Santa Clarita people pleads responsible to scam in $655,000 COVID-19 financial help design
LOS ANGELES — A Santa Clarita guy pleaded bad Tuesday to a national scam cost for obtaining $655,000 in salary cover system debts by publishing fake tax documents and staff ideas.
Raymond Magana, 39, pleaded bad, via Zoom, to an individual amount of fraud regarding the big problem or disaster positive, according to research by the U.S. attorneys’s workplace.
U.S. District Judge Stanley Blumenfeld Jr. set a May 11 sentencing hearing in L. A. national legal.
Magana acknowledge to using fraud to have $655,000 in PPP debts.
Finally period, co-defendant Steven R. Goldstein, 36, of Northridge, pleaded accountable towards exact same charge. Blumenfeld booked a March 30 sentencing hearing for Goldstein.
Prosecutors say the defendants sent applications for over five split PPP business loans totaling significantly more than $2.5 million from numerous finance companies.
The PPP loan program was released at the beginning of the COVID-19 pandemic and was created to permit business people maintain staff to their payroll.
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