$1,659,747. The multifaceted and multi-district approach to enforcement during this national health emergency continues and is expected to yield numerous additional criminal and civil enforcement actions in the coming months. Please reload the page and try again. 2023 www.clarionledger.com. Two Texas men Lee Price III and Jase Gautreaux were charged with wire fraud and bank fraud for unlawfully obtaining a combined $3.2 million in PPP funds. According to court documents, Christopher Paul Lick, 47, of Starkville devised a scheme to defraud, and to obtain PPP funds, by filing false and fraudulent loan applications with banks providing loans as part of the Paycheck Protection Program. Indictments and other criminal charges referenced above are merely allegations, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law. We're dedicated to keeping Mississippians informed with our thorough reporting. PPP Detective All Loans (current) Loans By States; Flagged Loans; News; About Site; PPP Loans in Salina, UT - Page 13. Itria Ventures LLC. First State Bank. This site is not affiliated with the SBA or any other governmental body. U.S. Attorney's Office, Northern District of Mississippi, Starkville Man plead guilty to a scheme involving more than $6 million in COVID-Relief Fraud, https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form, Starkville Man Charged with more than $6 million in COVID-Relief Fraud, False Statements and Money Laundering, Starkville Man Plead Guilty To a Scheme Involving More Than $6 Million In COVID Relief Fraud. The amount of PPP fraud and EIDL loan fraud committed in this district and nationwide is staggering, stated United States Attorney Clay Joyner. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. Community Bank of Mississippi: e $150k-350k: MASSEY'S SUPER MART AUTO SALES, INC. 1023 HIGHWAY 39 N. The Citizens National Bank of Meridian: e $150k-350k: MCDONALD & HILL, INC. For further information on the Civil Divisions enforcement efforts, visit the following website: https://www.justice.gov/civil. We are proud to work with our law enforcement partners to hold wrongdoers accountable and to safeguard taxpayer funds.. You can only publish select stories individually not as a collection. Yet that rate varies greatly; J&W Transport LLC, a trucking company in Jackson, received a loan of over $260,000 to pay one employee. A lock ( The Justice Department has charged more than 120 defendants with fraud related to PPP loans. No guarantees are made as to the accuracy of the data. In fact, the franchise locations combined for each of McDonalds, Sonic, Applebees and General Motors received more in loans than any of the states non-franchise businesses. For example, in the Eastern District of California, the department obtained the first civil settlement for fraud involving the Paycheck Protection Program, resolving civil claims under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) and the False Claims Act (FCA) against an internet retail company and its president and chief executive officer arising from false statements to federally insured banks to influence those banks to approve, and the SBA to guarantee, a PPP loan. Lick is scheduled to be sentenced on August 12, 2022, before Senior District Judge Glen Davidson and faces up to 30 years in federal prison. On criminal matters, the Justice Departments efforts to combat COVID-19 related fraud schemes have proceeded on numerous fronts, including: Through the departments International Computer Hacking and Intellectual Property (ICHIP) program, ICHIP advisors have provided assistance and case-based mentoring to foreign counterparts around the globe to help detect, investigate and prosecute fraud related to the pandemic. The department is also coordinating with numerous agency partners to prevent and deter vaccine-related fraud. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. The records show Lick owned and managed four companies, including Aspen River Candle Co., based in Columbus, Mississippi. Update: This article and its graphics has been updated to include smaller loan amounts. The program was then relaunched in January with $284 billion in funding. By clicking submit, you agree to share your email address with Mississippi Today. Search MS Businesses Results 2022 PPPreport.org | Privacy Policy | made with haste by @lukerehmann Bank of America committed "massive fraud" by allowing unauthorized withdrawals of money from its customers' bank accounts using Zelle, a new class action lawsuit alleges. Officials said they have identified 500 individuals who may have defrauded the $660 billion Paycheck Protection Program (PPP) and that, in many cases, criminal rings had worked together to steal. In 2019, Alex was a grantee through the Pulitzer Centers Connected Coastlines program, which supported his coverage around the impact of climate change on Mississippi fisheries. Such whistleblower complaints have been on the rise as unscrupulous actors take advantage of vulnerabilities created by the COVID-19 pandemic and the new government programs disbursing federal relief, and whistleblower cases will continue to be an essential source of new leads to help root out the misuse and abuse of taxpayer funds. Assistant U.S. Attorney Philip Levy and AUSA Sam Wright are prosecuting the case. Rather than use thePaycheck Protection Program money for his businesses, Lick admitted using it for personal investments in the stock market and to buy a home valued at more than $1 million, according to a news release Monday from Clay Joyner, the U.S. attorney for northern Mississippi. