A previously convicted felon pleaded guilty to wire fraud and theft of government property at Newport News, VA, federal court to engaging in a COVID-19 related loan fraud scheme. He submitted multiple applications for PPP and Economic Injury Disaster Loan (EIDL) loans with bogus business names, income, employment information and criminal history. He was actually on federal supervised release from a prior IS conviction for identity theft and money laundering, and couldn’t obtain loans or open accounts without permission. After depositing $196,900 in loans into a credit union, he made cash withdrawals of over $100,000 in a brief period of time. He’ll be sentenced in March.
Have you received unsolicited mobile text messages indicating that a USPS delivery is awaiting your action, with an unrecognized web link to click in the body of the message? Don’t click the link! This type of campaign is a scam called smishing.Read Scam Article
Unsolicited merchandise that shows up in your mail can be a scam. Learn about brushing scams and what you can do if you receive something you didn’t order or pay for.Read Scam Article