Tag: ppp loan
Smith Johnson, PPP Loan Fraud, Tennessee 2020
⏱ 2 min read A Tennessee firm, Takahata Precision Tennessee, Inc., just got a hefty dose of reality for trying to pull a fast one on the feds. The Knoxville-based company agreed to pay $2.5 million to settle allegations it received and got forgiveness for a Paycheck Protection Program loan while ineligible. Congress created the…
Jacksonville Pastor, Embezzlement, Florida 2020
⏱ 3 min read In a brazen scheme, former Jacksonville church pastor Marcus Eichelberger, 46, allegedly swindled two Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA), netting a cool $50,000. Between March 2021 and February 2022, Eichelberger directed a co-conspirator to submit fake applications for the loans, claiming the funds would be…
Damian Halfkenny, PPP Loan Fraud, Massachusetts 2021
⏱ 3 min read A rogue cop in Boston got caught with his hand in the cookie jar, swiping $21,220 in PPP loan cash meant for small businesses struggling to stay afloat during the pandemic. Damian Halfkenny, 54, a retired Massachusetts State Police Sergeant, submitted a fake application for his real estate business, claiming he…
Sark Wire Corporation, PPP Loan Fraud, New York 2023
Albany, NY – Sark Wire Corporation, a metal manufacturer, will pay $1.9 million to settle federal charges of fraudulently obtaining a Paycheck Protection Program (PPP) loan. The company, facing scrutiny for deliberately misleading the Small Business Administration (SBA), admitted to manipulating employee numbers to qualify for funds intended for struggling American businesses. This isn’t just…
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…
Bradley Temple, COVID-19 Relief Funds Embezzlement, West Virginia 2021
⏱ 2 min read Bradley Temple, 48, a former Wheeling, West Virginia trucking boss now living in Florida, just confessed to ripping off $277,456 in COVID-19 relief cash. Temple, who ran Righteous Brother’s Trucking, lied on applications for both Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds. The scheme unfolded during 2020-2021,…
Bradley Temple, Unlawful Money Transactions, West Virginia 2023
⏱ 2 min read Bradley Temple, 48, a former Wheeling businessman now squatting in Florida, just copped to a brazen scheme: ripping off $277,000 in COVID-19 relief money. The ex-owner of Righteous Brother’s Trucking pled guilty in federal court this week to unlawful money transactions. The feds say Temple lied to get the cash, then…
