U.S. District Judge Lewis Liman of the Southern District of New York. Photo by Diego M. Radzinschi/ALM NJ Man Sentenced to More Than 4 Years in Prison for PPP Loan Fraud Scheme
U.S. District Judge Lewis Liman of the Southern District of New York imposed the sentence, which also included $44 million in forfeiture and $71 million in restitution.
July 28, 2023 at 01:56 PM
3 minute read
White Collar Crime
A New Jersey man accused of earning $71 million in fees in a Paycheck Protection Program fraud scheme was sentenced to four and a half years in prison Thursday, four months after pleading guilty to conspiracy to commit wire fraud in Manhattan federal court.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Manhattan Prosecutors Say They Will Oppose Efforts by Trump Legal Team to Dismiss Case
Jury That Convicted Ex-Sen. Robert Menendez Accidentally Saw Improper Evidence, Prosecutors Say
New York Judge Delays Decision on Whether to Set Aside Trump Criminal Case
Donald Trump's Headed Back to the White House. But First, a Sentencing?
Law Firms Mentioned
Trending Stories
- 1Critical Mass With Law.com’s Amanda Bronstad: Schools Score Again in Suits Against Social Media, Johnson & Johnson Subsidiary Seeks Sanctions Over Andy Birchfield’s Deposition
- 2Southern District Refuses to Grant Summary Judgment Due to Lack of Documentary Evidence Demonstrating that Insured's Misrepresentations Were Material
- 3People in the News—Nov. 20, 2024—Rawle & Henderson, Panitch Schwarze
- 4How I Made Partner: 'Develop a Practice Area You Really Care About ,' Says Jennifer Gniady of Stradley Ronon
- 5Judge Approves $1.15M Settlement, Reduces Attorney Award in COVID-19 Tuition Reimbursement Suit
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
