Search

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.

Chandler Carroll will spend 24 months in federal prison after admitting to fraudulently obtaining nearly $2.1 million in federal loans designed to assist businesses during the COVID pandemic.

A 13-count indictment has now been unsealed alleging a scheme to defraud the Small Business Administration and Paycheck Protection Program-affiliated lenders during the COVID-19 pandemic

A federal jury in Portland found Peter Igwacho, 64, a Cameroonian national residing in Anchorage, Alaska, guilty Thursday for wire fraud.

CINCINNATI – A West Chester couple pleaded guilty in U.S. District Court today to committing wire fraud to obtain pandemic relief funds. The husband and wife were owners or associates of multiple transportation firms.

SAN JUAN, Puerto Rico – W. Stephen Muldrow, U.S. Attorney for the District of Puerto Rico, announced the indictment of two businessmen, a certified public accountant, and four Puerto Rico-based companies for a fraudulent scheme to illegally obtain federal recovery funds under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, bribe a bank employee, and launder the fraudulent proceeds of the scheme.

ATLANTA - Johnny Narcisse, and his cousin Johnson Dieujuste, have been sentenced to prison for their scheme to defraud the Paycheck Protection Program (“PPP”) and Economic Injury Disaster Loan (“EIDL”) program of more than $2 million.

ATLANTA - Boeroepae Jordan has been sentenced to a new term in prison for defrauding the Paycheck Protection Program (“PPP”) and Economic Injury Disaster Loan (“EIDL”) program of more than $323,000, less than a year after being released from federal prison for firearms and drug crimes.