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Northeast Texas Man Guilty of $5 Million COVID-Relief Fraud

Individual Copied List of Names off the Internet and Claimed Them as Employees A Maud, Texas, man has pleaded guilty to COVID-relief fraud in the Eastern District of Texas, announced U.S. Attorney Brit Featherston today. Samuel Yates, 32, pleaded guilty to two counts of wire fraud to

Couple Who Falsely Claimed to be Farmers Sentenced in $1 1 Million COVID-Relief Fraud

Couple s $1 1M Farming PPP Scheme Foiled

Couple s $1.1M Farming PPP Scheme Foiled A Florida couple claimed to generate $1.2 million in combined income and employ 15 individuals on their yard-based farms none of which existed. Mar 9th, 2021 iStock A Florida couple pleaded guilty for their participation in a scheme to file four fraudulent loan applications seeking more than $1.1 million in forgivable Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  On Aug. 26, 2020, Latoya Stanley, 38, and Johnny Philus, 33, both of Miami, were originally charged via a complaint filed in the Southern District of Florida.

Man Charged with $5 Million COVID-Relief Fraud

TEXARKANA, Texas - A Texas man has been charged in the Eastern District of Texas with allegedly filing bank loan applications fraudulently seeking more than $5 million dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. David P. Burns, Acting Assistant Attorney General for the Justice Department’s Criminal Division; Stephen J. Cox, U.S. Attorney of the Eastern District of Texas; Dale Forrester, Special Agent in Charge of the Treasury Inspector General for Tax Administration’s Cybercrime Investigations Division; Donald Abram, Special Agent in Charge of the SBA Office of Inspector General’s (OIG) Central Region; and Ryan L. Spradlin, Special Agent in Charge of U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI) Dallas made the announcement.

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