Saturday, January 23, 2021
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COVID-19 Fraud

The COVID-19 pandemic is causing us to navigate unchartered waters. Fraud related to this outbreak is no exception. Get the latest headlines here to stay informed.

COVID Feature: Fraud Debris

A business owner from Virginia Beach, Va., is one of the latest to be accused of fraudulently obtaining coronavirus relief loans and using the funds for personal expenses. (Scott Suber is currently facing one count of bank fraud for being extremely selfish, amongst other...

COVID Feature: Investigating the Investigator

Nadine Jackson of Dayton, Ohio pleaded guilty to wire fraud related to fraudulently obtaining two coronavirus relief Paycheck Protection Program (PPP) loans. She also pleaded guilty to making a false statement to a financial institution. (When the government doles out money, you can be...

COVID Feature: One Fraud Too Many

Two men from California’s San Fernando Valley have been arrested in connection with a fraudulent Paycheck Protection Program (PPP) loan scheme. Business partners Steven Goldstein and Raymond Magana are accused of illegally obtaining more than $1.95 million in PPP loans for their companies by...

COVID Feature: A Missed Shot

A high school basketball coach from Fort Lauderdale has been accused of defrauding relief programs intended for those impacted financially by the coronavirus pandemic. Terrance Williams has been arrested and charged on numerous counts of financial crimes related to defrauding COVID-19 relief programs out...

COVID Feature: Back 2 Back 

Austin Hsu of Issaquah, Washington is one of the latest fraudsters to take advantage of the pandemic. He has been charged with fraudulently seeking over $1.1 million in COVID-19 relief loans. He applied for loans through the Economic Injury Disaster Loan (EIDL) program and...

COVID Feature: In for a Penny, In for a Pound

The government passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 to provide financial assistance to those who were impacted by COVID-19. Fraudsters have since used the nation’s vulnerability to take advantage of the programs and resources authorized by the...

COVID Feature: Nowhere to Fly Away To

The Coronavirus Aid, Relief, and Security (CARES) Act was passed in March 2020 to provide economic assistance to struggling families and businesses who have been affected by the coronavirus pandemic. Fraudsters have abused the programs enacted by the CARES Act for their own financial...

COVID Feature: Once A Fraudster Always A Fraudster

A Salt Lake City, Utah rental company owner, who was previously convicted of securities fraud and communications fraud, pleaded guilty in federal court to fraudulently applying for loans through the Paycheck Protection Program (PPP). (You think he would have learned his lesson after the...

COVID Feature: Already on the Inside

Nearly two dozen Pennsylvania inmates have been charged, along with their accomplices on the outside, with conspiring to obtain unemployment benefits intended for those who have been adversely affected by the COVID-19 pandemic. Pennsylvania Attorney General Josh Shapiro charged 20 inmates and accomplices across three...

COVID Feature: A Fraud Pandemic

The coronavirus pandemic has severely impacted the ability of small businesses to retain employees and families to make ends meet. The federal government enacted several programs to financially assist Americans through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Unfortunately, the increase in...
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