Audio By Carbonatix
A former Massachusetts resident was arrested at Miami International Airport for fraudulently filing Covid-relief loans.
According to the Department of Justice in Boston, 34-year-old Vinicius Santana of Boca Raton, Florida, was charged with wire fraud. He was arrested Monday at Miami International Airport.
Santana is the owner of Complete Home Care, LLC (CHC), a painting company in Massachusetts. It is alleged that he filed four fraudulent loan applications to obtain $2.5 million in Paycheck Protection Program (PPP) loan funds under the Coronavirus Aid, Relief and Economic Security (CARES) Act.
The charging documents indicate that the first three applications were denied. Santana allegedly listed five employees and an average monthly payroll of between $10,000 and $18,000. In the fourth application, Santana allegedly falsely claimed to have 154 employees and an average monthly payroll of $1 million. His company was issued $2,500,000 on May 11, 2020.
Santana used the money to buy cars and invest in cryptocurrency allegedly. The CARES Act provides emergency financial assistance to those suffering the economic effects caused by the coronavirus pandemic.
He faces up to 20 years in prison, three years of supervised release and a fine of $250,000, or twice the gross gain or loss from the scheme, whichever is greater, if found guilty.
Latest Stories
-
Anthony Joshua discharged from hospital after fatal road crash
2 hours -
Trump media firm to issue new cryptocurrency to shareholders
2 hours -
Ebo Noah arrested over failed Christmas apocalypse and public panic
3 hours -
‘Ghana’s democracy must never be sacrificed for short-term politics’ – Bawumia
4 hours -
Bawumia congratulates Mahama but warns he “cannot afford to fail Ghanaians”
4 hours -
CICM backs BoG’s microfinance sector reform programme; New Year Debt Recovery School comes off January-February 2026
4 hours -
GIPC Boss urges diaspora to invest remittances into productive ventures
4 hours -
Cedi ends 2025 as 4th best performing currency in Africa
4 hours -
Fifi Kwetey brands calls for Mahama third term as ‘sycophancy’
4 hours -
Bawumia calls for NPP unity ahead of 2028 elections
4 hours -
Police restore calm after swoop that resulted in one death at Aboso
4 hours -
Obaapa Fatimah Amoadu Foundation launches in Mankessim as 55 artisans graduate
5 hours -
Behold Thy Mother Foundation celebrates Christmas with aged mothers in Assin Manso
5 hours -
GHIMA reaffirms commitment to secured healthcare data
5 hours -
John Boadu pays courtesy call on former President Kufuor, seeks guidance on NPP revival
5 hours
