Reports

Reversing a federal magistrate judge’s ruling, United States District Judge Robert N. Scola, Jr. has ordered that Kenny Terlent, 19, will remain in a federal detention center without bond pending his trial on charges of illegally possessing a machine gun, identity theft, and Covid-19 benefit related fraud.

BOSTON – A former New Bedford man pleaded guilty in federal court in Boston yesterday to federal wire fraud charges arising from claims for Pandemic Unemployment Assistance (PUA) funds.

BOSTON – A Stoneham man was indicted today in connection with his alleged involvement in a fraudulent scheme to obtain COVID-19-related unemployment assistance.

Seventeen more individuals have been charged in connection with a fraudulent scheme to obtain approximately $11.1 million in Paycheck Protection Program (PPP) loans and to use those funds to purchase luxury vehicles, jewelry and other personal items.

A California man was arrested today in Los Angeles on criminal charges related to his alleged bank fraud, false statements in a loan application and money laundering arising from the submission of fraudulent applications for Paycheck Protection Program (PPP) funds.

Acting U.S. Attorney Bridget M. Brennan announced that a federal grand jury returned a four-count indictment charging Robert Bearden, 49, of Chesterland, Ohio, with three counts of wire fraud and one count of theft of government funds.

A former South Florida banker was sentenced this week to 42 months’ imprisonment for participating in two frauds: the first, a scheme to steal over $60 million from investors and producers seeking financing for movies and Broadway shows; the second, concealing his criminal history on applications for COVID-19 relief loans.

BOSTON – A Lawrence woman pleaded guilty today in connection with her involvement in a scheme to fraudulently obtain COVID-19-related unemployment assistance.