A federal grand jury in Los Angeles returned a superseding indictment, unsealed Thursday, charging four additional individuals for their alleged participation in a scheme to submit over 150 fraudulent loan applications seeking over $21.9 million in COVID-19 relief funds guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Manuk Grigoryan, of Sun Valley, California; Arman Hayrapetyan, of Glendale, California; Edvard Paronyan, of Granada Hills, California; and Vahe Dadyan, of Glendale, were each charged in a superseding indictment filed in the Central District of California with one count of conspiracy to commit wire fraud and bank fraud and one count of conspiracy to commit money laundering.
Couple s $1.1M Farming PPP Scheme Foiled
A Florida couple claimed to generate $1.2 million in combined income and employ 15 individuals on their yard-based farms none of which existed.
Mar 9th, 2021
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A Florida couple pleaded guilty for their participation in a scheme to file four fraudulent loan applications seeking more than $1.1 million in forgivable Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
On Aug. 26, 2020, Latoya Stanley, 38, and Johnny Philus, 33, both of Miami, were originally charged via a complaint filed in the Southern District of Florida.
March 4, 2021 A citizen of Sweden pleaded guilty to securities fraud, wire fraud, and money laundering charges that defrauded more than 3,500 victims of more than $16 million.
West Bloomfield native sentenced to 15 years for administering 6.6 million doses of opioids
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and last updated 2021-03-03 15:23:46-05
WASHINGTON â Mashiyat Rashid, 40, of West Bloomfield, Michigan, the fromer CEO of the Tri-County Wellness Group of medical providers in Michigan and Ohio was sentenced to 15 years in prison.
Accompanying the prison sentence is an order to pay over $51 million in restitution to Medicare in addition to forfeiting traceable proceeds of the health care fraud scheme to the United States (over $11.5 million, commercial real estate, residential real estate, and a Detroit Pistons season ticket membership.
Rashid pleaded guilty in 2018 to one count of conspiracy to commit health care fraud and wire fraud, and one count of money laundering. Twenty-one other defendants, including 12 physicians, have also been, including four physicians who were convicted after a one-month trial in 2020.
The chief executive officer of a Michigan and Ohio-based group of pain clinics and other medical providers was sentenced today to 15 years in prison for developing and approving a corporate policy to administer unnecessary back injections to patients in exchange for prescriptions of over 6.6 million doses of medically unnecessary opioids.
Mashiyat Rashid of West Bloomfield, Michigan, was the CEO of the Tri-County Wellness Group of medical providers in Michigan and Ohio. In addition to the prison sentence, Rashid was also ordered to pay over $51 million in restitution to Medicare, as well as forfeiture to the United States of property traceable to proceeds of the health care fraud scheme, including over $11.5 million, commercial real estate, residential real estate, and a Detroit Pistons season ticket membership.