Tag: PPP fraud
Daniqua Clark, Mail Stream Theft and COVID-19 Relief Fraud, Georgia 2023
Atlanta – Two former U.S. Postal Service employees are facing federal prison time after admitting to a brazen scheme to steal cash, gift cards, and other valuables from the mail stream, and further enriching themselves with fraudulent COVID-19 relief funds. Daniqua Clark and Deneeka Ferguson, who worked at the Atlanta Mail Recovery Center – the…
Sark Wire Corporation, PPP Loan Fraud, Albany NY, 2023
Albany manufacturer Sark Wire Corporation is facing a hefty $1.9 million penalty after admitting to a calculated scheme to defraud the Paycheck Protection Program (PPP), a cornerstone of the federal government’s pandemic relief efforts. The company, a subsidiary of a Turkish conglomerate, deliberately concealed its international ties to illegally secure a second-draw loan intended for…
Frank Hamilton, Loan Fraud, California 2023
⏱ 2 min read Frank Hamilton, 55, of Simi Valley, California, is headed to a federal prison cell for 5.5 years after running a brazen loan fraud that bilked banks and the Small Business Administration out of over $6 million. Judge Wendy Beetlestone in Philadelphia delivered the 66-month sentence yesterday, along with a demand for…
