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$44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever $44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever
$44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever Seven New Yorkers have been charged in a sweeping tax fraud scheme, accused of exploiting pandemic relief programs to steal over $44 million, federal prosecutors announced. The indictment by the US Attorney's Office for the Eastern District of New York, unsealed Wednesday, Jan. 22, alleges that the defendants filed over 8,000 fraudulent tax returns, seeking more than $600 million in COVID-19 relief funds through the Employee Retention Credit (ERC) and related programs. Investigators determined the group successfully secured $44 million from the federal government. Defendants Long Island …

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by Joe Lombardi
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COVID-19: NY Doctor Admits To Using $3M In Fraudulently Obtained Loans To Purchase Luxury Items COVID-19: NY Doctor Admits To Using $3M In Fraudulently Obtained Loans To Purchase Luxury Items
Covid-19: NY Doctor Admits To Using $3M In Fraudulently Obtained Loans To Purchase Luxury Items A New York doctor has admitted to using more than $3 million in fraudulently obtained small business loans to purchase a yacht and other luxury items, federal authorities announced. Long Island resident Konstantino Zarkadas, a Nassau County-based medical doctor in Glen Cove, pleaded guilty to disaster relief fraud and wire fraud in connection with his receipt of millions of dollars in small business loans under the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDLP) on Friday, Nov. 12 in Central Islip. When sentenced, Zarkadas faces up to 30 years in pri…

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by Joe Lombardi
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COVID-19: Area Doctor Accused Of Illegally Receiving Government Loans COVID-19: Area Doctor Accused Of Illegally Receiving Government Loans
Covid-19: Area Doctor Accused Of Illegally Receiving Government Loans An eye doctor from Westchester who had practices throughout the Hudson Valley and Fairfield County who was previously charged with healthcare fraud is facing new charges for allegedly attempting to exploit the novel coronavirus (COVID-19) crisis. Ameet Goyal, 57, of Rye, who operates The Eye Associates Group, with practices in Rye, Mount Kisco, Wappingers Falls, and Greenwich, was arrested and charged by federal officials for allegedly fraudulently billing patients last year. Earlier story - Area Doctor Billed Patients $8M For Surgeries He Didn't Do, Feds Say According to U.S. Attorne…

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by Zak Failla