Tag: cares_act
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Chickaloon Man Sentenced to Two Years for COVID-19 Relief Fraud
A Chickaloon man received a two-year prison sentence for defrauding over $170,000 from COVID-19 relief programs. Christopher Staggs used a fake LLC and stolen identities to file fraudulent unemployment claims, splitting proceeds with co-conspirators.
Law EnforcementPolitics and GovernmentBusinessLegalFederal GovernmentEconomySocial Issues Christopher StaggsCOVID-19 FraudWire FraudCARES ActARPAAlaskaNational Fraud Enforcement DivisionFBI
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Casino Owner Andy Sanborn Charged with Misusing CARES Act Funds
Concord Casino owner Andy Sanborn faces charges for allegedly misusing over $250,000 in federal CARES Act EIDL funds, diverting them for personal expenses like a Porsche instead of business working capital.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyLegal Andy SanbornConcord CasinoCARES ActTheft of Government FundsEconomic Injury Disaster LoanNew HampshireFraudFBI
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FTC Halts Deceptive Mortgage Relief Operation Targeting Homeowners
The FTC has temporarily halted a deceptive mortgage assistance relief operation in California. The scheme allegedly targeted homeowners, falsely claiming CARES Act affiliation and charging unlawful upfront fees for mortgage relief.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomyFinancial MarketsSocial Issues FTCMortgage AssistanceCARES ActFraudHomeownersCaliforniaLawsuit