Ppp loan frauds list arkansas Since the inception of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real Jul 1, 2024 · Jackson laundered some of the proceeds of Gaines Reservation and Travel’s PPP loan, receiving over $300,000 of the stolen PPP funds into her business’s bank account. Since the inception of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real Jun 22, 2022 · Francis J. Whitaker and Coleman created fraudulent supporting documents and applications for each PPP loan in exchange for 25% of the total loan proceeds. 29 with 14 employees. 255: 3,630,230: April 27, 2020 May 18, 2021 · A cursory look through PPP recipients in Arkansas inspires questions — such as loans to people for businesses with no Internet footprints or, in one case I noticed, a revoked business license. Apr 4, 2024 · According to federal court documents, Carroll is facing 4 counts of wire fraud and 4 counts of money laundering for abusing the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans Oct 23, 2024 · Social media is abuzz with videos alleging a list of active warrants has been released for people thought to have engaged in Paycheck Protection Program (PPP) loan fraud. Oct 24, 2024 · Search for a borrower, or if you want to see how many people received loans in your state and other interesting facts, check out our PPP dashboard. The government has also reportedly generated a list of people who should be arrested for PPP loan fraud. Ms. FCA Now Blog Post. The case was brought in Little Rock, Arkansas. Oct 11, 2023 · The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. Although SBA subsequently added certain fraud prevention controls in 2021, the initial implementation of PPP prioritized the speed of disbursing funds rather than scrutiny Jul 7, 2020 · As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Tubbs pleaded guilty to one count of bank fraud. The data contains all original variables and new variables added with minimally, consistently, and confidently normalized character strings. 6, 2024 — Three people were sentenced today for fraudulently obtaining and misusing Paycheck Protection Program (PPP) loans that the U. government covertly started a campaign to send out arrest warrants to anyone who received a PPP loan fraudulently. Ongoing investigations led to the government extending the statute of limitations for prosecuting PPP funds Summary of PPP Loans in Arkansas A total of 42,823 loans were distributed to Arkansas leading to a reported 379,074 jobs being retained. 19, 2023 for their role in operating a nation-wide scheme to help people across the country commit millions of dollars of PPP fraud from their home in Texas. Battista allegedly supported his fraudulent loan applications by submitting fake tax documents, bank records and payroll summaries. Federal prosecutors across the United States filed bank fraud, wire fraud, money laundering, identity theft, and other charges against 524 individuals associated with these cases. ppp-paycheck protection program eidl-economic injury disaster loan wire fraud Mar 31, 2025 Former EDD Employee Sentenced to 66 Months for Mail Fraud and Bribery Scheme Once the PPP loans were funded, the co-conspirators would pay her up to $5,000 for making and submitting the false loan applications. com® Loan Forgiveness Center; COVID-19 EIDL; COVID-19 Emergency Bridge Loans; COVID-19 Debt Relief; Main Street Lending; View All In March 2021 Carroll applied for a second PPP loan for WCRS, the loan was granted for $146,848. 0 – New Round & Second-Draw Details; PPP – How It Works; PPP - Funded Companies; PPP – Loans Fact Sheet; PPP – 1099; PPP – Loan Calculator; PPP – FAQ; SBA. government and relator Bryan Quesenberry (“Relator”) to settle allegations that DMI obtained two first draw loans under the Paycheck Protection Program (“PPP” or Name Jobs Reported Current Loan Loan Forgiveness; Amount ($) Date Approved Amount ($) Date; WENDELTA, INC: 500: 10,000,000: April 8, 2020: 10,113,889: June 11, 2021 Oct 18, 2022 · The Department of Justice announced today new criminal charges, convictions, and sentences as part of its ongoing initiative to prosecute fraud in connection with various pandemic relief programs under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, including the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program, as well as Analysis of PPP and COVID-19 EIDL Charges Illustrates Fraud Schemes and Their Actual and Potential Impacts 21 Our Analysis Reveals Millions of PPP and COVID-19 EIDL Recipients with Fraud Indicators, and Certain Lenders Originated Higher Rates of Fraudulent PPP Loans 44 Enhanced Data Analytics Can Help SBA Identify Potentially Jul 7, 2020 · As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. 