Tag: SBA loans
Nicole Pennington, COVID Loan Wire Fraud, California 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, of London, Kentucky, will spend the next three years and eight months in federal prison after pleading guilty to wire fraud and conspiracy to launder over a…
Nicole Pennington, COVID-19 Relief Program Fraud, Kentucky 2023
London, Kentucky – Nicole Pennington, 50, will spend the next three years and eight months in federal prison after pleading guilty to defrauding COVID-19 relief programs out of over a million dollars. The sentence, handed down Tuesday in Lexington, marks the latest fallout from a nationwide wave of pandemic loan fraud that saw billions siphoned…
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, 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…
