Birmingham IT company ex-CEO indicted for allegedly defrauding customers, COVID loan program

The former CEO of a Birmingham IT company was indicted in federal court on wire fraud, money laundering and bankruptcy fraud for allegedly defrauding customers and a COVID-19 loan program, prosecutors announced Friday.

Between at least July 2017 and December 2021, Kane used his customer’s credit cards -- which were placed on file to pay a monthly service fee and authorized expenses --to make unauthorized charges, according to then indictments. Kane also allegedly engaged in a scheme to receive unauthorized funds from the COVID-19-era PPP from the U.S. Small Business Administration, according to Prim Escalona, U.S. attorney for the Northern District of Alabama and U.S. Special Agent in Charge Patrick Davis, who announced the indictments Friday.

He tried to receive two more PPP loans in the name of his second business, Keepitsimple.us., totaling more than $450,000, according to the indictments. Kane allegedly made false representations in support of those two applications and submitted false tax documents to try and get the applications approved.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Peak Design CEO denies rumors backpack company helped ID suspect in UnitedHealthcare CEO shootingThe CEO of a company that makes high-end backpacks said he and his employees have received threats after reports he contacted a police tip line when he spotted one of the company's bags in the surveillance video of the shooting of UnitedHealthcare CEO Brian Thompson.
출처: ABC7Chicago - 🏆 284. / 63 더 많은 것을 읽으십시오 »