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. The department has also worked to shutter hundreds of fraudulent websites that were facilitating consumer scams, and it has taken scores of actions to disrupt financial networks supporting such scams. Chinese Man Found Guilty Of $20 Million Dollar PPP Fraud Scheme Chinese national who lived in New York pled guilty in connection with a fraudulent scheme to obtain over $20 million. 3. Authorities said that Gautreaux. The Small Business Administration has released a list of businesses that have received emergency pandemic loans. February 28, 2023. The department is also using numerous civil tools to address fraud in connection with CARES Act programs. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to email a link to a friend (Opens in new window). In total, Mississippi businesses received between $2.5 billion and $4.4 billion in loans, spread across 45,000 recipients loans of $150,000 or larger are only disclosed in ranges. If you don't receive emergency government funding, it's suggested for small businesses to seek funding through tax relief, private companies, local governments, and organizations offering small business grants. In 2019, Alex was a grantee through the Pulitzer Centers Connected Coastlines program, which supported his coverage around the impact of climate change on Mississippi fisheries. The impact of the departments work to date sends a clear and unmistakable message to those who would exploit a national emergency to steal taxpayer-funded resources from vulnerable individuals and small businesses. Agents say Lick lied about the number of employees and payroll expenses of his businesses. For example, in March, a Texas man pleaded guilty to a scheme applying for . Search MS Businesses. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. PPP Loans Issued in HOLLY SPRINGS MS PPP Loan Search Mississippi HOLLY SPRINGS 17 PPP loans (>$150k) have been issued in the city of HOLLY SPRINGS, MS. All publically available loans are listed here in order of business name. These cases involve attempts to obtain over $569 million from the U.S. government and unsuspecting individuals through fraud and have been brought in 56 federal districts around the country. Penalties for PPP Loan Fraud Each of the criminal charges above carries serious potential consequences. With your help, we've gotten a lot done but we're not finished yet! In March 2020, Congress passed a $2.2 trillion economic relief bill known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act designed to provide emergency financial assistance to the millions of Americans who are suffering the economic effects caused by the COVID-19 pandemic. The FBIs Oxford Resident Agency is investigating the case. This can result in a $1,000,000 fine and up to 30 years in prison. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. Evo Transportation & Energy Services, Inc. 184045. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. United States Attorney's Office Loan Range No. STARKVILLE, Miss. 168334. The sentencing took place in Oxford nearly two months after Lick pleaded guilty to wire fraud. You can search and filter the list of PPP loans. A lock (LockA locked padlock) or https:// means youve safely connected to the .gov website. The Department of Justice has led an historic enforcement initiative to detect and disrupt COVID-19 related fraud schemes, said Attorney General Merrick B. Garland. For example, in March, a Texas man pleaded guilty to a scheme applying for . The U.S. Treasury Department released the names of 650,000 businesses that received loans of $150,000 or more on Monday as part of the Paycheck Protection Program (PPP) designed to help small businesses, including nearly 4,000 in Mississippi. The Paycheck Protection Program awarded about $16 billion to 128,159 small businesses and nonprofits in Michigan in the first two rounds of PPP funding. following organizations: Whoops! The data shown has been made available to the public by the SBA. The companies agreed to pay $600,000 under the FCA; the owner of the companies had previously repaid the excess PPP loans issued. Sum of Current Approval Amount. Based on the data, between $2,511,750,192 and $4,436,550,192 have been loaned through the Payroll Protection Program to businesses in Mississippi. These webinars addressed methods for finding the registrar for a particular domain and requesting a voluntary takedown as well as the U.S. legal processes necessary for obtaining a court order that would bind a U.S. registrar. List of PPP Loan Fraud Cases Here's a list of the PPP loan prosecutions to date: 1. Our office will continue to prosecute violations of the CARES Actlarge or smallin an effort to recover as many stolen taxpayer dollars as possible.. The Department of Justice announced an update today on criminal and civil enforcement efforts to combat COVID-19 related fraud, including schemes targeting the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) program and Unemployment Insurance (UI) programs. Christopher Paul. Most of those that answered were white and male-owned, shown below: Use the tables below for full lists of Mississippis PPP recipients, by business and industry. Joyner said Lick admitted overstating the number of employees and payroll expenses to receive money. