New York man charged with wire fraud and identity theft in $150K loan scheme
NEWARK, N.J. — A New York City man has been charged with wire fraud and aggravated identity theft for allegedly using stolen personal information to obtain fraudulent business loans totaling $150,000, federal…
Bartonsville Man Sentenced For Pandemic Loan Fraud
SCRANTON- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Nazim Hassam, age 70, of Bartonsville, Pennsylvania, was sentenced yesterday by United States District Court Judge Malachy E.…
Mortgage Loan Officer Charged With Bank Fraud and Aggravated Identity Theft
Orlando, FL –United States Attorney Roger B. Handberg announces the return of an indictment charging Evelisse Hernandez (40, Kissimmee) with four counts of bank fraud and four counts of aggravated identity theft.…
Hilo Man Pleads Guilty to Defrauding Paycheck Protection and Disaster Loan Programs
HONOLULU – Carey Mills, 43, of Hilo, Hawaii pleaded guilty today before U.S. District Judge Derrick K. Watson to a single-count Information, charging him with wire fraud in connection with a scheme…
Pennsylvania Man Charged with $1.7 Million Paycheck Protection Program Loan Fraud Scheme
NEWARK, N.J. – A Pennsylvania man was charged for his role in a scheme to fraudulently obtain over $1.7 million in federal Paycheck Protection Program (PPP) loans for himself and others, U.S.…
Former Head of Anaheim Chamber of Commerce Named in Federal Criminal Complaint Alleging False Statements on Loan Application
SANTA ANA, California – The former president and CEO of the Anaheim Chamber of Commerce is expected to appear this afternoon in federal court after being charged with lying to a…
Man Pleads Guilty to Multimillion Dollar Tax Fraud Scheme Involving Professional Athletes and PPP Loan Fraud
ALEXANDRIA, Va. – A California man pleaded guilty today to wire fraud and to conspiring with others in a scheme to prepare false tax returns seeking millions of dollars of tax refunds…
Former Obama Official Questions The Legality Of Student Loan Forgiveness
Former Obama Official Questions The Legality Of Student Loan Forgiveness Kendall Tietz on May 5, 2022 Charlie Rose, the former Education Department general counsel under the Obama administration, is “doubtful” President Joe…
Three Sentenced In Loan Scheme To Defraud Four Churches And Developer
Damian Williams, the United States Attorney for the Southern District of New York, announced that JEFFERY N. CROSSLAND was sentenced yesterday to 51 months in prison, RAYMOND E. ROBINSON, a pastor, was…
Providence Man Sentenced in Wide-Ranging Bank Fraud and COVID Small Business Loan Schemes
PROVIDENCE, R.I. – A Providence resident was sentenced today to five years in federal prison for using the stolen personal identifying information (PII) of unsuspecting individuals to defraud banks and retailers, and…
Three Family Members Sentenced in USDA Crop Loan and Bankruptcy Fraud Schemes
Three Northeastern Iowa family members were sentenced recently in federal court for their respective roles in crop loan and bankruptcy fraud schemes. Aimee Lynn Rosenbaum, formerly known as Aimee Lynn Flatjord, age…
Chinese National Sentenced To 52 Months For $20 Million Covid-19 Pandemic Loan Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced today that MUGE MA, a/k/a “Hummer Mars,” was sentenced to 52 months in prison in connection with a…
GreenLake Funds $39,500,000 Loan for Hotel in Cape May, NJ, and Event Center in Randolph, NJ
CAPE MAY, N.J., April 20, 2022 — Los Angeles based GreenLake Asset Management LLC (“GreenLake”) has funded a $39,500,000 acquisition loan for a beachfront hotel in Cape May, NJ, and a former…
Biden Admin Announces Massive Expansion Of Student Loan Forgiveness
Biden Admin Announces Massive Expansion Of Student Loan Forgiveness Harry Wilmerding on April 19, 2022 The Biden administration announced Tuesday it will implement a student loan rule change that it says will…
Recidivist Fraudster Indicted In Connection With At Least $40 Million Ponzi Scheme, SBA Loan Fraud, And Another Fraud Scheme
Damian Williams, United States Attorney for the Southern District of New York, and Michael J. Driscoll, Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (FBI), announced the…
Riverside County Man Found Guilty of Fraud for Misusing COVID-Relief Business Loan on Personal Expenses, Including Luxury Cars
LOS ANGELES – A Riverside County man who purported to own a pothole-repair company was found guilty by a federal jury today of fraud charges for using hundreds of thousands of…
Cascade woman charged in student loan fraud scheme
GREAT FALLS — A Cascade woman suspected of fraudulently obtaining federal student financial aid by using the names of other individuals to enroll at the Great Falls College and then using those…
Shepherd restaurant owner sentenced for COVID relief fraud; forfeited vintage vehicles bought with business loan aid
BILLINGS — A Shepherd man who owns the Feedlot Steakhouse in Shepherd was sentenced today to three years of probation, ordered to pay restitution and forfeited vintage vehicles he admitted to buying…
Biden Admin Extends Student Loan Moratorium Yet Again
Biden Admin Extends Student Loan Moratorium Yet Again Kendall Tietz on April 6, 2022 President Joe Biden’s administration announced an extension of the student loan moratorium through August on Wednesday. The student…
REPORT: Biden Expected To Extend Moratorium On Student Loan Payments
REPORT: Biden Expected To Extend Moratorium On Student Loan Payments Harry Wilmerding on April 5, 2022 President Joe Biden is expected to pause student loan payments through Aug. 31, once again extending…
Minnesota Farmer Sentenced to Prison for USDA Farm Loan Fraud
MINNEAPOLIS – A Slayton, Minnesota, man was sentenced to 12 months in prison, three years of supervised release, and $435,517.78 in restitution for converting collateral that secured loans from the U.S. Department…