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Coronavirus Aid, Relief, and Economic Security Act

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Boston Food Truck Owner Charged With Stealing $1.5M In COVID Funds: Feds Boston Food Truck Owner Charged With Stealing $1.5M In COVID Funds: Feds
Boston Food Truck Owner Charged With Stealing $1.5M In COVID Funds: Feds A 55-year-old Boston food truck owner faces up to 20 years in prison after he has was charged him with lying to get $1.5 million in COVID-19 relief funds, the Department of Justice announced Wednesday, July 20. Loc Vo, who owns Smart Gourmet, is accused of fraudulently filing loan applications from April 2020 until July 2021 for programs under the Coronavirus Aid, Relief and Economic Security Act, the U.S. Attorney in Boston said. The programs were to help businesses stay afloat during the uncertainty of the COVID pandemic.  But federal authorities said Vo used the money to invest…

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by Josh Lanier
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COVID-19: Massachusetts Man Admits To Fraud, Identity Theft Charges Related To Pandemic COVID-19: Massachusetts Man Admits To Fraud, Identity Theft Charges Related To Pandemic
Covid-19: Massachusetts Man Admits To Fraud, Identity Theft Charges Related To Pandemic A Massachusetts man admitted to trying to profit from the COVID-19 pandemic by applying for phony business loans and then spending the money on personal expenses. Richard Oworae, age 59, of Worcester, pleaded guilty this week to fraudulently applying for business loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to the tune of nearly $200,000. Specifically, Oworae pleaded guilty to three counts of wire fraud and one count of aggravated identify theft. Acting US Attorney Nathaniel Mendell said that between July 2020 and August 2020, Oworae schemed to defraud the Sm…

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by Zak Failla