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Home Loans Hampton man sentenced to 27 months for COVID-19 mortgage fraud

Hampton man sentenced to 27 months for COVID-19 mortgage fraud

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Hampton man sentenced to 27 months for COVID-19 mortgage fraud

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HAMPTON, Va. (WAVY) — A Hampton man has been sentenced to 27 months behind bars for falsely making use of for loans meant to grant COVID-19 aid to small companies.

In accordance with courtroom paperwork, 44-year-old Marlon McKnight falsely utilized for 4 loans administered by the Small Enterprise Program in August 2020 and January and February 2021.

Officers say he additionally utilized for 3 Financial Damage Catastrophe Loans and one Paycheck Safety Program mortgage utilizing false data, together with false enterprise names, earnings, and worker data, in addition to a false tax return.

McKnight sought over $100,000 in loans and obtained roughly $35,000 which he then used to pay his private bills. Investigators mentioned McKnight submitted sure false purposes from a midway home and others after simply being launched from the Bureau of Prisons for a earlier federal fraud scheme.

Along with the 27-month sentence, McKnight was sentenced to a further 4 months of consecutive incarceration for his violation of supervised launch from his prior case.

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