11 Subway People Charged In $ 11 Million Federal PPP Loan Fraud Scheme – WSB-TV Channel 2

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ATLANTA – 22 people have been charged in a federal scheme to defraud the government by allowing it to take out bogus Paycheck Protection Program loans, and 11 of those people are from the metro area of Atlanta.

The US Department of Justice said about $ 11.1 million in PPP loans were taken out and the funds were then used to purchase luxury vehicles, jewelry and other personal items.

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“So many businesses needed emergency federal help to stay afloat during a pandemic, and these defendants are said to have diverted millions of dollars of that aid into their own pockets for luxury items,” said Chris Hacker , special agent in charge of the FBI Atlanta.

Prosecutors said the defendants submitted or helped submit PPP loan applications for 14 companies between April and August 2020. Loan requests for each company ranged from $ 700,000 to $ 850,000.

The claims indicated that each company had between 59 and 69 employees as of February 2020 and averaged around $ 295,000 to $ 342,000 in monthly salary expenses.

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During the investigation, the United States seized nearly $ 4 million in PPP loan products, four luxury vehicles and several jewelry.

The defendants in the metropolitan area include:

  • Meghan Thomas, 32, of Alpharetta – charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud and misrepresentation to a federally insured financial institution under of his involvement in several business loans
  • Jesika Blakely, 34, of Atlanta – Charged with Conspiracy to Commit Bank Fraud and Wire Fraud, Bank Fraud, Wire Fraud, Misrepresentation to a Federally Insured Financial Institution and Money Laundering money related to his involvement in several business loans
  • John Gaines aka Marty Gaines, 56, of Marietta – charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, misrepresentation to a federally insured financial institution and money laundering money related to the loan obtained by Gaines Reservation and Travel
  • Charles Petty aka Charles Knight, 48, of Atlanta – charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, misrepresentation to a federally insured financial institution and money laundering in connection with the loan obtained by Transport Management Services Inc.
  • Jerry Baptiste, 43, of College Park – charged with conspiracy to commit bank fraud and wire fraud, bank fraud, wire fraud, misrepresentation to a federally insured financial institution and money laundering money under the loan obtained by Transportation Management Services Inc.
  • Charles Hill IV, 45, of Norcross – charged with conspiracy to commit wire fraud, wire fraud and money laundering in connection with the loan obtained by his company, Infinite Education Services Inc.
  • Teldrin Foster, 39, of Decatur – charged with conspiracy to commit wire fraud in connection with loan obtained by Bellator Phront Group Inc.
  • Denesseria Slaton, 52, of Stockbridge – charged with conspiracy to commit bank fraud and wire fraud in connection with loan obtained by Transportation Management Services Inc.
  • Carla Jackson, 53, of Tucker – previously indicted on August 4, 2020, with money laundering in connection with the laundering of proceeds from Gaines Reservation and Travel’s PPP loan.
  • Darrell Thomas, 35, of Duluth – pleaded guilty on June 16, 2021 to one count of conspiracy to commit bank fraud and wire fraud and one count of money laundering. As part of his guilty plea, Darrell Thomas admitted his involvement in fraudulent conduct totaling over $ 14.7 million, including over $ 11.1 million in fraudulent PPP loans, over $ 1.15 million in dollars in fraudulent loans in the event of economic disasters and over $ 2.4 million in fraudulent automobiles. ready. He also agreed to give up various assets, including more than $ 2.1 million in seized funds, three luxury vehicles – a 2018 Mercedes-Benz S-Class S65AMG, a 2018 Land Rover Range Rover and a 2017 Acura NSX – and several jewels, including a gold Rolex.
  • Andre Lee Gaines, 67, of Dallas – pleaded guilty on June 17, 2021 to one count of making false statements to the FBI in connection with the loan obtained by his company, Gaines Reservation and Travel.

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Thomas’ sentence is set for September 15. Gaines is scheduled to be sentenced on October 6.


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