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NEWARK, NJ – Nikenson Jean Mathurin, a 44-year-old resident of Sparta, New Jersey, faces charges of wire fraud and money laundering in a $2 million COVID-19 relief fund fraud.
The U.S. Attorney’s Office announced the arrest, highlighting Mathurin’s alleged exploitation of Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL).
Mathurin is accused of submitting fraudulent applications for five businesses, using fabricated documents to secure over $2 million in emergency loans.
The funds were reportedly misused for personal expenses, including luxury vehicle purchases.
He is facing a maximum of 20 years for wire fraud and 10 years for money laundering.