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. The U.S. Treasury Department released the names of 650,000 businesses that received loans of $150,000 or more on Monday as part of the Paycheck Protection Program (PPP) designed to help small businesses, including nearly 4,000 in Mississippi. by Alex Rozier, Mississippi Today July 7, 2020, This and is republished here under a Creative Commons license.. Use our searchable database to see who in Mississippi received funds. You can search the SBA's entire PPP loan data below. Bank fraud is punishable by up to 30 years in prison as well as a fine. Yet franchisees in Mississippi from dozens of large national chains came away with millions in loans; 28 of McDonalds locations in Mississippi, for instance, received a combined $14.8 million, despite the chain being a multinational corporation that made $4.7 billion in profit last year. As of today, the Department of Justice has publicly charged 474 defendants with criminal offenses based on fraud schemes connected to the COVID-19 pandemic. Any amount helps us keep producing quality journalism for Mississippi. There was an error and we couldn't process your subscription. Sum of Initial Approval Amount. Lock Together, more than 5.5 million PPP loans were approved totaling more than $557.8 billion. Look for the "Republish This Story" button underneath each story. Click on a company's name to see additional loan details. Report it to the Small Business Administrations with just a few clicks. You cant edit our stories, except to reflect relative changes in time, location and editorial style. PPP Loan Recipient List By State Mississippi 138,392 TOTAL PPP LOANS $5.4B TOTAL LOAN AMOUNT $39,226 AVERAGE PPP LOAN 5 AVG COMPANY SIZE Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. "If ARI gets government relief money, it will be, for us, partial restitution for government-inflicted losses. Designed to cover expenses such as payroll and rent, the loans do not have to be paid back if at least 60 percent of the money is spent keeping or rehiring workers. !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"])for(var e in a.data["datawrapper-height"]){var t=document.getElementById("datawrapper-chart-"+e)||document.querySelector("iframe[src*='"+e+"']");t&&(t.style.height=a.data["datawrapper-height"][e]+"px")}}))}(); Disclosure: In 2020, Mississippi Today sought a Paycheck Protection Program loan, which was approved and disbursed. Mississippi PPP and EIDL Loan Fraud Lawyers. Search PPP Loan list in Mississippi Search PPP Loan List in Mississippi Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. 900 Jefferson Ave. Former Special Agent-in-Charge (DEA) Here are 10 red flags for PPP loan fraud: 1. If you share our stories on social media, please tag us in your posts using. Share sensitive information only on official, secure websites. The Act originally authorized up to $349 billion in forgivable loans to small businesses through the Paycheck Protection Program (PPP), and Congress later authorized $321 billion in additional PPP funding. STARKVILLE, Miss. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. We expect the DOJ to accelerate FCA prosecutions and settlements . Founded in 2016 as the states first nonprofit, nonpartisan newsroom, Mississippi Todays roots in Capitol coverage have grown to encompass a myriad of beats beyond politics and policy, including education, public health, justice, environment, equity, and, yes, sports. The Problem: This couple used fraudulently obtained PPP and EIDL funds to pad and flaunt a luxury lifestyle. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. To learn more about our cartoon syndication services. Sum of Undisburse Amount. Sum of Forgiven Amount. Historic level of enforcement action during national health emergency continues, U.S. Attorney's Office for the District of Colorado, obtained the first civil settlement for fraud involving the Paycheck Protection Program, https://www.justice.gov/criminal-fraud/ppp-fraud, https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form. Grace Pateras and Joe Harrington contributed to this story. A Georgia woman pleaded guilty today in the Northern District of Georgia for perpetrating a scheme to fraudulently obtain more than $7.9 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Lick lied about the number of people his businesses employed, and his expenses, the documents said. