Worcester man admits to fraud after seeking $194K COVID-19 Economic Injury Disaster Loan telegram.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegram.com Daily Mail and Mail on Sunday newspapers.
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A Ghanaian couple based in the United States of America have been arrested and charged with fraud.
The suspects, Lucy Oworae, 56 and her husband Richard Oworae, 59, allegedly schemed to defraud the Small Business Administration (SBA) of about $194,700 between late July 2020 and late August 2020.
The couple, who live in Worcester, a city in Central Massachusetts were arrested on Thursday, January 21 and were subsequently been charged with wire fraud and making false statements.
According to a news release by the United States Department of Justice, the Oworaes fraudulently applied for business loans under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
Worcester couple face fraud charges for allegedly taking nearly $200K in CARES Act money
WORCESTER A city couple was arrested Thursday on charges of fraudulently applying for business loans under the federal CARES Act, and spending the money on personal expenses.
Lucy Oworae, 56, and her husband, Richard Oworae, 59, were charged with wire fraud and making false statements. They each face up to 20 years imprisonment.
The Oworaes were to appear before U.S. Magistrate Judge David H. Hennessy Thursday.
The couple allegedly sought loans from the Economic Injury Disaster Loan program that are available to eligible individuals and businesses through the Coronavirus Aid, Relief, and Economic Security Act.