Posted inCrime

Ex-Banker Sentenced to Prison in LA for $2.7M COVID-19 Benefits Fraud Scheme

A former Wells Fargo banker was sentenced Monday in downtown Los Angeles to five years in federal prison and his brother to two years for their roles in a scheme that fraudulently obtained nearly $2.7 million in COVID-19 relief funds and small-business loans partly using stolen identities, including those of developmentally disabled people. Norayr Madadi, […]

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