N.J. U.S. Attorney: Bank Manager Admits Coordinating Multistate COVID-19 Relief Program Fraud Scheme; New York Man Admits Laundering Proceeds
May 31, 2024
May 31, 2024
CAMDEN, New Jersey, May 31 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release on May 30, 2024:
A former branch manager of a national financial institution today admitted using his position to organize a conspiracy to help individuals obtain at least 38 fraudulent Paycheck Protection Program (PPP) loans totaling approximately $5 million, U.S. Attorney Philip R. Sellinger announced today. U.S. Attorney Sellinger also announced that a Ne . . .
A former branch manager of a national financial institution today admitted using his position to organize a conspiracy to help individuals obtain at least 38 fraudulent Paycheck Protection Program (PPP) loans totaling approximately $5 million, U.S. Attorney Philip R. Sellinger announced today. U.S. Attorney Sellinger also announced that a Ne . . .