This Oklahoma Woman Plead Guilty to a 43.8 Million Dollar COVID-19 Relief Fraud
An Oklahoma woman has pleaded guilty to fraud in the amount of 43.8 million dollars! She scammed the Federal government out of millions with fraudulent claims and loan applications for COVID-19 relief funds.
The PPP (Paycheck Protection Program) was a part of the government's COVID-19 relief efforts contained within the CARES Act. These programs were meant to assist businesses and companies, help keep the economy going and people employed throughout the pandemic and the post-pandemic recovery.
The Justice Department released a statement that detailed the crimes and announced that Amanda J. Gloria (45) of Altus, OK. had pleaded guilty to conspiracy to commit bank fraud and money laundering.
She used falsified records and other fake documents to submit for the PPP funds and loans. From fake employee and payroll records to using old documents of businesses that are no longer in operation.
She also assisted others in getting PPP loans for companies that were no longer in business or had no employees at all. We're talking millions and millions of dollars here in what should have been COVID-19 relief funds for struggling businesses. Click here to read the official statement from the Justice Department.
Luckily she was caught and there's no telling what kind of prison sentence she'll get, I bet it's going to be a very, very long one. I'm sure the Federal government doesn't take too kindly to this sort of thing.
These programs were set up to help businesses and employees during and even directly after the COVID-19 pandemic. Makes you wonder if any legitimate companies who needed the help couldn't get it because of this woman's actions. Either way, this is one of those cases that you want them to throw the book!