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Two men from Illinois are charged in a fraudulent scheme to obtain $7.8 million from the COVID-relief PPP loans. ... 43, faces 13 counts of wire fraud, while 49-year-old Mitchell faces ten counts ...Fraud in the PPP program has been a widespread problem at government agencies, with Cook County, the Chicago Housing Authority and others facing allegations of fraud by their employees. ©2023 ...Paycheck Protection Program. An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.These defendants submitted over 33 applications for PPP and EIDL loans seeking over $9.4 million in loans, $7 million of which were funded. From January 2018 through August 2021, Barrie Osborne (a co-conspirator previously charged who is now deceased), Frank Hamilton, Michael Jones, Kenny Tran, Tina Chen, Tim Park, Peter An, Joe Greco, and ...PPP Loan Recipient List By State —. California. 1,270,599 TOTAL PPP LOANS. $103B TOTAL LOAN AMOUNT. $81,188 AVERAGE PPP LOAN. 9 AVG COMPANY SIZE. California has a total of 1,270,599 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. This table shows the top 5 …The following data was provided by the SBA & US Treasury Department showing a breakdown of all the name of companies who received PPP loans over $150,000. There is further data we’re working on for the loans under $150k however so check back in the future for that. The PPP / Cares Act that was put in place to help business affected by …PPP Loan Recipient List By State —. New York. 734,808 TOTAL PPP LOANS. $60.7B TOTAL LOAN AMOUNT. $82,648 AVERAGE PPP LOAN. 9 AVG COMPANY SIZE. New York has a total of 734,808 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. This table shows the top 5 industries in New York by number of ...May 13, 2022 — Carl Delano Torjagbo, aka Karl Lucius Delano, has been arrested on federal bank fraud and money laundering charges arising from a scheme to defraud a bank by obtaining a $9.5 million Paycheck Protection Program ("PPP") loan in the name of a fictitious company and then allegedly using the loan proceeds to upgrade his personal …Jul 9, 2020 · Name Jobs Reported Current Loan Loan Forgiveness; Amount ($) Date Approved Amount ($) Date; BRPH ARCHITECTS ENGINEERS INC: 328: 6,185,400: April 9, 2020: 6,258,766Jan 29, 2024 · Fraudsters, however, took advantage of the program. In June, the SBA reported that over the course of the pandemic it disbursed a total of $1.2 trillion in both PPP and COVID-19 Economic Injury Disaster Loans (EIDL). EIDL loans were intended to provide small businesses with both working capital and operating funds.CHARLESTON, S.C. — Lori Hammond, a/k/a Lori McCracken, a/k/a Lori Blakely, 54, of Summerville, Christopher Conrad, 41, of Holly Hill, Catherine "Cassie" Needham, 38, of Manning, and Jontrell Wright, 37, of Orangeburg, were sentenced to federal prison after being convicted of conspiracy to commit wire fraud and wire fraud for submitting fraudulent Paycheck Protection Program (PPP) loan ...According to the indictments, from April 2020 through April 2021, the conspirators in this scheme submitted or assisted in submitting PPP loan applications on behalf of 18 businesses, seeking loans between $100,000 and $2.2 million for each company.A Lubbock woman, Hope Leticia Hastey, 51, was sentenced to two and a half years in federal prison for "concealing a PPP Loan Fraud," the U.S. Attorney for the Northern District of Texas Leigha ...A Utah woman convicted in June of two counts of making false statements on PPP loan applications, money laundering, and a contempt charge lost her post-trial bid for acquittal. According to prosecutors, the woman claimed that her company, Allison Baver Entertainment LLC, had about $4 million in monthly payroll expenses and between 100 and 430 ...Name: ACCESS SEARCH, INC. Address: 218 N JEFFERSON ST Suite 300: City: CHICAGO: State: Illinois: ZIP Code: 60661-1115: Rural/Urban: Urban: Hubzone: No: ... That's why we published PPP loan data. When the government spends money, taxpayers deserve to know how it was spent, Clarion Ledger Editor Marlon A. Walker says.It also includes state-by-state data for smaller loans, although in those cases, business names and addresses are not included for privacy reasons. You can check out all the PPP spreadsheets here .Oct 6, 2022 · The Small Business Administration (SBA) flagged nearly 2.3 million Paycheck Protection Program (PPP) loans worth at least $189 billion — about a quarter of the roughly $800 billion lent out — for further review between August 2020 and September 2021, according to a massive dataset obtained by the Project On Government Oversight …Sept. 1, 2020, 11:01 AM PDT. By Ben Popken. Over $1 billion in emergency coronavirus aid relief went to companies that "double dipped" and received multiple Paycheck