LOS ANGELES — A Santa Clarita man pleaded accountable Tuesday to a national scam charge for obtaining $655,000 in salary cover system loans by publishing fake tax documents and personnel ideas.
Raymond Magana, 39, pleaded guilty, via Zoom, to a single amount of scam regarding the significant disaster or emergency positive, based on the U.S. Attorney’s workplace.
U.S. section Judge Stanley Blumenfeld Jr. arranged a will 11 sentencing hearing in l . a . national judge.
Magana acknowledge to utilizing fraud to have $655,000 in PPP debts.
Final thirty days, co-defendant Steven R. Goldstein, 36, of Northridge, pleaded bad on the exact same cost. Blumenfeld booked a March 30 sentencing hearing for Goldstein.
Prosecutors state the defendants applied for above five split PPP business loans totaling a lot more than $2.5 million from numerous financial institutions.
The PPP mortgage plan premiered at the beginning of the COVID-19 pandemic and was made to allow entrepreneurs maintain employees on their payroll.
Get the newest information delivered each day!
Most Widely Used
Previous Rams rehearse group RB Otis Anderson Jr. try and slain
Los Angeles County Sheriff’s division shuns COVID-19 examination supplier over China links
Sentencing put for gang member who shot two Whittier officers, killing one, after killing another people
Jacqueline Avant, partner of Rock & Roll hall-of-famer, slain in Beverly slopes home invasion
Lancaster lady convicted in 1997 slaying of date
Lancaster parent faced with killing his 4 little ones, mother-in-law
William S. Hart School section examining blows cast that ceased Valencia and Saugus online payday loans in MA boys baseball games
Angels GM Perry Minasian thinks the guy extra influence with 4 pitchers signed before lockout
Panorama town man implicated of tasing policeman at Capitol riot wants confession tossed
Woman walks onto LAX tarmac, tries to prevent plane from departing after missing out on the woman boarding
City Information Solution
Join the discussion
We ask you to need the commenting platform to engage in informative discussions about issues within area. Although we really do not pre-screen opinions, we reserve the proper at all times to eliminate any suggestions or items being illegal, harmful, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or perhaps objectionable to us, and divulge any suggestions required to satisfy the laws, rules, or authorities demand. We may forever prevent any consumer exactly who abuses these conditions.
I have had these types of a phenomenal knowledge using the services of folks at Shamrock. With another child in route, the stress is to get our own homes. Shamrock helped me feel it absolutely was as much of a top priority in their mind as it was to me. They kept me current and made certain I’d an effective knowledge of every step for the process. Im so thrilled attain ourselves and the little girls within their own home! Thanks a lot a whole lot in making this type of a daunting processes a great experience!
Aubrey from Cranston, RI
Shamrock mortgages contains the better, a lot of responsive employees I have ever addressed. Every person who attained out to me personally got exact about what they required and had everything registered very early, clearing me personally a couple weeks ahead of time. That they had my personal back once again each step in the means and always replied questions I experienced. If you should be an initial time residence consumer or are looking to become approved for another house, this is actually the spot you want to work with since they will always make what you want happen!
Using the services of Shamrock mortgage loans has become a great enjoy for people. From the beginning of one’s real estate process with the end had been these types of very simple. Most people are well-informed, polite, and their impulse time for you any queries I inquired is remarkable. We suggest them to everyone! I additionally work in the insurance coverage industry and each buyer of my own with which has made use of Shamrock’s service also have had a wonderful experience!
Whenever anybody spoke in my experience, they treated me personally virtually as a friend. We believed extremely safe inquiring any question I’d. I happened to be stressed the first time since I have woeful credit, even so they checked in on myself every step from the way. They also recalled a few of the factors happening within my personal life. Actually, i cannot say adequate just how delighted i’m. Thank-you!
AMAZING providers! I’ve made use of Shamrock for property completion and a refinance, and both occasions I sensed the dreadful lbs of a home finishing totally raised down my personal shoulders. The employees is incredibly effective, experienced and enjoyable to utilize. The team will make the whole techniques from begin to end very easy, and can’t wait to work with them again. Suggest, 5+ performers!