Paycheck Protection Program Archives

Baltimore County man, woman plead guilty to fraudulently obtaining over $300,000 in COVID-19 CARES Act loans

Posted on January 14, 2024 by Chris Montcalmo

BALTIMORE, MD—A Baltimore County man and woman have pleaded guilty to fraudulently obtaining more than $300,000 in federal COVID-19 CARES Act loans. Theodore Mouzon, 42, of Pikesville, has pleaded guilty to conspiracy to commit wire fraud, relating to the submission of fraudulent CARES Act loan applications. Co-defendant Yannice Nunez, 34, of Baltimore County, pleaded guilty to the same charge on […]

Former Maryland social media influencer sentenced to 3 years in prison for scheming to obtain over $1.2 million in COVID-19 CARES Act loans

Posted on January 12, 2024 by Chris Montcalmo

GREENBELT, MD—A Maryland man has been sentenced to prison in connection with a scheme to fraudulently obtain more than $1.2 million in federal relief loans. U.S. District Judge Deborah L. Boardman has sentenced Denish Sahadevan, a/k/a “Danny Devan,” 32, of Potomac, to three years in federal prison, followed by three years of supervised release, for wire fraud, aggravated identity theft […]

Baltimore man, previously convicted for bank fraud, facing federal charges for filing fraudulent applications for COVID-19 CARES Act loans and unemployment benefits

Posted on January 24, 2023 by Chris Montcalmo

BALTIMORE, MD—A Baltimore man who was previously convicted on bank fraud and aggravated identity theft charges is now facing federal charges for filing fraudulent applications for COVID-19 CARES Act loans and unemployment benefits. A federal criminal complaint has been filed charging Ryan Dales, 34, with wire fraud, relating to the submission of fraudulent applications for unemployment insurance (UI) benefits, a […]

Governor Hogan announces $1 billion emergency stimulus, tax relief package [VIDEO]

Posted on January 11, 2021 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Monday announced the RELIEF Act of 2021, an emergency legislative package that will provide more than $1 billion in direct stimulus and tax relief for Maryland working families, small businesses, and those who have lost their jobs as a result of the COVID-19 pandemic. “With the start of a new 2021 legislative session on Wednesday, […]

Attorney General Frosh announces court victory in attempt to transfer CARES Act funds from public schools

Posted on August 27, 2020 by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh on Thursday announced that a coalition of attorneys general has secured a preliminary injunction against U.S. Department of Education’s attempt to transfer pandemic relief funds away from K-12 public schools. In reaching the decision, the court held that the Department of Educations may have unlawfully reinterpreted the Coronavirus Aid, Relief, and Economic Security […]

Frosh joins coalition urging Congress to strengthen Paycheck Protection Program

Posted on May 6, 2020 by Chris Montcalmo

NOTTINGHAM, MD—Maryland Attorney General Brian E. Frosh on Wednesday joined a coalition of 23 state attorneys general in calling for key changes to the Paycheck Protection Program (PPP) to ensure that funds are distributed fairly and equitably. In a letter sent to Congressional leadership, the attorneys general express concern that the program, while helping some small businesses and their employees, […]

SBA lenders to begin taking applications for 2nd round of Paycheck Protection Program funding on Monday

Posted on April 26, 2020 by Chris Montcalmo

NOTTINGHAM, MD—On Monday, SBA lenders will begin taking applications again for the second round of funding for the Paycheck Protection Program. Baltimore County officials say funding will be very limited so business owners should be prepared to submit their applications first thing on Monday morning. The first round of PPP funding was exhausted in less than two week. This second […]

Gov. Hogan Press Conference: Maryland schools to remain closed through May 15 [VIDEO]

Posted on April 17, 2020 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan held a press conference on Friday to provide an update on the state’s COVID-19 response. At the press conference, Dr. Karen B. Salmon, State Superintendent of Schools, announced the schools would remain closed through May 15th. More details will follow shortly. The governor also announced that announces that $8 million has been provided to 410 small […]

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