three individuals charged in Will County with acquiring fraudulent loans for companies – Shaw Native

Prosecutors have charged three individuals in Will County with receiving loans from the Small Enterprise Administration by making false claims in regards to the revenues of their companies.

On Monday, Jamelle McBride, 34, and L’Keisha McBride, 32, each of Homer Glen, have been arrested and brought to the Will County jail on prices of mortgage fraud, theft by deception and wire fraud.

L’Keisha McBride has been charged in a separate fraud case from Jamelle McBride, who’s a co-defendant of Justin James in their very own case.

The county jail log didn’t present James in jail on Thursday. His courtroom file remains to be underneath seal however his prices had been made public within the courtroom file for Jamelle McBride that was unsealed on Tuesday. L’Keisha McBride’s case was unsealed the identical day.

In a legal grievance, prosecutors alleged L’Keisha McBride acquired a $200,000 mortgage from the Small Enterprise Administration by falsely representing that her enterprise, Richey’s Elite Occasions, had gross revenues of $150,000 for a 12 months earlier than Jan. 31, 2020.

Prosecutors additional accused L’Keisha McBride of receiving a $74,000 mortgage from the federal company by falsely claiming her different enterprise, Dream Children Boutique, had gross revenues of $90,000 for a 12 months earlier than Jan. 31, 2020.

Prosecutors alleged L’Keisha McBride falsely acquired a $10,000 advance on that mortgage for Dream Children Boutique on June 22, 2020.

She was additionally charged with submitting a fraudulent 2019 earnings tax return.

Within the case towards Jamelle McBride and James, prosecutors alleged the 2 acquired a $150,000 mortgage from the Small Enterprise Administration by falsely claiming James’ enterprise, Lorgos, had gross revenues of $1.2 million for a 12 months earlier than Jan. 31, 2020.

Prosecutors charged James with receiving a $150,000 from a mortgage from the federal company by falsely claiming his different enterprise, From the Thoughts to Design, had gross revenues of greater than $1 million.

Jamelle McBride was charged with receiving federal loans totaling $650,000 by falsely claiming his enterprise, P&J Occasions, had gross revenues of $180,000 and his different enterprise, Contemporary Style of the Day, had gross revenues of $400,000, for a 12 months earlier than Jan. 31, 2020.

Jamelle McBride and L’Keisha McBride are being held in jail on a $2 million and $500,000 bonds, respectively.