ATLANTA — An Atlanta lady discovered her destiny Tuesday after being convicted of financial institution fraud for her function in a multi-million greenback COVID-19 fraud scheme.
Khadijah X. Chapman, 59, of Atlanta, was sentenced to 3 years and 10 months in jail for fraudulently acquiring and misusing Paycheck Safety Program, or PPP, loans underneath the CARES Act in a fraud ring with two others, in line with the U.S. Division of Justice.
DOJ officers stated Chapman was convicted of financial institution fraud in November 2023.
The opposite two co-defendants obtained roughly two years in jail.
Courtroom paperwork and proof present that the trio obtained $3.5 million in fraudulent PPP loans for faux companies in 2020 and 2021 by working with co-conspirators to submit false data to monetary establishments in Boise, Idaho.
The case was sponsored by the Legal professional Basic’s COVID-19 Fraud Enforcement Activity Pressure to marshal the assets of the Justice Division in partnership with businesses throughout the federal government to boost efforts to fight and forestall pandemic-related fraud.