In reality, the man's phony business had no revenues, payroll or employees, authorities said.
Jeff Goldman | NJ Advance Media for NJ.com
A New Jersey man was sentenced to nearly 3 1/2 years in federal prison after fraudulently obtaining $942,141 in COVID loans and unemployment benefits in the first year of the pandemic. In addition to paying restitution, Stephen Bennett, 46, of Berlin, was fined $15,000 and will be subject to five years of supervised release after finishing his 41 months in prison, theBennett conspired with Rhonda Thomas, 38, of Sicklerville, who filed Payroll Protection Program and Economic Injury Disaster Loan applications. The applications falsely claimed Bennett owned a business with 16 employees, gross revenues of $1.73 million and an average monthly payroll of $144,000.
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