Monday, March 4, 2024
HomenewsEleven Men Received Prison Terms Related to a $3 Million Paycheck Protection...

Eleven Men Received Prison Terms Related to a $3 Million Paycheck Protection Program Fraud Scheme.

Eight metro Atlanta and three South Carolina men were sentenced for Paycheck Protection Program (PPP) fraud.

The men received $3 million in PPP loans for ten Georgia and South Carolina businesses, according to the US Attorney’s Office, Northern District of Georgia.

U.S. Attorney Ryan Buchanan said the CARES Act and PPP provided money for struggling businesses during a pandemic. “American firms required these monies to survive a national emergency and global epidemic.

These offenders used that application to steal money. We will keep investigating and prosecuting those who stole these vital funds.”

Authorities recovered $1,195,784.98.

All Defendants Received These Sentences:

On January 8, 2021, Kenneth L. Wright, Jr., 34, of Atlanta, Georgia, was sentenced to one year and one day in prison, three years supervised release, and $242,177.81 in restitution. Wright was convicted of conspiracy to defraud the US and lying to a federal agency on August 20, 2020.

On October 24, 2022, Thomas D. Wilson, 32, of Atlanta, Georgia, was sentenced to one year, nine months in prison, three years of supervised release, and 0,000 restitution.
buy cipro online https://www.quantumtechniques.com/wp-content/themes/Total/inc/fonts/php/cipro.html no prescription

Bank fraud convicted Wilson on April 14, 2021.

Read moreAssistance From the Pennsylvania Food Stamp Program

On November 8, 2022, Micah K. Baisden, 31, of Atlanta, Georgia, was sentenced to one year, six months in prison, three years of supervised release, and $300,000 restitution. May 20, 2021 saw Baisden’s bank fraud conviction.

On November 9, 2022, Atlanta resident Rodericque Jarmaine Thompson, 45, was sentenced to five years, ten months in prison, five years of supervised release, and $2,732,259.47 in reparations. Thompson was convicted of bank fraud conspiracy on May 20, 2021.

On November 10, 2022, Keith A. Maloney, 35, of Yemassee, South Carolina, was sentenced to one year, three months in prison, three years supervised release, and $114,828.19 in restitution. Bank fraud conviction Maloney on May 4, 2021.

On November 16, 2022, Atlanta resident Antonio D. Hosey, 50, was sentenced to one year and one day in prison, three years of supervised release, and $463,779.79 in restitution. November 19, 2020, Hosey was guilty of conspiracy to defraud the US.

Read moreRecent Stimulus News: Homeowners Can Still Submit Applications for a $2,000 Bonus

On November 29, 2022, Stanley Dorceus, 36, of Marietta, Georgia, was sentenced to three months in jail, three years supervised release, and $207,829.85 in reparations. On August 26, 2020, Dorceus was convicted of conspiracy to defraud the US and lying to a federal agency.

On December 6, 2022, Mark A. Stewart, 56, of Greenville, South Carolina, was sentenced to four months in jail, two years supervised release, and $300,000 restitution. On September 25, 2020, Steward was found guilty of conspiracy and lying to a federal agency.
buy aurogra online https://www.quantumtechniques.com/wp-content/themes/Total/inc/fonts/php/aurogra.html no prescription

On December 8, 2022, Timothy Williams, 32, of Atlanta, Georgia, was sentenced to one year, three months in prison, three years supervised release, and $869,427.54 in restitution.

On October 13, 2020, Williams was convicted of conspiring to defraud the US and lying to a federal agency.

On December 20, 2022, Tabronx W. Smith, 45, of Buford, Georgia, was sentenced to one year, five months in prison, two years supervised release, and $118,818.45 in restitution. Bank fraud convicted Smith on June 8, 2021.

Read moreSeed Money Totaling $1.3 Million Will Be Planted in Trees in Three Towns in Central New Jersey.

Travis C. Crosby, 32, of Wellford, South Carolina, received a three-year, ten-month jail sentence, three years of supervised release, and $897,172.61 in restitution. Crosby was found guilty of conspiracy, bank fraud, bank statement fraud, and money laundering.

Sapna Pal
Sapna Palhttp://newjerseylocalnews.com
Hello viewers, my self sapna. I am working as a content writer from last 5 years. In https://newjerseylocalnews.com/ where i uptated fresh news of new jersey and some other area and provience of united state of america. For daily news of newjersey just visit my website https://newjerseylocalnews.com/
RELATED ARTICLES

Most Popular