In the South Texas District of Texas, two individuals have pleaded guilty to fraud and embezzlement of money from the Corporate Virus Aid, Relief, and Small Business Administration (SBA) Pardon Check Check Program (PPP). And economic security law.
According to court documents, Siddhart Azzuddin, 42, Naperville, Illinois and Rachel Malik, 41, Sugar Land, Texas, SPP and SBA licensed PPP. Lenders have been involved in fraudulent PPP loan applications. . Azmuddin and Malik conspired and secured more than $ 3 million in PPP loan from Azemoudi Business Faskare International Inc.ba Almeda Discount Store. As part of the project, Azemuddin Malik ordered PPPP loans from companies that received fake loans to fill out blank checks. Under Azmuddin’s instructions, Malik sold the checks to a financial institution and transferred the money to other conspirators. To smuggle the money, Azemudine received 1% to 2% of each check.
Azemoudi pleaded guilty. A.D. He is scheduled to be sentenced on March 7, 2022, and will face a maximum of 40 years in prison. Malik pleaded guilty to one count of wire fraud and money laundering. A.D. He is scheduled to be sentenced on March 7, 2022, and faces a maximum of five years in prison. The federal district court judge will decide any penalty after considering the US Penal Code and other legal circumstances.
Assistant General Kenneth A. of the Criminal Division of the Department of Justice. Politi Jr.; Jennifer Lori, U.S. Attorney for Texas Southern District; Inspector General Hannibal “Mike” Ware SBA – Inspector General (SBA-OIG) Head of the Federal Housing Finance Agency Catherine Huber – Chief Inspector (FHFA-OIG); Special Representative Mark B. Dawson Homeland Security Inspections (HSI) Houston; Federal Deposit Insurance Corporation Inspector General Jay N. Lnerner-Inspector General (FDIC-OIG); And the Chief Inspector General of the Treasury, General J. George George.
SBA-OIG, FHFA-OIG, HSI, FDIC-OIG and TIGTA are investigating.
Prosecutors Luis Manzo and the Criminal Division Fraud Division Della Sciels and Assistant U.S. Attorney Rodolfo Ramirez and Texas Southern District Christine Rollinson are prosecuting.
On May 17, 2021, the Attorney General established a Covide-19 Fraud Task Force to increase the Department of Justice’s resources in collaboration with government agencies to increase efforts to combat and prevent pandemic-related fraud. The task force will intensify its efforts to investigate and prosecute the most responsible domestic and international criminals, assisting the agencies responsible for administering aid programs by adding and including coordination mechanisms to prevent fraud, identifying resources and techniques to identify fraudulent actors. Sharing and sharing information and insights from their plans, and pre-implementation efforts. For more information about the department’s response to the epidemic, please visit https://www.justice.gov/coronavirus.
Anyone with information about the Covenant-19 fraud attempt should call the National Disaster Fraud Center (NCDF) at the Department of Justice at 866-720-5721 or on the NCDF web complaint form at https: // www. Justice.gov/disaster-fraud/ncdf-disaster-complaint-form.