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San Diego Restaurant Owner Convicted of Tax and COVID-Relief Fraud Schemes

SAN DIEGO – A federal jury convicted San Diego restaurant owner Leronce Suel of wire fraud, conspiracy, and tax crimes for providing bogus information in applications for COVID relief programs and failing to report more than $1.7 million in revenue to the IRS.

Southern Oregon Restaurant Sentenced in Federal Court for Stealing Covid Relief Program Funds

A southern Oregon restaurant was sentenced in federal court today for stealing more than $759,000 in federal funds intended to help small businesses during the Covid-19 pandemic

Former Montgomery County Restaurant Owner Charged with PPP and RRF Loan Fraud

Brockton Man Sentenced for Fraudulently Obtaining More Than $1.5 Million in COVID-Relief Funds

BOSTON – A Brockton man was sentenced yesterday in federal court in Boston for a scheme to submit false applications to obtain Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL) funds through the Small Business Administration (SBA) that were made available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

San Diego Restaurant Owner Charged with Tax Fraud and COVID-Relief Fraud

Brockton Man Pleads Guilty to Fraudulently Obtaining More Than $1.5 Million in COVID-Relief Funds

BOSTON – A Brockton man pleaded guilty today in federal court in Boston in connection with a scheme to submit false applications to obtain Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL) funds through the Small Business Administration (SBA) that were made available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

White Paper: 7(a) Loan Program During SBA’s Response to the COVID-19 Pandemic

We prepared this white paper to report on the U.S. Small Business Administration’s (SBA) 7(a) loan program performance during SBA’s response to the Coronavirus Disease 2019 (COVID-19) pandemic and address potential risks SBA should consider in managing the program.We identified factors that could impact the 7(a) loan program and should be considered in SBA’s program risk strategy. Specifically, in FY 2021, the total amount of loans increased to $31.4 billion from $19.4 billion in FY 2020 (62 percent increase) and $20.6 billion in FY 2019 (53 percent increase), as did the average loan amount...

Brighton Man Pleads Guilty to $1.5 Million COVID-Relief Fraud