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Baltimore Man Sentenced to 14 Months in Federal Prison for Fraudulently Obtaining More Than $1.2 Million in COVID-19 CARES Act Loans
Chief U.S. District Judge James K. Bredar sentenced Alexander Barabash, age 52, of Baltimore, Maryland, today to 14 months in federal prison, followed by six months of home detention as part of three years of supervised release, for wire fraud relating to the submission of fraudulent Coronavirus Aid, Relief, and Economic Security (“CARES”) Act loan applications. The CARES Act was enacted in March 2020 to provide emergency financial assistance to Americans suffering from the economic effects caused by the COVID-19 pandemic.