CAMDEN, NJ A Michigan man today admitted defrauding victims of more than $5 million in connection with the sale of medical-related business opportunities, Acting U.S. Attorney Rachael A. Honig announced.
Vijay Reddy, of Milan, Michigan, pleaded guilty before U.S. District Judge Robert B. Kugler to an information charging him with one count of conspiracy to commit wire fraud and one count of wire fraud.
According to documents filed in this case and statements made in court:
From December 2015 through November 2020, Reddy and his conspirators, David Weinstein and Kevin Brown, advertised business opportunities for sale on various websites. They purported to sell blocks of contracts with medical providers who allegedly wanted to outsource their medical billing, collections, appeals, answering, credentialing, or transcription functions. The buyers would then provide the contracted services to the medical providers and earn a profit. The conspirators promised to deliver a specifie
Two from Camden County Charged in $1.4M COVID Relief Fraud Scheme
Authorities say two people from Camden County have been charged for their roles in fraudulently obtaining federal loans totaling $1.4 million that was intended to be used as COVID-19 relief.
45-year-old Stephen Bennett of Berlin and 36-year-old Rhonda Thomas of Sicklerville have both been charged with one count of conspiracy to commit wire fraud and bank fraud, one count of bank fraud, and one count of conspiracy to commit money laundering.
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Bennett and Thomas were scheduled to appear before a judge on Thursday.
Bennett, Thomas, and their conspirators submitted 15 fraudulent PPP loan applications and six fraudulent EIDL loan applications to several lenders and the SBA on behalf of 12 purported businesses. The applications contained fraudulent representations to the participating lenders, including forged documentation of federal tax returns and altered bank statements. According to Social Se
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A New Jersey woman considered a pioneer of commercial diving instruction admitted Wednesday that she submitted bogus documents to receive federal funds that her school wasn’t entitled to, federal authorities said.
Tamara Brown, 57, of Haddon Heights, began submitting false information to keep her Divers Academy International just outside of Philadelphia accredited beginning in 2012, Acting U.S. Attorney Rachael A. Honig said.
As a for-profit institution, the diving school required accreditation to be eligible to receive tuition funds from the U.S. Department of Education and the U.S. Department of Veterans Affairs, Honig said.
The process also helps evaluate the eligibility of veteran students to receive the aid, she said.
Camden, NJ - A Burlington County resident and a former Camden County resident are among three men charged with conspiring to defraud at least 43 victims out of more than $3 million through the sale of phony business opportunities.
David Weinstein, formerly of Cherry Hill, New Jersey, and now of Dallas, Texas; Vijay Vanam Reddy, of Milan, Michigan, and Kevin Brown, of Burlington, New Jersey, are each charged by complaint with one count of conspiracy to commit wire fraud. Reddy was arrested today and is scheduled to appear in Detroit, Michigan, federal court this afternoon. Brown and Weinstein were arrested on Dec. 8, 2020. Brown appeared before U.S. Magistrate Judge Ann Marie Donio in Camden federal court via videoconference on Dec. 8, 2020, and was released on $50,000 bond. Weinstein appeared before U.S. Magistrate Judge Rebecca Rutherford in Dallas federal court on Dec. 9, 2020 and was released.