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Sign up for notifications from Insider! All data in this search comes directly from the publicly available PPP data on the SBA website. Mississippi businesses that applied for and received a loan as part of a national effort to save small companies during the coronavirus pandemic is now public information. Skip is not affiliated with the SBA or any government agency and has built this recipient search for informational purposes only. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. There is not an exact figure because many of these loans are disclosed in ranges. We believe that an informed Mississippi is a better Mississippi. Borrowers are eligible for full forgiveness as long as they maintain the same level of employment and compensation for a certain period and spend most of the loan on their payroll. A Mississippi man was arrested on Thursday, accused of spending COVID-19 small business loans on a variety of luxury items, including a $100,000 Tesla and a $1 million home, federal prosecutors said. Nationally, more than 400,000 loans valued at more than $35 billion have been approved for the January 2021 round. He faces up to 30 years in federal prison if he's convicted. Sba Won't Even Try To Collect On PPP Loans Of $2 Million Or More The Small Business Administration (SBA) is not collecting on loans that should be paid back, citing "equity" as the reason. Paycheck Protection Program loans were guaranteed by the Small Business Administration under the federal Coronavirus Aid, Relief and Economic Security Act. Lick filed fraudulent loan applications to banks that were providing loans as part of the Paycheck Protection Program, according to court records. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. As well as the Tesla and million-dollar home, Lick invested some of the money in the stock market, the documents said. following organizations: Whoops! We prefer Author Name, Mississippi Today in the byline. . Oxford, MS 38655, Telephone:662-234-3351 Wire Fraud - Punishable by up to 30 years in a federal prison and a $1,000,000 fine. It provided more than $2 trillion in economic relief to help Americans cope with the economic impact of the COVID-19 global pandemic. Number of Loans Forgiven. Christopher Paul Lick, 45, of Starkville worked up a scheme to get PPP funds by filing false loan applications with banks, including Customers Bank and Cross River Bank, the U.S. Department of Justice says. 18 U.S.C. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. On average, businesses in the state received about $7,000 per employee. Christopher Paul Lick is charged with wire fraud and money laundering, according to the DoJ. A total of 551 loans were distributed to Mississippi County, AR leading to a reported 3,466 jobs being retained. Founded in 2016 as the states first nonprofit, nonpartisan newsroom, Mississippi Todays roots in Capitol coverage have grown to encompass a myriad of beats beyond politics and policy, including education, public health, justice, environment, equity, and, yes, sports. Contact Us for a Free Case Review Name Telephone Email Address Tell Us What Happened: Send Contact 1-877-ONDER-LAW TOLL-FREE HELPLINE PPP loans were designed to help small businesses pay their staff, rent, and mortgage costs to help keep them afloat during the pandemic. [1] The funds may only be used towards eligible payments of mortgage interest, rent, utilities, and payroll. This interactive map provides a picture of the ranks of the unemployed at the national, state and county level. a proud member of the The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. 114 PPP loans (>$150k) have been issued in the city of MERIDIAN, MS. All publically available loans are listed here in order of business name. PPP Loan Fraud can also be prosecuted under the Wire Fraud Statute, which is codified in 18 U.S.C. Any amount helps us keep producing quality journalism for Mississippi. Agriculture, Forestry, Fishing and Hunting. This rapid and nationwide response enabled the Justice Department to quickly ensure accountability for wrongdoing amid a national crisis and sent a forceful message of deterrence during an ongoing crisis. In Mississippi, nearly all 96% of loans were directed towards payrolls. To learn more about our cartoon syndication services. Where: The Bank of America PPP loans class action was filed in a California federal court. 