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COVID-19 Relief Loans

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$3.2 Million COVID-19 Loan Scheme: Long Island Woman Indicted On Fraud Charges $3.2 Million COVID-19 Loan Scheme: Long Island Woman Indicted On Fraud Charges
Freeport Woman Runs $3.2M COVID Relief Loan Scheme A Long Island woman faces up to 20 years behind bars after she was charged with multiple counts of fraud for submitting fake COVID relief loan applications. Donna Ingram, age 50, faced her indictment on Thursday, May 23, the United States Attorney’s Office (USAO) Eastern District of New York announced. The Freeport woman is alleged to have submitted dozens of fake applications for COVID-19 relief loans between May 2020 and May 2021.  Ingram submitted at least 27 Paycheck Protection Program, or PPP, loans for her own companies and at least 22 other businesses, the USAO claimed. …

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by Sophie Grieser
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$9.5 Million Fraud: Long Island Man Admits Using Fake Companies In Scheme $9.5 Million Fraud: Long Island Man Admits Using Fake Companies In Scheme
$9.5 Million Fraud: Long Island Man Admits Using Fake Companies In Scheme A Long Island man who is accused of using fake businesses to defraud over $9 million from federal disaster relief funds has pleaded guilty, authorities announced. On Friday, July 14, the Eastern District of New York (EDNY) of the US Attorney’s Office announced Rami Saab’s guilty plea to charges of conspiracy to commit wire fraud. Saab, a 44-year-old from Glen Cove, was accused of stealing $9.5 million from banks and the Small Business Association (SBA) over the course of one year by creating fake companies so that he could claim COVID-19 relief loans. According to the charges, between M…

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by Sophie Grieser