Protection Program loans in ...Oct 13, 2022 · Officials promised a robust review process before forgiving PPP loans, but most loans could be forgiven with a simple, one-page form. Meanwhile, just 2% of loans have gotten close, hands-on reviews."Nobody is questioning why these loans were given in the first place." India’s banking sector seems to be lurching from one crisis to another. On Feb. 14, Punjab National Bank (PNB...Mortgage brokers or correspondent lenders processed loans in 21 (77.78%) of these sampled narratives. Straw buyers are reported in the narratives of 2,566 SARs (3.1% of the total of 82,851) reports. Figure 12 displays the total number of mortgage loan fraud SARs that revealed the use of straw buyers. Forged Documents.The PPP program gave out hundreds of billions of dollars in forgivable loans to be used to keep businesses afloat during the early months of the COVID-19 pandemic, but it has been rife with fraud ...Other concerns not involving fraud, waste or abuse involving SBA's programs or operations. If you have a question regarding an SBA loan or any SBA program, please contact your local SBA District Office or the SBA Answer Desk by telephone, 1-800-U-ASK-SBA (1-800-827-5722), by email, [email protected], or speak with an American Sign Language ...Aug 10, 2022 · The indictment alleges that the defendants defrauded lenders of approximately $2.49 million in PPP loans and defrauded the SBA of approximately $256,500 in EIDL funds. Much of the money was allegedly used for the defendants’ personal benefit, including the purchase of real estate and the lease and purchase of …If there is evidence of fraud, people can go to jail for a $20,000 PPP loan, just like someone whose PPP loan was $100,000 or $1 million. We have not conducted an exhaustive review of every sentence that federal courts have already imposed in PPP loan fraud cases as of November 15, 2021. Anecdotally, however, courts are routinely handing down ...To report PPP loan fraud and economic injury disaster loan fraud, you can do it the following ways: Call the National Center for Disaster Fraud Hotline: 1-866-720-5721. Fill the complaint form on the DOJ website. File a complaint with the SBA Inspector General Office. FYI, yes you can receive a payout for information.How do you report suspected PPP fraud? The SBA states that individuals can contact the OIG ( Office of the Inspector General) at 800-767-0385. The number can be used to report fraud, waste ...Aug 9, 2023 · If you have a question regarding an SBA loan or any SBA program, please contact your local SBA District Office or the SBA Answer Desk at [email protected], 1-800-827-5722, or speak with an American Sign Language (ASL) interpreter via videophone at 855-440-4960. Report Fraud, Waste, or Abuse onlineHOUSTON - A brother and sister from the Houston area have been charged with submitting fraudulent COVID-19 relief loans, as announced by U.S. Attorney Alamdar S. Hamdani. Jonathan Flores, 31, and Bianca April Flores, 29, are set to appear for their initial hearings before U.S. Magistrate Judge Christina A. Bryan on Wednesday afternoon.The fraud estimate for the EIDL program is more than $136 billion, while the PPP fraud estimate is $64 billion. In earlier estimates, the SBA inspector general said about $86 billion in fraudulent ...List of Cook County employees charged with COVID-19 PPP loan fraud increases to 17 Chicago Tribune. by newsdesk. April 15, 2023. 4 minute read. ... Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: ...Here are the 34 business records Trump was found guilty of falsifying, as described in Judge Juan Merchan 's jury instructions: Count 1: Michael Cohen's invoice …Skip to main content. People; Services; Pro Bono; News & Perspectives; Offices; ×University of Texas professors studying PPP fraud have found that Cook County was an epicenter for fraud, with a "suspicious loan rate" of more than 35% — far higher than in New York or Los ...Search our entire database for publicly released Paycheck Protection Program (PPP) information by location, company name, industry (based on NAICS code), company …The U.S. Small Business Administration ("SBA") is auditing all companies that received PPP loans of $2 million or greater, while the Department of Justice ("DOJ") and other federal agencies are ramping up the number of investigations and prosecutions of PPP loan fraud. The scrutiny of investigating PPP loans falls on the fact that the ...Number of Loans Approved. Sum of Initial Approval Amount. Sum of Current Approval Amount. Sum of Undisburse Amount. Number of Loans Forgiven. Sum of Forgiven Amount. Agriculture, Forestry, Fishing and Hunting. 