Ruby Corado allegedly transferred at least $150,000 in emergency relief funds intended for Casa Ruby to private bank accounts in El Salvador and hid it from the IRS, according to the U.S. Attorney’s Office for D.C. She had received more than $1.3 million in funding from the paycheck protection program and the economic injury disaster loan program When news Corado was under investigation became public in 2022, she sold her home in Prince George’s County, Maryland, and fled to El Salvador, the U.
attorney’s office said. FBI agents arrested Corado at a hotel in Laurel, Maryland, Tuesday. Bank fraud carries a maximum sentence of 30 years in prison. Wire fraud carries up to 20 years. The money laundering charges carry up to 20 years. In November 2022, the D.C. Attorney General’s Office filed a complaint stating Corado funneled more than $400,000 from Casa Ruby to her personal accounts between April 2021 and September 2021.
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