Reports
Search for reports and investigative results.
Showing 1 - 4 of 4 results
Department of Justice
Koreatown Man Arrested on Charges that He Obtained More Than $2 Million in COVID Business Loans That He Invested in Cryptocurrency
A rideshare driver from the Koreatown neighborhood of Los Angeles has been arrested on a five-count federal indictment charging him with fraudulently obtaining more than $2 million in COVID-19 pandemic business-relief loans on behalf of his nonexistent companies, which he instead used to buy cryptocurrency, the Justice Department announced today.
Department of Justice
California Man Sentenced to Five and Half Years in Prison for Loan Fraud Conspiracy
Department of Justice
Florida Tax Preparer Charged in Connection with $7 Million Loan Fraud Scheme
A Florida tax preparer was charged in an indictment filed in the Eastern District of Pennsylvania yesterday with scheming to fraudulently obtain more than $7 million in Paycheck Protection Program (PPP) loans, Economic Injury Disaster Loans (EIDL) and pre-pandemic Small Business Administration (SBA) loans, and to launder the proceeds of the illegal scheme.