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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.

Texas Couple Who Operated an Illegal Pyramid Scheme Are Convicted of Conspiracy, Wire Fraud and Money Laundering

A federal jury in Sherman, Texas convicted a married couple on Thursday for operating a multi-million-dollar pyramid scheme during the COVID‑19 pandemic.

Boston Man Pleads Guilty to Loan and Check Fraud

BOSTON – A Boston man pleaded guilty yesterday in federal court in Boston to defrauding the Paycheck Protection Program (PPP) and stealing both a U.S. Treasury tax refund check and a check from a New York law firm.

Placer County Man Pleads Guilty to Stealing Nearly $1.5 million in COVID-Relief Loans to Fund Lavish Lifestyle

Jedrek Upton, 45, of Lincoln, pleaded guilty to one count of wire fraud and one count of money laundering.

London Man Sentenced for Money Laundering Conspiracy Involving COVID Relief Loans

Feeding Our Future Defendant Sentenced to 10 Years in Prison

78th Defendant Charged in Feeding Our Future Fraud Scheme

77th Defendant Charged in Feeding Our Future Fraud Scheme

Baltimore Woman Sentenced For Money Laundering And Wire Fraud Scheme

Baltimore, Maryland – U.S. District Judge Matthew J. Maddox sentenced Lakeisha Parker, 33, of Baltimore, Maryland, to three years in federal prison, followed by three years of supervised release, including six months of home detention, for her role in a large, multi-member money laundering conspiracy. Judge Maddox also ordered Parker to pay more than $8 million in restitution.