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COVID-19: Businessman Admits Stealing $3.2M For Personal Use, Including Buying Nantucket Home COVID-19: Businessman Admits Stealing $3.2M For Personal Use, Including Buying Nantucket Home
Covid-19: Businessman Admits Stealing $3.2M For Personal Use, Including Buying Nantucket Home A man who owns a theme park and restaurant in New York has admitted to stealing over $3 million through federal COVID-19 aid with some of those funds used to buy a home on Nantucket. Long Island resident Donald Finley, age 61, of Roslyn, the owner of Jekyll & Hyde Restaurant in Manhattan and the Bayville Adventure Park in Nassau County, pleaded guilty to disaster relief fraud and wire fraud on Thursday, May 25. As stated in court filings by the US Attorney for the Eastern District of New York Breon Peace: Between March 2020 and March 2021, amid the COVID pandemic, Finley fra…

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by Joe Lombardi
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COVID-19: CT Couple Pays $169K To Resolve Claims Of Relief Loan Fraud COVID-19: CT Couple Pays $169K To Resolve Claims Of Relief Loan Fraud
Covid-19: CT Couple Pays $169K To Resolve Claims Of Relief Loan Fraud A Connecticut couple paid nearly $170,000 to resolve allegations that they allegedly spent thousands in small business loans under the Coronavirus Aid, Relief and Economic Security (CARES) Act, federal officials announced. New Haven County residents Janine and Gerard Carbonaro, of Oxford, agreed to pay 169,563.60 as part of an agreement for fraudulently misspending $109,000 in small business loans during the pandemic to purchase new property in Florida. US Attorney Leonard Boyle said that on April 7, 2020, Gerard Carbonaro applied for an Economic Injury Disaster Loan and Grant/Advance on be…

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by Zak Failla
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COVID-19: Woman From Region Admits To Fraud Related To Pandemic COVID-19: Woman From Region Admits To Fraud Related To Pandemic
Covid-19: Woman From Region Admits To Fraud Related To Pandemic A Western Massachusetts woman admitted to a $1.2 million unemployment fraud scheme that she ran during the COVID-19 pandemic to illegally obtain unemployment benefits. Audri Ford-Victory, age 61, of Springfield, pleaded guilty in US District Court to one count of wire fraud in connection to her involvement in a scheme with a co-conspirator to profit from the pandemic. Prosecutors said that Ford-Victory and her co-conspirator submitted more than 100 fraudulent Pandemic Unemployment Assistance (PUA) claims resulting in more than $1.2 million in payments. Approximately half of the PUA claims…

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by Zak Failla
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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