which are traceable to proceeds of the crimes he...

NEW ORLEANS – Acting U.S. Attorney Michael M. Simpson announced that DENT HUNTER (“HUNTER”), age 46, of New Orleans, was sentenced on July 8, 2025 to five years of probation by U.S. District Judge Darrel James Papillion after HUNTER pleaded guilty to both making false statements, and money laundering, related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

The defendants allegedly fraudulently obtained more than $2 million in small business loans.

"Our Office is proud to partner with the Department of Justice in the largest health care fraud takedown in our District’s history,” said U.S. Attorney Andrew S. Boutros.

Royce Newcomb, 62, of Fresno, was sentenced today to five years and 10 months in prison for wire fraud and money laundering charges in a long-running fraud scheme where he stole $4.2 million from investors, lenders, and the federal government.

BROOKLYN, NY – A federal grand jury in Brooklyn yesterday returned a second superseding indictment that added charges against Linda Sun and her husband and co-defendant Chris Hu related to a fraudulent scheme involving procurement of personal protective equipment (PPE) by the New York State (NYS) government at the start of the COVID-19 pandemic. As part of the scheme, Sun steered contracts to vendors with whom she had undisclosed personal connections, and she and Hu received millions of dollars from the vendors, including some in the form of kickbacks, which Sun did not disclose to the NYS...

A Middlesex County, New Jersey, woman admitted that she fraudulently obtained Economic Injury Disaster Loan (“EIDL”), Paycheck Protection Program (“PPP”), and pandemic unemployment insurance benefits.