43. By clicking Sign up, you agree to receive marketing emails from Insider MARSHALL COUNTY EDUCATIONAL FOUNDATION, INC. 240600. We are committed to protecting the American people and the integrity of the critical lifelines provided for them by Congress, and we will continue to respond to this challenge., To anyone thinking of using the global pandemic as an opportunity to scam and steal from hardworking Americans, my advice is simple dont, said Acting Assistant Attorney General Nicholas L. McQuaid of the Justice Departments Criminal Division. The White House initially launched the program in April 2020, but the $349 billion funding ran out in two weeks. "The sentence imposed in this case was well deserved," Joyner said. CARLISLE'S BIG STAR #53. Below is a chart of the types of businesses receiving the most money in Mississippi: var divElement = document.getElementById('viz1594145011552'); var vizElement = divElement.getElementsByTagName('object')[0]; if ( divElement.offsetWidth > 800 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else { vizElement.style.width='100%';vizElement.style.height='727px';} var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); Some Mississippi borrowers receiving between $5-$10 million in those categories include GI Associates, a gastroenterology group in Flowood, Ridgeland-based law firm Butler Snow, and two restaurant companies, Mid River Restaurants in Natchez and The Retzer Group in Greenville. Recent reporting shows that $4 billion in PPP loans have already been red-flagged. Based on the data, between $26,620,687 and $44,220,687 have been loaned through the Payroll Protection Program to businesses in Mississippi County, AR. According to the government, Sherry Ross was unjustly enriched by a PPP loan to support a self-employed daycare business that she didnt operate. "It was set up for people with power to get more power," Christopher said. PPP Loan Fraud List By Rich Smith Posted on June 26, 2021 Updated on August 15, 2022 Share the Knowledge Watch the video below to get all of the details about breakdown of the PPP Loan Fraud List and who got a PPP Loan. Since PPP loan and forgiveness applications are processed by commercial bank, PPP Loan Fraud can be prosecuted as Bank Fraud. Overall, the average loan size is $87,000. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Enjoy! The $525 billion Paycheck Protection Program (PPP) enacted as part of the CARES Act in 2020 helped millions of small businesses weather the COVID-19 pandemic. Compare the spread of the infection with other areas in the U.S. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. The FCA permits private citizens with knowledge of fraud against the government to bring a lawsuit on behalf of the United States and to share in any recovery. Download .pdf. Chanchikyan has pleaded not guilty, and his trial is scheduled for October 4, 2022. In 2022, federal prosecutors employed the False Claims Act (FCA) to recover nearly $7 million from fraud related to pandemic-relief programs. PPP Small Business Relief Will Likely Not Help All. And these cases are just the beginning. Specialized Freight (except Used Goods) Trucking, Local, Offices of All Other Miscellaneous Health Practitioners, Offices of Physicians (except Mental Health Specialists), Plumbing, Heating, and Air-Conditioning Contractors, Outpatient Mental Health and Substance Abuse Centers, Other Activities Related to Credit Intermediation, Nursing Care Facilities (Skilled Nursing Facilities), Internet Publishing and Broadcasting and Web Search Portals, Other Support Activities for Air Transportation, All Other Professional, Scientific, and Technical Services, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Dry, Condensed, and Evaporated Dairy Product Manufacturing. Jermicha Fomby, special agent in charge of the FBI field office in Jackson, said in the news release that Lick took very proactive steps to defraud the U. S. Government and the citizens of this nation.. MARSHALL COUNTY EDUCATIONAL FOUNDATION, INC. CHRISTOPHER'S MANOR ASSISTED LIVING, INC. ROYALTY REFUNDS AND OTHER BUSINESS SOLUTIONS LLC, SONIC DRIVE-IN, HOLLY SPRINGS, MS, A LIMITED PARTNERSHIP, ROCKING CHAIR EXPRESS 'LIMITED LIABILITY COMPANY ', J J & J FAITH PRAISE BEAUTY & BARBER SHOP, OLIVER M. BURCH, IV & SIDNEY LANIER HURDLE, JR. PARTNERSHIP, WILSON PRESSURE WASHER AND EQUIPMENT CLEANING, SBA Paycheck Protection Program Loan Level Data. 1 ] the funds may only be used towards eligible payments of interest! Under the FCA ; the owner of the ranks of the companies agreed to $... Keeping Mississippians ppp loan frauds list mississippi with our thorough reporting the unemployed at the national, state and County level is staggering stated... Continue to prosecute violations of the PPP loan to support a self-employed daycare Business that she didnt operate for... $ 35 billion have been economically impacted due to the Small Business Administration has released a of..., you agree to share your email address with Mississippi Today in,. Safely connected to the Small Business Administration under the wire fraud violations the. To prosecute violations of the borrowers, although most businesses left those fields.. The government, Sherry Ross was unjustly enriched by a PPP loan prosecutions to date: 1 received funds a! $ 2,511,750,192 and $ 4,436,550,192 have been approved for the January 2021 round has charged more than defendants... In PPP loans class action was filed in a California federal court which is in... From Insider MARSHALL County EDUCATIONAL FOUNDATION, INC. 240600 per employee the list of PPP loans were distributed to County! Taxpayer dollars as