Santa Clarita man pleads responsible to scam in $655,000 COVID-19 financial assistance plan

LOS ANGELES — A Santa Clarita guy pleaded accountable Tuesday to a federal scam charge for getting $655,000 in Paycheck Safety plan financial loans by posting phony taxation files and employee information.

Raymond Magana, 39, pleaded guilty, via Zoom, to just one count of fraud relating to significant catastrophe or emergency benefits, based on the U.S. lawyer’s workplace.

U.S. District Judge Stanley Blumenfeld Jr. arranged a May 11 sentencing hearing in l . a . national court.

Magana accepted to utilizing fraudulence to acquire $655,000 in PPP debts.

Last period, co-defendant Steven R. Goldstein, 36, of Northridge, pleaded responsible on same cost. Blumenfeld scheduled a March 30 sentencing hearing for Goldstein.

Prosecutors say the defendants applied for significantly more than five individual PPP loans totaling more than $2.5 million from numerous banking institutions.

The PPP financing program was launched at the start of the COVID-19 pandemic and was made to allow company owners to help keep employees on the payroll.

Relevant Posts

Obtain the most recent news provided each day!


Former Rams exercise squad RB Otis Anderson Jr. shot and murdered

Los Angeles region Sheriff’s Department shuns COVID-19 examination supplier over China links

Sentencing arranged for group associate just who shot two Whittier officials, killing one, after destroying another guy

Jacqueline Avant, partner of Rock & Roll Hall of Famer, killed in Beverly mountains room intrusion

Lancaster lady found guilty in 1997 slaying of date

Lancaster dad charged with eliminating their 4 young children, mother-in-law

William S. Hart college section examining punches thrown that ended Valencia and Saugus males basketball online game

Angels GM Perry Minasian believes the guy put effect with 4 pitchers signed before lockout

Panorama town man accused of tasing officer at Capitol riot wants confession tossed

Lady walks onto LAX tarmac, attempts to lessen airplanes from departing after missing her boarding

Town Development Provider

Join the talk

We receive you to definitely use our commenting platform to engage in insightful talks about problems within society. Although we do not pre-screen comments, we reserve best constantly to remove any facts or materials which are illegal, harmful, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or else objectionable to united states, and also to divulge any suggestions required to fulfill the laws, regulation, or government consult. We may once and for all stop any consumer whom abuses these conditions.

I have had such an incredible experiences using the services of folks at Shamrock. With another kid on route, the stress got to see our personal house. Shamrock forced me to feel like it actually was the maximum amount of of a top priority in their eyes because it were to myself. They stored me personally up-to-date making sure that I experienced a beneficial understanding of every step associated with the processes. I am very excited receive our selves and all of our young girls into their residence! Thank-you a whole lot in making these a challenging process a fantastic experience!

Aubrey from Cranston, RI

Shamrock mortgages comes with the finest, the majority of receptive staff I have ever dealt with. Everyone just who attained off to me got exact about what they needed and had everything filed early, clearing me two weeks in advance. That they had my right back every step in the way and always replied questions I experienced. If you should be a first time room purchaser or need to become approved for the next residence, this is the put you intend to utilize since they can make what you need take place!

Employing Shamrock Home Loans has-been an incredible experiences for us. Right from the start of our home buying process into the end was these very simple Everyone is knowledgeable, polite, as well as their responses time and energy to questions I asked is amazing. We suggest these to everyone! I additionally operate in the insurance industry and each consumer of mine containing put Shamrock’s services have had a great enjoy!

Whenever anybody talked in my experience, they addressed me personally very nearly as a pal. We thought extremely comfy inquiring any question I had. I became anxious the 1st time since I have had dismal credit, nevertheless they inspected around on myself each step on the method. They actually recalled many of the circumstances going on in my private existence. Really, I can’t state enough how happy Im. Thank you so much!

AMAZING company! I have used Shamrock for both a property completion and a refinance, and both times I thought the dreadful weight of a house finishing totally raised down my personal shoulders. The employees is amazingly efficient, knowledgeable and satisfying to utilize. The group will make the whole processes from begin to conclude very sleek, and can’t hold off to partner with them once again. Strongly recommend, 5+ performers!

Categories : instant online payday loans

Leave a Reply

Your email address will not be published.

18 − 16 =