Charlotte, NC - Two individuals were charged in an indictment that was unsealed today for their alleged participation in a scheme to obtain, through multiple fraudulent loan applications, more than $1.7 million in COVID-19 relief guaranteed by the Small Business Administration through the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act.
Izzat Freitekh, of Waxhaw, North Carolina, and his son Tarik Freitekh, also known as Tareq Freitekh, whose last known residence was in Glendale, California, were each charged in an indictment filed in the Western District of North Carolina with one count of conspiracy to commit wire fraud and one count of bank fraud. In addition, Izzat Freitekh was charged with one count of false statements.
North Carolina father and son charged with PPP fraud
A newly unsealed indictment identifies a local conspiracy, involving three companies, to commit more than $1.7 million in Paycheck Protection Program fraud. Author: Nate Morabito Updated: 2:24 PM EST December 17, 2020
WAXHAW, N.C. A Waxhaw, North Carolina, father and his son are facing federal charges in connection to allegedly fraudulently securing more than $1.7 million in Paycheck Protection Program loans.
The U.S. Attorney s Office said in a newly unsealed indictment that 55-year-old Izzat Freitekh and his 33-year-old son Tarik Freitekh are charged with one count of conspiracy to commit wire fraud and one count of bank fraud. Prosecutors said Izzat is also charged with one count of false statements.
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Waxhaw father and son charged with PPP fraud
A newly unsealed indictment identifies a local conspiracy, involving three companies, to commit more than $1.7 million in Paycheck Protection Program fraud. Author: Nate Morabito Updated: 2:24 PM EST December 17, 2020
WAXHAW, N.C. A Waxhaw, North Carolina, father and his son are facing federal charges in connection to allegedly fraudulently securing more than $1.7 million in Paycheck Protection Program loans.
The U.S. Attorney s Office said in a newly unsealed indictment that 55-year-old Izzat Freitekh and his 33-year-old son Tarik Freitekh are charged with one count of conspiracy to commit wire fraud and one count of bank fraud. Prosecutors said Izzat is also charged with one count of false statements.