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Pandemic-Related Wire Fraud Schemes Exposed
CONCORD – In a shocking turn of events, two New Hampshire men have been charged with participating in pandemic-related wire fraud schemes, according to an indictment issued by a federal grand jury.
Michael Rosa, 61, of Salem, and George Adyns, 50, of Sandown, allegedly executed two schemes to defraud government programs that were intended to provide economic assistance related to the COVID-19 pandemic.
According to the indictment, the defendants directed employees to continue working for their companies, Enviromart and KSC Industrial, while collecting Unemployment Insurance payments from New Hampshire Employment Security. These payments included the additional $600 emergency weekly benefits provided for by the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
The indictment also alleges that Adyns applied for an Economic Injury Disaster Loan (EIDL) funded through the U.S. Small Business Administration, and a Paycheck Protection Program (PPP) loan. Adyns made multiple false representations on the loan applications and improperly used the personal identifying information of one the company’s employees to obtain the funds.
In addition to the wire fraud charges, Adyns is also charged with aggravated identity theft. Both men were arrested this morning and have been released pending their trial, which is currently scheduled for October 5, 2021.
The case was investigated by the U.S. Defense Criminal Investigative Service, the U.S. Labor Department’s Office of the Inspector General, and the U.S. Naval Criminal Investigative Service, with assistance from New Hampshire Employment Security and the New Hampshire Attorney General’s Office.
The charges in the indictment are only allegations. The defendants are presumed to be innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
Key Facts
- State: New Hampshire
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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