3 charged with pandemic loan fraud and forging check, Secaucus police say
Updated Feb 02, 2021;
Posted Feb 02, 2021
Adam Rodriguez, left, Madison Sedell, center, and Jadyn Brower have been charged in two incidents, fraudulently getting a CARES Act loan and check forgery. (Secaucus PD photos)EJA
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While small businesses across the state struggled get government loans to remain open during the coronavirus pandemic, a Secaucus teen and a Clifton man were awarded a $10,000 in loans for companies they fabricated, authorities say.
Adam Rodriguez, 22, and Madison Sedell, 19, of Secaucus, applied for three Small Business Administration loans for made-up companies, ranging from agricultural companies to a marketing company, Secaucus Police Chief Dennis Miller said. And while legitimate business owners were denied, Rodriguez and Sedell were approved.