By Hank McCoy
A Coral Springs resident has been charged with being part of a criminal conspiracy for defrauding the federal government of more than $ 24 million in Small Business Administration PPP loans through the CARES Act.
Philippines J. Augustin, 51, of Ohio, was charged with wire transfer fraud, bank fraud, conspiracy to commit bank and transfer fraud, and obstruct justice for using an agency. its talent to submit at least 90 fraud claims for PPP loans through the CARES Act.
Augustin allegedly took a fraudulent PPP loan to his Clear Vision Music Group LLC company, using fake documents.
According to the US Department of Justice, Augustin and one of his accomplices, Wyleia Williams, 44, of Fort Lauderdale, began working with other accomplices to file multiple fraudulent PPP loan applications for those Please borrow “alliance”.
Williams was brought in to facilitate the plan, and Augustin focused on recruiting borrowers as well as other accomplices to recruit more applicants.
Augustin, Williams, and seven other accomplices named by DOJ received the kickback from forgivable loans that applicants received. Out of $ 24 million in applications filed, an estimated $ 17.4 million was approved and funded by financial institutions.
The scheme is said to be a nationwide effort to use the business relationships Augustin has made through managing his professional football players to recruit loan applicants.
DOJ documents allege that Damian McKenzie, 38, of Miami Gardens, Andre Clark, 46, in Miramar, and Keyaira Bostic, 31, of Pembroke Pines, have applied for PPP loans to their own companies. they adopted Augustin.
They recruited people to apply for a PPP loan for Augustin and as a result received a portion of the loan.
Other accomplices named in the indictment are James Stote, 54, from Hollywood, Ross Charno, 46, in Fort Lauderdale, Deon Levy, 50, in Bedford, Ohio and Abdul-Azeem Levy, 22 years old. , in Cleveland, Ohio.
US attorney Ariana Fajardo Orshan for Florida’s Southern County explains, “People cheat on the program without regard to the consequences their greedy actions will have on small business owners and employees. needing money legally will be strongly prosecuted by my office. ”
The incident was investigated by the IRS Criminal Investigation Office and the Miami Field Office, the FBI and Cleveland Field Offices, and the Small Business Administration’s Office of Inspector General.
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