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COVID-19: NY Woman Sentenced For $1.69M Relief Fraud COVID-19: NY Woman Sentenced For $1.69M Relief Fraud
Covid-19: NY Woman Sentenced For $1.69M Relief Fraud A New York woman will spend time in federal prison after admitting that she took advantage of loan programs meant to help businesses struggling due to the COVID-19 pandemic. Debra Hackstadt, age 68, of Albany, was sentenced to 16 months behind bars Tuesday, Nov. 8, in federal court in Albany after pleading guilty to wire fraud in May 2022. Earlier Report: COVID-19: Albany Woman Pleads Guilty To Pandemic Relief Fraud According to the US Attorney’s Office in the Northern District, Hackstadt admitted to fraudulently obtaining 32 government-backed loans worth more than $1.6 million betwee…

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by Michael Mashburn
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COVID-19: Capital District Woman Admits To Pandemic Relief Fraud COVID-19: Capital District Woman Admits To Pandemic Relief Fraud
Covid-19: Capital District Woman Admits To Pandemic Relief Fraud A woman from the Capital District is facing years in prison after admitting that she took advantage of loan programs meant to help businesses struggling due to the COVID-19 pandemic. Debra Hackstadt, age 67, of Albany, pleaded guilty Thursday, May 19, to fraudulently obtaining 32 government-backed loans, according to the US Attorney’s Office. The loans were issued to Hackstadt herself, various friends and relatives, and several companies that she controlled, prosecutors said. In all, investigators said she received more than $1.6 million between April 2020 and June 2021 through two separat…

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by Michael Mashburn