WASHINGTON (Reuters) – A Colombian man has been charged with felony criminal mischief for plotting to steal more than $ 17 million from the Peach Protection Program (PPP) and the Economic Damage and Credit Unit (EDL).
The announcement was made by US attorney Channing de Phillips and is an interim special agent at the Washington, D.C. The case is pending in the U.S. District Court for the District of Columbia.
The indictment alleges that Elias Eldabag, 30, used more than $ 17 million in pp. LLC. The indictment alleges that Eldabag successfully stole more than $ 2.3 million from PPP and EIDL programs.
Eldababa was arrested and arraigned in the United States this afternoon in the District of Columbia. He was released on bail pending trial on August 30.
The CARES Act It was enacted in March 2020 or by federal law and is designed to provide emergency financial assistance to millions of Americans affected by the COVID-19 epidemic. . One source of assistance provided by CARES law is the provision of billions in pardons for small businesses and other costs through the Business Protection Program (PPP) program.
Economic Disaster Risk Loan (EIDL) is a small business management loan designed to provide assistance to small businesses that have suffered severe economic losses. EIDL helps businesses meet the necessary financial obligations that could have been met if the accident had not occurred. It relieved the economic damage and allowed businesses to occupy reasonable working capital at the time of the disaster.
According to the indictment, Eldababah used at least 13 fraudulent PPP loans and at least one fraudulent PPP loan application from the names of Alias Systems, LLC, using stolen identities and stolen tax returns between July 2020 and July 2021. By Alias Systems, L.C. Based on these applications, Eldabag has embezzled more than $ 2.3 million from the PPP. Al-Dabagg is also accused of attempting to transfer or obtain funds illegally obtained by the IRS.
Eldabag counted five wire frauds, 14, 14 serious identity theft cases involving money laundering, and one count of disposal or disposal. If Eldababa is found guilty, he will be sentenced to 20 years in prison for each wire fraud count, ten years in prison for money laundering, and two years in prison for serious identity theft. Any wire fraud and five years imprisonment for counting of seizures or loss of property. The lawsuit includes 20 U.S. bank accounts and 2020 Tesla fraudulent proceeds. The federal district court judge will decide any sentence, taking into account the US Penal Code and other legal circumstances.
On May 17, the Attorney General established the Covide-19 Fraud Task Force in collaboration with government agencies to increase efforts to combat and prevent fraud related to cholera. The Task Force will intensify its efforts to assist and prosecute the most guilty domestic and international actors and agencies designated to administer aid programs to prevent fraud. Sharing and using information and insights from past efforts. For more information on the response to the epidemic, please visit https://www.justice.gov/coronavirus.
Anyone with information about COVID-19 fraud allegations can contact the Department of Justice’s National Disaster Fraud Line at 866-720-5721 or NCF. gov / risk-fraud / ncdf-risk-complaint-form.
It is a normal charge that a defendant violates the criminal code and is not guilty. Each defendant is presumed innocent until proven guilty.
The case is being investigated by the Washington Bureau of Investigation. Assistance was provided to the U.S. Small Business Administration by the Office of the Inspector General. U.S. Attorney Leslie A. Gomez is in the U.S. District of Columbia’s Fraud Fraud Division, which is backed by paralegal specialist Marila Andrade.