175. $4,961,234.The data also includes the names of entities receiving less than $150,000, which represents over three-quarters of the total number of loans. This searchable list shows information for businesses ...Step 2. Visit the SBA’s website at sba.gov/idtheft. Follow the steps there to report the identity theft to the SBA. This step is required to start the SBA review process. …Francis J. Battista, of Aston, Pennsylvania, filed 19 fraudulent applications for PPP and EIDL loans in 2020 and 2021, seeking over $10 million in loans. Battista allegedly supported his fraudulent loan applications by submitting fake tax documents, bank records and payroll summaries.RELATED: Unsealed search warrant details PPP fraud investigation with Charlotte ties. Since it launched in April, the payroll protection program granted 5 million loans, totaling $521 billion ...Mail theft leading to check fraud is real. See how fraudsters are using low-tech tricks to plunder your bank account — or worse. Get top content in our free newsletter. Thousands b...A Southern California man was sentenced today to 135 months, the equivalent of 11 years and three months, in prison for submitting fraudulent applications seeking money from the Paycheck Protection Program (PPP), submitting false statements to a financial institution, and money laundering.May 6, 2021 · The PPP loans were made to be forgivable and converted into grants, as long as the borrower meets all the program's requirements. Loan data was hard to come by for journalists — despite providing information on who got the loans in the past, the U.S. Small Business Adminstration did not make the information accessible in several FOIA requests.Data on achieving equity. SBA is working to ensure fair and equitable access to its programs and will soon provide additional reporting on how the Agency is working to meet these goals. Demographic information is provided voluntarily by borrowers to their lenders. SBA COVID-19 Relief Programs Report. Fact Sheet: Changes to …Florida father, son who ran ministry arrested over alleged $8 million PPP loan fraud. A Florida father and son were arrested Wednesday on federal fraud charges after federal prosecutors said they ...Using data published by the Small Business Administration and Treasury Department, SmartAsset identified the most popular PPP loan lender in each state. Calculators Helpful Guides ...01 MASONRY INC 1st Round. #1 AMUSEMENT INC 2nd Round. 000861546419 2nd Round. 0005203500930 1st Round. 0 BASE DESIGN LLC 1st Round. ...THE LEGACY SALON RALEIGH INC 2nd Round. -6166 2nd Round. #THESAVAGEWAY LLC 1st Round. #ALL4U INTEGRATIVE CHIROPRACTIC PLLC 1st Round.Mar 28, 2022 · They came into their riches by participating in what experts say is the theft of as much as $80 billion — or about 10 percent — of the $800 billion handed out in a Covid relief plan known as ...The Justice Department has made at least 41 criminal complaints in federal court against nearly 60 people, who collectively took $62 million from the Paycheck Protection Program by using what law ...If you've discovered evidence that your employer or another individual or entity has committed PPP fraud, the experienced professionals at Audet & Partners can help you understand your options. Contact us now to request a free consultation and learn more. Join a class action. Call us: 800.965.1461.Here's a breakdown of the PPP Loan Fraud List and who got a PPP Loan. Enjoy!So here are the links and resources I mentioned in this video:👇https://teachingm...November 30, 2022 — Announcement of the unsealing of a Complaint charging Rodney Smith, Denise Gant, Ebony Simon, Phya Scott, Priscilla Jackson, Sharon Charles, Yolanda Lawrence, Yolanda Ratcliff, and Zhane RatclIff with conspiring to commit wire fraud by submitting fraudulent SBA loan applications, as well as Complaints charging Brandon Boyle, Delilah Cummings, Vashawn Foreman, Trevor ...PPP loan fraud investigations are on the rise across the country. Federal prosecutors and criminal investigators from various federal agencies are actively looking for possible PPP loan fraud, EIDL loan fraud, and other CARES Act violations in an attempt to recover money that may have been fraudulently obtained from COVID-19 relief programs.Jul 7, 2020 · As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. | <a href ...The most "frequent" name on Chicago loans was Michael Williams — there are 29 of them — and 14 of those Michael Williams gave addresses which, in turn, were used for other PPP loans under different names. Experts say those recycled addresses can be a red flag for fraud networks, or loan application assembly lines.Loans to Ineligible Recipients. Treasury's DNP analysis found: • Of the $525 billion in total approved PPP loans, 57,473, or 1.1 percent, matched a DNP data source record, indicating loan ineligibility. The 57,473 matched loans totaled approximately $3.6 billion; $280 million was undisbursed as of August 8, 2020....