72. Search the PPP Loan Database See the data on which businesses in your city and around the country have benefitted from a PPP loan. (“DMI”) and Margarita Risis, DMI’s sole shareholder, entered a settlement agreement with the U. This analysis is based on fraud cases publicly announced by the Department of Justice (DOJ) as of December 2021. Borrower Name: Search X Mar 12, 2021 · Based on the false representations she made in the loan application, The Little Piglet Soap Company received a PPP loan for $414,375. The Government alleged that Ms. On the loan application she said she had 13 employees. The funds were transferred via a check in the amount of $155,252. Area: Hinds County: Number of Loans Approved: 12,819: Sum of Initial Approval Amount: 570,040,366: Sum of Current Approval Amount: 567,318,920: Sum of Undisburse Amount May 18, 2023 · GAO analyzed 330 PPP and COVID-19 EIDL fraud cases. DOJ Press Release. Settlement Agreement S ummary: Daniel Markus, Inc. Battista, of Aston, Pennsylvania, filed 19 fraudulent applications for PPP and EIDL loans in 2020 and 2021, seeking over $10 million in loans. Apr 6, 2024 · Carroll applied for two PPP loans, one for over $188,000 and another for over $190,000. In addition to the wire fraud conspiracy, Daisha Sanders is charged with one count of wire fraud and each of the remaining defendants is charged with aiding and abetting Daisha Sanders in one count of wire fraud. | <a href Aug 21, 2024 · Whitaker and Coleman pled guilty on Jan. | <a href Oct 11, 2023 · The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. PPP 2. On the loan application, WCRS's Average Monthly Payroll was listed as $58,739. Tubbs submitted fraudulent loan applications and obtained almost $2 million in COVID-19 relief funds. “Y’all are dumb as f--k if you believe there’s a ‘warrant list’ for PPP loans Easily search and sort PPP loan data by any of the 16 categories, including industry, geography, race, and gender. See our documentation for more information. Name Jobs Reported Current Loan Loan Forgiveness; Amount ($) Date Approved Amount ($) Date; ARKANSAS FOUNDATION FOR MEDICAL CARE, INC. Oct 23, 2024 · In October 2024, social media users ran amuck after reports surfaced that the U. Dec 2, 2020 · Each record represents a loan made from a commercial lending bank to a small business and backed by the federal government. . Small Business Administration guaranteed under the Coronavirus Aid, Relief, and Economic Security (CARES) Act in connection with their involvement in a COVID-19 fraud ring. For example, SBA launched PPP on April 3, 2020, one week after enactment of the CARES Act, with limited controls in place to ensure program integrity. 50 and a wire transfer in the amount of $179,985. Jan 30, 2023 · funds. Again, this money was used for another car and Name Jobs Reported Current Loan Loan Forgiveness; Amount ($) Date Approved Amount ($) Date; O'CHARLEY'S HOLDINGS LLC: 62: 10,000,000: April 4, 2020: 10,132,329 Jan 12, 2021 · $268,300 Second First Draw . The indictment, which was returned by a grand jury on July 7, 2020, charged Tubbs with two counts of bank fraud, two counts of making a false statement on a loan application, and one count of engaging in a The SBA Inspector General estimates that there was over $64 billion in fraud from PPP. Sep 6, 2023 · PPP loan fraud investigations are based on public data that is incomplete The public data on PPP loans contains a lot of suspicious patterns, but it can also send people on wild goose chases. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. Search data from Google Feb 6, 2024 · Feb. S. Based on the data, between $2,619,032,470 and $4,718,232,470 have been loaned through the Payroll Protection Program to businesses in Arkansas. May 13, 2021 · Ganell Tubbs was charged with two counts of bank fraud, loan application fraud, and money laundering. spxtjun ojlbzd wwreso jftaw fzrmc myny zgh knqn mytl rwlod kfe epv ssipk kckyp tzd