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Monday, apr 29
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45°
Monday, apr 29
Tag:
Small business loan fraud
News
Covid-
19: Man From Region Sentenced For $144K Pandemic Relief Fraud
A Capital District man who admitted to taking advantage of COVID-19 relief programs is heading to federal prison. Rensselaer County resident Hector Sanchez, age 30, of Rensselaer, was sentenced to 70 months - or just under six years - behind bars Monday, July 25, in federal court in Albany. It followed his prior guilty plea in March 2022 to charges of defrauding pandemic-related unemployment insurance and small business loan programs. Federal prosecutors said Sanchez raked in more than $131,000 by submitting false unemployment insurance claims to the New York State Department of Labor usin…