BALTIMORE, MD—A Maryland settlement processor has pleaded guilty to making false statements to financial institutions in connection with real-estate settlements, authorities say. Rebecca Marie Cohn, 38, of Fallston, worked as a settlement and title processor for Residential Title & Escrow Company in Owings Mills from 2013 to 2019. In her role, Cohn created, reviewed, and submitted HUD-1 Settlement Statements to […]
BALTIMORE, MD—A former Baltimore City employee has been sentenced to prison after being sentenced for a bribery and wire fraud scheme. U.S. District Judge Richard D. Bennett sentenced Joseph Gillespie, 35, of Baltimore City, to four years in federal prison and three years of supervised release in connection with a bribery scheme and conspiracy to commit wire fraud scheme involving […]
BALTIMORE, MD—A Baltimore County businessman has admitted to using more than $1.3 million in Paycheck Protection Program loans to purchase a Mercedes-Benz and make extensive home renovations, federal authorities announced. David Epstein, 46, of Owings Mills, pleaded guilty to one count of wire fraud after submitting fraudulent CARES Act loan applications, according to the U.S. Attorney’s Office in Maryland. The […]
BALTIMORE, MD—On Monday, the U.S. Small Business Administration will begin to operate Business Recovery Centers to assist business owners in completing disaster loan applications, accept documents for existing applications, and provide status updates on loan applications in response to the collapse of the Francis Scott Key Bridge. These Centers will operate as indicated below until further notice. BALTIMORE COUNTY Opening: […]
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 […]
NOTTINGHAM, MD—Saturday, November 26, 2022 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. Founded by American Express in 2010 and officially co-sponsored by SBA since 2011, Small Business Saturday has become an important part of small businesses’ busiest shopping season. Historically, reported projected spending among U.S. consumers who […]
UPDATE: The Small Business Administration has approved a disaster declaration for areas affected by Tropical Depression Ida. Original story below… —— ANNAPOLIS, MD—Governor Larry Hogan on Friday announced that the State of Maryland is making $4 million in funding available to assist residents and businesses affected by Tropical Depression Ida. In addition, the governor has requested a disaster declaration from […]
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, […]