BOSTON – A Hull person was sentenced nowadays in federal court in Boston in connection with publishing fraudulent documentation in buy to obtain CARES Act little company financial loans.
Shane Spierdowis, 31, was sentenced by U.S. District Court docket Decide Richard G. Stearns to two yrs in jail and two a long time of supervised release. On Oct. 21, 2021, Spierdowis pleaded responsible to one depend of wire fraud.
Spierdowis applied multiple shell companies and solid financial institution information to fraudulently implement for and obtain a federally funded Compact Enterprise Administration (SBA) Paycheck Safety Plan (PPP) financial loan and an SBA Financial Damage Disaster Mortgage (EIDL). Spierdowis used Social Stability quantities distinctive from his personal and fraudulent documentation to open lender accounts for his shell companies. He also supplied a fraudulent corporate financial institution assertion reflecting a stability exceeding $220,000 but dated before the pertinent lender account was at any time opened.
As a consequence, Spierdowis received an SBA Paycheck Defense Method financial loan of $101,517 for 1 of his shell firms, the funds for which have been wired to a bank in Massachusetts. Spierdowis also attained an SBA EIDL in the total of $89,900 making use of a different shell firm.
Additionally, with regard to equally financial loans, Spierdowis submitted fraudulent federal tax types for both equally shell organizations that included his signature, as the purported president of just about every corporation, and the purported payment of hundreds of hundreds of bucks in wages to purported personnel all through each quarter in 2019. In truth, nonetheless, for aspect of Q1 2019 and all of Q2 – Q4 2019, Spierdowis was in federal custody following violating his probation arising from a federal conviction for conspiracy to dedicate securities fraud.
United States Lawyer Rachael S. Rollins and Frederick J. Regan, Unique Agent in Cost of the U.S. Solution Support, Boston Discipline Workplace made the announcement. The Hull Police Section offered beneficial assistance with the investigation. Assistant U.S. Lawyer William Abely, Chief of Rollins’ Legal Division, prosecuted the case.
On May well 17, 2021, the Legal professional Common set up the COVID-19 Fraud Enforcement Job Force to marshal the sources of the Office of Justice in partnership with businesses across authorities to increase attempts to beat and protect against pandemic-similar fraud. The Activity Drive bolsters initiatives to look into and prosecute the most culpable domestic and intercontinental felony actors and assists agencies tasked with administering reduction systems to prevent fraud by, amid other methods, augmenting and incorporating present coordination mechanisms, pinpointing methods and methods to uncover fraudulent actors and their schemes, and sharing and harnessing details and insights received from prior enforcement initiatives. For extra information and facts on the Department’s reaction to the pandemic, make sure you visit https://www.justice.gov/coronavirus.
Any individual with details about allegations of tried fraud involving COVID-19 can report it by calling the Section of Justice’s Countrywide Center for Catastrophe Fraud (NCDF) Hotline at 866-720-5721 or by means of the NCDF Web Criticism Variety at: https://www.justice.gov/disaster-fraud/ncdf-catastrophe-criticism-form.
