Acting U.S. Attorney Michelle M. Baeppler announced that John George Medas, 69, of North Royalton, Ohio, was sentenced today by U.S. District Judge Sara
Acting U.S. Attorney Bridget M. Brennan announced that a federal grand jury returned a four-count indictment charging Robert Bearden, of Chesterland, Ohio, with three counts of wire fraud and one count of theft of government funds.
According to the indictment, in July of 2020, the Defendant allegedly devised a scheme to fraudulently obtain Economic Injury Disaster Loans (EIDL) guaranteed by the U.S. Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, including approximately $60,000 in loans identified in the indictment.
The indictment states that the Defendant allegedly carried out the scheme in a number of ways including, submitting EIDL applications through the SBA s online application portal that contained false information about existing and non-existing businesses; submitting fraudulent EIDL applications in the name of third parties in return for a kickback of a portion of the funds received and by using the personal identi
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