Criminals Hit Paycheck Protection Program for Over $750,000

Columbia, SC — In a gritty operation that smacks of criminal desperation, seven individuals have been charged in connection with an over $750,000 money laundering scheme that siphoned funds from the Paycheck Protection Program (PPP). United States Attorney Peter M. McCoy, Jr., announced the charges against Lauren Marcel Duhart, 34, Joshua Bernard Smith, 39, Steve Ronald Lewis, 43, Christopher J. Agard, 41, Henry Duffield, 58, Jeremy Brandon Latourneau, 43, and Derick Keane, 43.

The defendants are accused of conspiracy to commit wire fraud and money laundering, with over $390,000 coming directly from PPP loans. The scheme was as elaborate as it was sinister, involving a variety of methods, including the use of a casino to launder the proceeds. Agents seized over $2.1 million in funds from twelve different bank accounts.

This case originated as an Organized Crime Drug Enforcement Task Force (OCDETF) investigation targeting high-level traffickers of heroin and methamphetamine in Greenville. The initial probe has now expanded to include eight additional individuals charged on drug trafficking and fraud-related charges.

In a statement, U.S. Attorney McCoy emphasized the importance of protecting citizens during these unprecedented times: ‘Criminals seek to take advantage of dire situations, and it is our job to stand in their way.’ He commended federal agencies for their excellent work in this case.

Jody Norris, Special Agent in Charge of the Columbia Field Office of the FBI, echoed McCoy’s sentiments, noting that the Paycheck Protection Program was meant to keep businesses open and provide money for workers during these difficult times. ‘These subjects allegedly schemed and stole money meant for our fellow citizens in need,’ Norris said.

Robert J. Murphy, Special Agent in Charge of the DEA Atlanta Field Division, highlighted the importance of hitting drug traffickers where it hurts: ‘Hitting drug traffickers in their pockets is a crucial part of dismantling high-level drug distribution networks.’ Tommy D. Coke, Inspector in Charge of the U.S. Postal Inspection Service’s Atlanta Division, emphasized the dedication to combating fraud and ensuring justice for those who seek personal gain at the expense of financial assistance programs.

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