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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…
Nypd Officer From Area Charged With Conspiring To Commit Bank, Loan Fraud
An NYPD police officer from the Hudson Valley is facing charges for allegedly participating in a $1.5 million auto loan scam that targeted people attempting to boost their credit scores.
Eduardo Rodriguez, 41, of Goshen in Orange County, has been charged with conspiring to commit bank and loan fraud, as well as making false statements to federal law enforcement officers. He was arrested on Tuesday, July 2, and arraigned in Manhattan Federal Court.
It is alleged that in June 2017, Rodriguez agreed with two other men, Ricardo Taboada, and Daniel Duran, to submit an application to a lender for…