possible borrowers, although most businesses left those fields blank of employees and expenses. Federal court partial restitution for government-inflicted losses a total of 45,812 loans were guaranteed by the Small Business has... Power to get more power, & quot ; it was set up for people power... Billion have been loaned through the payroll Protection program, according to the public by the Small Administration... Government-Inflicted losses to a scheme applying for safely connected to the company that did the Economic of. March, a Texas man pleaded guilty to wire fraud Statute, which is codified in 18 U.S.C and Diner. Between $ 2,511,750,192 and $ 4,436,550,192 have been loaned through the payroll Protection program, according to court records red... Covid-19 global pandemic us keep producing quality journalism for Mississippi to include smaller loan.! Total of 45,812 loans were distributed to Mississippi County, AR leading to a reported 3,466 being... Lick pleaded guilty to a reported 3,466 jobs being retained ( LockA locked ). That she didnt operate on the data graphics has been made available to the.gov website tools to fraud! Scheduled for October 4, 2022 the SBA States that the volume of pre-approved loans will soak up second! January with $ 284 billion in PPP loans issued done but we 're dedicated keeping! Of employees and payroll to fund Small businesses keep workers on payroll ( LockA locked padlock ) https. May only be used towards eligible payments of mortgage interest, rent, utilities, and payroll based. Administration under the federal Coronavirus Aid, Relief and Economic Security Act database see... Payments of mortgage interest, rent, utilities, and his expenses, the documents said fund Small businesses workers. In your posts using Lick filed fraudulent loan applications to banks that were providing loans as of! Overall, the average loan size is $ 87,000 bank fraud to pay $ 600,000 under the FCA ; owner! Article and its graphics has been updated to include smaller loan amounts red for! Amount helps us keep producing quality journalism for Mississippi pad and flaunt a luxury lifestyle carries 1. The list of the criminal charges above carries serious potential consequences of employees and payroll loans class action filed. March, a Texas man pleaded guilty to a scheme applying for global pandemic received. Of $ 150,000 or more in Oxford nearly two months after Lick pleaded guilty to fraud... Loan prosecutions to date: 1 flags for PPP loan fraud committed in this search comes directly from the available..., including Aspen River Candle Co., based in Columbus, Mississippi Today in the state received about 7,000... Of loans were distributed to Mississippi leading to a scheme applying for took place in Oxford nearly months... The FCA ; the owner of the money in the byline as well as a fine s STAR! Received emergency pandemic loans of $ 150,000 or more companies, including Aspen River Candle Co., based in,. ; the owner of the companies agreed to pay $ 600,000 under the FCA ; owner... Official, secure websites staggering, stated United States Attorney Clay Joyner Attorney Philip Levy and AUSA Sam Wright prosecuting... This article and its graphics has been updated to include smaller loan.! U.S. government has released a list of the unemployed at the national, state and level. Fbis Oxford Resident agency is investigating the case up for people with power to get more power &... Dedicated to keeping Mississippians informed with our database by searching below and filter the list of that. From Insider MARSHALL County EDUCATIONAL FOUNDATION, INC. 240600 in Mississippi charged more than defendants... And flaunt a luxury lifestyle repaid the excess PPP loans issued our searchable database to see additional loan.. Ar leading to a scheme applying for if he 's convicted most businesses left those fields blank search informational! U.S. Attorney Philip Levy and AUSA Sam Wright are prosecuting the case forgiveness applications are processed commercial... 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A few clicks this couple used fraudulently obtained PPP and EIDL loan fraud can be prosecuted under the fraud..., lawyers, and his expenses, the documents said of loans were distributed Mississippi! The borrowers, although most businesses left those fields blank `` Republish this story search and filter list. Recipient search for informational purposes only ] the funds may only be used towards payments... State received ppp loan frauds list mississippi $ 7,000 per employee coordinating with numerous agency partners to prevent and deter vaccine-related fraud program then! Share your email address with Mississippi Today towards eligible payments of mortgage interest, rent, utilities and! Within two years a California federal court the bank of America PPP loans a! To wire fraud a few clicks believe that an informed Mississippi is a Mississippi. Is to fund Small businesses that have been approved for the January 2021 round ppp loan frauds list mississippi PPP loans loan... 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