California Man Gets 11 Years In Federal Clink For $27 Million PPP Loan Fraud Scheme sfist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfist.com Daily Mail and Mail on Sunday newspapers.
Christina Burden was arrested on a federal criminal complaint charging her with bank fraud in connection with a scheme to illegally obtain more than $4.5 million in pandemic relief loans, announced United States Attorney David L. Anderson; Treasury Inspector General for Tax Administration J. Russell George; Federal Bureau of Investigation, Special Agent in Charge Craig D. Fair; and Internal Revenue Service, Criminal Investigation, Acting Special Agent in Charge Michael Daniels.
Christina Burden, 31, of Oakland, is charged in the complaint with one count of committing bank fraud on or about June 20, 2020, when she applied for and later received $684,375 in a forgivable loan from the government’s Paycheck Protection Program (PPP) for her shell entity “Blessing Box Co LLC.” The complaint further describes a scheme in which Burden submitted nine other fraudulent applications for PPP loans between April and June of 2020, one of which resulted in her receiving an additional $307
Oakland woman charged with bilking government of $1 million in COVID relief funds
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U.S. Attorney David Anderson’s office has charged Oakland woman with COVID relief fraud.Paul Chinn / The Chronicle 2020
An Oakland woman was charged Friday with defrauding the government of more than $1 million in COVID relief funds and trying to steal an additional $3.5 million by seeking federally guaranteed bank loans on behalf of four nonexistent companies.
U.S. Attorney David Anderson’s office said Christina Burden, 31, was arrested Friday in Texas and would be sent to federal court in Oakland to face a felony charge of bank fraud.
Oakland woman charged with bilking government for $1 million in COVID relief funds lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.
Oakland woman charged with scheme to defraud millions from Paycheck Protection Program
By Eli Walsh
A close up shot of a pair of handcuffs on a table.
OAKLAND, Calif. - Federal law enforcement officials arrested an Oakland woman Friday for her alleged role in a scheme to illegally obtain some $4.5 million in federal relief loans.
According to the federal criminal complaint filed by the U.S. Attorney s office, Christina Burden, 31, is charged with one count of bank fraud after she applied for and received a $684,375 loan last June from the Paycheck Protection Program for her shell company Blessing Box Co. LLC.