BOSTON – A man from Hull is accused of submitting fraudulent documents to obtain federal loans under a program to donate money to businesses affected by the pandemic.
Shane Spierdowis, 30, has been charged with one count of wire fraud in connection with a criminal complaint. He was arrested Friday and later appeared in federal court in Boston.
He faces up to 20 years in prison and fines of up to $ 250,000 for this charge.
In the complaint, investigators said Spierdowis used fake Social Security numbers, a fake driver’s license and fraudulent documents such as tax forms to apply for loans from the US Small Business Administration under Coronavirus Aid, Relief , and Economic Security Act, commonly known as the CARES Act.
Investigators said Spierdowis secured a $ 101,517 paycheck protection program loan on behalf of a limited liability company in February and an economic disaster loan of $ 89,900 on behalf of a limited liability company. of a separate company.
The forged documents show Spierdowis as chairman of both companies and reflect fictitious payments of thousands of dollars he made to non-existent employees in 2019, investigators said.
In fact, Spierdowis had been in federal custody from May 2019 to June 29, 2020, having pleaded guilty to probation violations for a sentence imposed on him after being convicted under a separate program of handling of stocks.
The names of the companies created to obtain the loans have never been mentioned in previous court documents in which Spierdowis tried to convince the court that he was looking for work, prosecutors said.
Hull police assisted the US Secret Service in the investigation.
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