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Asjid Parvez

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$1M Scam: NY Man Sentenced For Stealing Federal Funds $1M Scam: NY Man Sentenced For Stealing Federal Funds
$1M Scam: NY Man Sentenced For Stealing Federal Funds A New York man who admitted to turning federal aid into a personal treasure chest of around $1 million has been sentenced. In previously pleading guilty, Asjid Parvez, age 38, of Albany, admitted that in May 2023, the United States Department of Agriculture’s Farm Service Agency (FSA) sent him a US Treasury check for $972,564.61.  In 2022, the Inflation Reduction Act authorized the FSA to financially assist certain distressed borrowers who had fallen behind on repaying their federally guaranteed farm loans.  The US Attorney's Office of the Northern District of…

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by Joe Lombardi
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Capital Region Farmer Admits Blowing $1M In Relief Funds On New House, Personal Expenses Capital Region Farmer Admits Blowing $1M In Relief Funds On New House, Personal Expenses
Capital Region Farmer Admits Blowing $1M In Relief Funds On New House, Personal Expenses The money was supposed to go toward paying off his farm loan, but prosecutors say a man from the region blew nearly $1 million on personal expenses instead. Asjid Parvez, age 37, of Albany, pleaded guilty to one count of theft of government property in Albany federal court on Friday, Jan. 5. According to prosecutors, Parvez admitted to receiving a check for over $972,000 from the Department of Agriculture’s Farm Service Agency (FSA) in May 2023. The funds were authorized under the Inflation Reduction Act of 2022 and are meant to assist borrowers who have fallen behind on their federally g…

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by Michael Mashburn