The federal government is substantially ramping up its enforcement of COVID-19-related fraud. In a press release issued yesterday, the United States Secret Service announced the naming of a National Pandemic Fraud Recovery Coordinator.
Federal prosecutors said April Falgoust, 46, was sentenced at federal court in Baton Rouge following an investigation into fraudulent small business assistance claims amid the pandemic.
A total of 15 individuals have been charged in connection with a conspiracy to obtain and launder millions of dollars from Paycheck Protection Program loans guaranteed by the Small Business Administration under the Coronavirus Aid, Relief, and Economic Security Act.