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PPP loan fraud schemes ran wild as government doled out billions; at least 120 charged

Fox News Flash top headlines are here. Check out what s clicking on Foxnews.com. This week marks one year since David Adler Staveley faked his suicide before going on the run from the law for almost two months after he and a co-conspirator were the first in the nation to be charged with fraud in the Paycheck Protection Program in May 2020. Last week, Staveley pleaded guilty in a federal court in Rhode Island to conspiracy to commit bank fraud and failure to appear in court. Also last week, federal prosecutors in California and Texas secured convictions in PPP fraud cases where defendants tried to bilk taxpayers out of millions in forgivable loans meant to save jobs and keep businesses afloat during the COVID-19 pandemic. The major convictions within a span of two days underscore how the Justice Department is cracking down on fraud cases from COVID-19 relief.

Two North Bay brothers plead guilty to separate but similar pandemic relief fraud schemes

Caesar Oskan, also known as Sezer Ozkan, and his brother Ester Ozkar, also known as Eser Ozkay, pleaded guilty today in federal court to making false statements to a financial institution in separate schemes to defraud the federal government of pandemic relief funds, announced Acting United States Attorney Stephanie M. Hinds; Internal Revenue Service Criminal Investigation Acting Special Agent in Charge Michael Daniels; United States Secret Service Special Agent in Charge of San Francisco Field Office James Anderson; Federal Bureau of Investigation Special Agent in Charge Craig D. Fair; Treasury Inspector General for Tax Administration J. Russell George; Small Business Administration Office of Inspector General, Western Region Special Agent in Charge Weston King; and Office of Inspector General for the Board of Governors of the Federal Reserve System and Bureau of Consumer Financial Protection, Western Region Special Agent in Charge Scott Redington.

California Brothers Plead Guilty To Separate But Similar Pandemic Relief Fraud Schemes

California Brothers Plead Guilty To Separate But Similar Pandemic Relief Fraud Schemes
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Brothers Plead Guilty To Separate Schemes To Defraud Government Of $2M In Covid-19 Relief Funds

Brothers Plead Guilty To Separate Schemes To Defraud Government Of $2M In Covid-19 Relief Funds Bay City News Service FacebookTwitterEmail SAN FRANCISCO (BCN) Two 66-year-old brothers pleaded guilty in federal court Wednesday to making false statements to a financial institution in separate schemes to defraud the federal government of more than $2 million in pandemic relief funds. Caesar Oskan, of San Rafael, and Ester Ozkar (also known as Eser Ozkay), of Novato, admitted as part of their guilty pleas that between March 2020 and June 2020 they each submitted multiple separate fraudulent applications for Economic Injury Disaster Loans and Paycheck Protection Program loans, in a scheme to defraud the Small Business Administration and the banks handling the paycheck loans. Both loan programs are designed to help businesses survive during the Covid-19 pandemic.

Two North Bay brothers plead guilty to separate but similar pandemic relief fraud schemes netting over $2 million

SAN FRANCISCO Caesar Oskan, also known as Sezer Ozkan, and his brother Ester Ozkar, also known as Eser Ozkay, pleaded guilty today in federal court to making false statements to a financial institution in separate schemes to defraud the federal government of pandemic relief funds, announced Acting United States Attorney Stephanie M. Hinds; Internal Revenue Service Criminal Investigation Acting Special Agent in Charge Michael Daniels; United States Secret Service Special Agent in Charge of San Francisco Field Office James Anderson; Federal Bureau of Investigation Special Agent in Charge Craig D. Fair; Treasury Inspector General for Tax Administration J. Russell George; Small Business Administration Office of Inspector General, Western Region Special Agent in Charge Weston King; and Office of Inspector General for the Board of Governors of the Federal Reserve System and Bureau of Consumer Financial Protection, Western Region Special Agent in Charge Scott Redington.

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