Tag: PPP loans
Joshua Maiden, Wire Fraud, South Carolina 2021
⏱ 2 min read A brazen $1.1 million wire fraud scheme unraveled in South Carolina, with five suspects, including a state prisoner, accused of swindling taxpayers out of COVID-19 relief funds meant for struggling businesses. Joshua Maiden, a 42-year-old inmate at the South Carolina Department of Corrections, allegedly claimed to own a lucrative landscaping business…
Nicole Pennington, COVID-19 Relief Fund Theft, Kentucky 2023
⏱ 2 min read RELATED: COVID Loan Scam Lands KY Woman 44 Months SEE ALSO: Teacher Gets 13 Years For Exploiting Minors LONDON, KY – Nicole Pennington, 50, will spend the next three years and eight months behind bars after a federal judge slapped her with a 44-month sentence Tuesday. The charge? Ripping off the…
Frank Hamilton, Loan Fraud, California 2023
⏱ 2 min read Frank Hamilton, 55, of Simi Valley, California, is trading sunshine for a federal cell after a Philadelphia judge hit him with 66 months in prison yesterday. Hamilton masterminded a scheme to fleece banks and the Small Business Administration out of millions, filing bogus loan applications before the pandemic even started and…
Frank Hamilton, SBA Loan Scam, California 2023
⏱ 2 min read Frank Hamilton, 55, of Simi Valley, California, is trading sunshine for shadows after getting 66 months in federal prison yesterday. The career con man ran a multi-million dollar scheme to rip off the Small Business Administration, raking in over $6 million in fraudulent loans both before and during the pandemic. Judge…
Frank Hamilton, Loan Fraud, California 2023
⏱ 2 min read Frank Hamilton, 55, of Simi Valley, California, is facing 5 1/2 years in federal prison after admitting he masterminded a scheme to fleece banks and the Small Business Administration out of over $6 million. Judge Wendy Beetlestone delivered the 66-month sentence yesterday in Philadelphia, and ordered Hamilton to repay the full…
Frank Hamilton, Loan Fraud, California 2023
⏱ 3 min read Frank Hamilton, 55, of Simi Valley, California, is facing 5.5 years in federal prison after a Philly judge sentenced him yesterday for orchestrating a multi-million dollar loan fraud. Hamilton ran a scheme that skimmed over $6 million from banks, lenders, and the Small Business Administration (SBA), stretching from pre-pandemic loans all…
