Tag: Cares Act
CAN USA Inc., False Claims Act, New Jersey 2021
⏱ 2 min read CAN USA Inc., a company providing inspection, repair, and maintenance services with offices in Hackensack, New Jersey, and based in Harvey, Louisiana, scammed the US government by taking a $2 million Paycheck Protection Program (PPP) loan it wasn’t eligible for. In January 2021, the company applied for and received the loan,…
Ross Jay Bailey, COVID-19 Relief Fraud, West Virginia 2020
⏱ 5 min read A scoundrel from Cool Ridge, West Virginia, has been caught with his hands deep in the COVID-19 relief cookie jar. Ross Jay Bailey, 50, swiped a cool $1.5 million in cash meant to help small businesses weather the pandemic. Instead, he used it to buy himself a lavish lifestyle. According to…
Roderguiz Henry, CARES Act Fraud, Louisiana 2023
U.S. Attorney announces indictment of 24 individuals on CARES Act fraud charges. Find out about the charges and penalties they may face. #CARESAct #fraudcharges
Bashir Schofield, Wire Fraud, Louisiana 2023
Two Laplace residents face charges for preparing and submitting fraudulent applications for CARES Act financial assistance. Potential penalties include up to 5 years in prison.
Sark Wire Corporation, PPP Loan Fraud, New York 2020
⏱ 3 min read Albany manufacturer Sark Wire Corporation is on the hook for $1.9 million after admitting they cooked the books to grab COVID-19 relief money. Back in 2020, when the CARES Act was supposed to be a lifeline for struggling businesses, Sark Wire allegedly lied about its size to qualify for Paycheck Protection…
