Jennifer May, EIDL Program Embezzlement, District of Columbia 2024

WASHINGTON, D.C. – Jennifer May, 43, of the District of Columbia, is facing the music after admitting to a brazen scheme that siphoned $1,500,000 from the government’s Economic Injury Disaster Loan (EIDL) program. The guilty plea, entered today, marks a significant step towards accountability in a case that highlights the ongoing fallout from pandemic-era fraud.

U.S. Attorney Jeanine Ferris Pirro announced that May pleaded guilty to one count of wire fraud before U.S. District Court Judge Christopher R. Cooper. Sentencing is slated for December 9, 2025. As part of a plea agreement, May is obligated to repay the full $1,500,000 to the United States – a small consolation for taxpayers footing the bill for her greed.

Court documents reveal May was the founder and owner of Next Level Partners LLC, a consulting firm specializing in campaign finance and accounts payable. While ostensibly a legitimate business, Next Level Partners became a vehicle for May’s deception. In October 2021, she brazenly applied for a second modification to an existing EIDL application, requesting an additional $1.5 million.

The EIDL program, launched in response to the COVID-19 pandemic, was intended to be a lifeline for struggling small businesses, offering low-interest loans to cover essential operating expenses. But May wasn’t interested in keeping businesses afloat. She falsely certified on her loan applications that the funds would be used solely for legitimate business purposes. The reality? She funneled the money into high-risk cryptocurrency speculation, unrelated business ventures, and, predictably, personal expenditures.

Federal investigators from the U.S. Postal Inspection Service and IRS-CI untangled the web of deceit, tracing the misappropriated funds and building a solid case against May. Assistant U.S. Attorney Will Hart of the Fraud, Public Corruption, and Civil Rights Section is prosecuting the case, ensuring May faces the consequences of her actions.

This case serves as a stark reminder that even in the wake of a national crisis, some will seek to exploit the system for personal gain. While the recovery of the $1.5 million is a positive step, it doesn’t erase the damage done or the erosion of trust. The Grimy Times will continue to follow this case and expose those who prey on public funds. Case number: 25cr0211

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