Santa Clarita man pleads bad to fraudulence in $655,000 COVID-19 financial assistance program
LOS ANGELES — A Santa Clarita people pleaded accountable Tuesday to a national fraud fee for obtaining $655,000 in Paycheck defense system financing by posting fake taxation paperwork and staff member ideas.
Raymond Magana, 39, pleaded bad, via Zoom, to just one matter of fraud relating to significant disaster or crisis positive, based on the U.S. Attorney’s workplace.
U.S. region Judge Stanley Blumenfeld Jr. put a May 11 sentencing hearing in l . a . national judge.
Magana admitted to utilizing scam to obtain $655,000 in PPP financing.
Final month, co-defendant Steven R. Goldstein, 36, of Northridge, pleaded accountable towards same charge. Blumenfeld planned a March 30 sentencing hearing for Goldstein.
Prosecutors say the defendants applied for above five different PPP business loans totaling significantly more than $2.5 million from numerous banking institutions.
The PPP loan plan premiered at the outset of the COVID-19 pandemic and was created permitting company owners maintain employees on their payroll.
Linked Articles
Have the newest reports delivered daily!
Hottest
Previous Rams application group RB Otis Anderson Jr. shot and murdered
LA state Sheriff’s Department shuns COVID-19 assessment provider over Asia connections
Sentencing arranged for gang user which shot two Whittier officials, destroying one, after killing another people
Jacqueline Avant, partner of stone & Roll Hall of Famer, killed in Beverly mountains room intrusion
Lancaster girl found guilty in 1997 slaying of sweetheart
Lancaster daddy faced with destroying his 4 little ones, mother-in-law
William S. Hart college area exploring blows thrown that ceased Valencia and Saugus guys baseball game
Angels GM Perry Minasian feels he added influence with 4 pitchers finalized before lockout
Panorama town people accused of tasing policeman at Capitol riot wants confession tossed
Woman walks onto LAX tarmac, tries to lessen planes from departing after missing this lady boarding
Area News Solution
Get in on the discussion
We ask you to definitely use our commenting platform to engage in informative conversations about issues within our area. Although we do not pre-screen comments, we reserve suitable always to eliminate any ideas or materials which can be unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, adult, profane, indecent or elsewhere objectionable to you, and divulge any facts essential to satisfy the rules, regulation, or authorities consult. We would permanently prevent any individual whom abuses these circumstances.
I have had this type of a fantastic skills using the services of folks at Shamrock. With another kids on route, the pressure is on to see our own residence. Shamrock made me feel like it actually was just as much of important for them because it were to me personally. They held me personally up-to-date and made certain I’d a knowledge of each step of procedure. I am therefore passionate to obtain ourselves and our girls into their home! Thanks a lot so much to make this type of a challenging techniques a phenomenal feel!
Aubrey from Cranston, RI
Shamrock Home Loans contains the most useful, many receptive staff members We have ever handled. Every person just who achieved off to me personally had been accurate about what they required along with every thing registered very early, clearing me personally two weeks early. That they had my personal back every step of method and constantly answered any questions I got. In case you are a first and initial time house consumer or are looking to get approved for the next household, this is the room you should work with simply because they is likely to make what you want occur!
Employing Shamrock mortgage loans was a great enjoy for us. Right from the start of our own real estate processes to the end was this type of a breeze. Many people are knowledgeable, polite, as well as their feedback for you personally to questions I asked is amazing. We highly recommend them to every person! I also work with the insurance coverage business and each and every customer of my own that contains put Shamrock’s solutions have got an excellent enjoy!
Whenever any person spoke to me, they addressed myself virtually as a buddy. We noticed excessively comfortable asking any concern I had. I happened to be stressed initially since I have have poor credit, nonetheless they inspected around on me each step for the method. They actually recalled a number of the issues happening within my personal existence. Actually, i cannot state sufficient exactly how pleased I am. Thank you!
STUNNING team! I’ve utilized Shamrock both for a home finishing and a refinance, and both instances We thought the dreaded fat of http://www.yourloansllc.com/payday-loans-tn a property finishing entirely raised down my personal shoulders. The staff is incredibly effective, well-informed and pleasurable to do business with. The group is likely to make the whole processes from start to conclude thus easy, and cannot wait to do business with all of them once more. Highly recommend, 5+ stars!