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Ohio man sentenced for role in $7M COVID-19 relief fraud scheme

Ohio man sentenced for role in $7M COVID-19 relief fraud scheme
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Ohio man sentenced for role in $7M COVID-19 relief fraud scheme

Aydin Kalantarov, 38, of Willoughby Hills, Ohio, was sentenced recently to 33 months in prison by U.S. District Judge Pamela A. Barker, after he pleaded guilty to defrauding the Small Business Administration (“SBA”) of approximately $1.2 million in Economic Injury Disaster Loan (“EIDL”) program under Coronavirus Aid, Relief, and Economic Security (“CARES”) Act.

Los Angeles man sentenced to prison in $7 million COVID-19 scam in Euclid

Feds: Six family members received $7 4 million in pandemic loans by creating fake Ohio farms

Family accused of creating fake OH farms to get pandemic aid By: Sarah Buduson and last updated 2021-02-02 22:36:20-05 CLEVELAND — A federal affidavit alleges six family members fraudulently obtained $7.4 million in pandemic relief loans by creating dozens of fake Northeast Ohio farming businesses. Two of the six family members, Aydin Kalantarov and Gunay Kalantarli, were arrested in California, where they reside, on Jan. 25. The couple each faces charges of wire fraud and conspiracy to commit wire or bank fraud. Daniel Ball with the Public Affairs Office for the U.S. Attorney for the Northern District of Ohio said charges could be forthcoming against the four other individuals allegedly involved in the scheme. Ball said the DOJ is working to recover all of the fraudulently obtained funds.

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