Read from CBR:
The very first Red Ranger, Austin St. John, has been indicted on wire fraud charges by the U.S. Department of Justice.
the Department of Justice has named Jason Lawrence Geiger, aka Austin St. John, as well as 17 other individuals in the indictment. The individuals have been charged with conspiracy to commit wire fraud in the Eastern District of Texas as a result of an alleged scheme that saw existing and newly created businesses apply for the Small Business Administration's Paycheck Protection Program (PPP). The defendants are alleged to have misrepresented material information on these applications.
"According to the indictment, the defendants, led by Michael Hill and Andrew Moran, are alleged to have executed a scheme to defraud lenders and the Small Business Administration's (SBA's) Paycheck Protection Program (PPP)," the DOJ release reads. "Hill is alleged to have recruited co-conspirators to use an existing business or create a business to submit applications to obtain PPP funding. Once enlisted, Moran is alleged to have assisted his co-conspirators with the application paperwork, including fabricating supporting documentation and submitting the application through the online portals. On the applications, the defendants are alleged to have misrepresented material information such as the true nature of their business, the number of employees, and the amount of payroll.
The very first Red Ranger, Austin St. John, has been indicted on wire fraud charges by the U.S. Department of Justice.
the Department of Justice has named Jason Lawrence Geiger, aka Austin St. John, as well as 17 other individuals in the indictment. The individuals have been charged with conspiracy to commit wire fraud in the Eastern District of Texas as a result of an alleged scheme that saw existing and newly created businesses apply for the Small Business Administration's Paycheck Protection Program (PPP). The defendants are alleged to have misrepresented material information on these applications.
"According to the indictment, the defendants, led by Michael Hill and Andrew Moran, are alleged to have executed a scheme to defraud lenders and the Small Business Administration's (SBA's) Paycheck Protection Program (PPP)," the DOJ release reads. "Hill is alleged to have recruited co-conspirators to use an existing business or create a business to submit applications to obtain PPP funding. Once enlisted, Moran is alleged to have assisted his co-conspirators with the application paperwork, including fabricating supporting documentation and submitting the application through the online portals. On the applications, the defendants are alleged to have misrepresented material information such as the true nature of their business, the number of employees, and the amount of payroll.
