Pizzeria owner accused of using Covid relief on alpaca farm, cryptocurrency radio show

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 86%

United States Headlines News

United States Latest News,United States Headlines

Pizzeria owner used Covid-19 relief on alpaca farm, cryptocurrency radio show, officials say.

The former owner of a Massachusetts pizzeria is accused of fraudulently obtaining more than $600,000 in stimulus loans and using some of the money to buy an alpaca farm.

The man, Dana L. McIntyre, 57, was arrested Tuesday and charged in a criminal complaint with one count each of wire fraud and money laundering,McIntyre, of Grafton, Vermont, is alleged to have submitted a fraudulent application in April 2020 for the Small Business Administration's Paycheck Protection Program, which was created to help small businesses struggling to stay afloat during the coronavirus pandemic.

Authorities said McIntyre owned Rasta Pasta Pizzeria in Beverly, Massachusetts, when he falsely claimed on his loan application that he employed nearly 50 people. He actually had fewer than 10 workers, authorities said.After he got the loan, he closed the restaurant and used nearly all of the money"for personal expenses, including to purchase and upgrade a farm in Vermont as well as to buy several alpacas," the U.S. attorney's office alleged in a statement.

McIntyre also bought two vehicles and"weekly airtime for a cryptocurrency-themed radio show," prosecutors alleged. Jason M. Stelmack, an attorney for McIntyre, said in a statement Wednesday,"He denies the allegation and will comment on the case at a later date."McIntyre faces up to 20 years in prison on each charge if convicted. Online court records show that he was released on bond.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Won't pay us enough to work and will drag us through the mudd for it politically....and then you have this shit...wonder if he is paying his help a living a living wage for running his farm

Get-a ready to al-pac-a for a long prison stay-a. italianaccent

Damn man 👨

Tears grips my heart knowing how hard I've struggled to find a legit trader. I never wanted to do this but I'll be guilty if i don't share this good news to people to join the best trader have ever know. Thanks for helping me and i will forever be grateful to you LISATOWNSENDC

El propietario de la pizzería usó alivio de Covid-19 en una granja de alpacas, según el programa de radio de criptomonedas, dicen los funcionarios.

Couple of months ago I came across a recommendation about Blakescott64 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Covid in Scotland: Inspectors highly critical of Covid-hit care homeDying residents' health needs were 'neglected' at the care home in Midlothian where 15 died with Covid. Why Scotland in particular? Do they think people don’t notice?
Source: bbchealth - 🏆 143. / 63 Read more »

Covid:19: Nisra records slight increase in NI Covid deathsCovid-19 was mentioned on the death certificates of eight people in NI up to Friday 30 April.
Source: bbchealth - 🏆 143. / 63 Read more »

Covid: Drakeford set for Covid talks after Welsh election winMark Drakeford returns to work after Labour's Welsh election win to consider easing lockdown rules.
Source: bbchealth - 🏆 143. / 63 Read more »

California bar owner charged after allegedly selling fake Covid-19 vaccination cardsUndercover agents with the state's Department of Alcoholic Beverage Control were able to buy the fake cards at the Old Corner Saloon multiple times, the agency said. Should strip his alcohol license. If he’s selling fake vaccine cards, I could only imagine what he’s doing to fake sanitary and other approvals. Who are the people buying these cards? Either get the shot or be proud to be unvaccinated. Imagine buying a fake vaccination card when you could get one for free. 🧐🧐🧐
Source: NBCNews - 🏆 10. / 86 Read more »

California man charged with using COVID loans to buy FerrariIRVINE, Calif. (AP) — A Southern California man has pleaded not guilty to charges he obtained $5 million in federal coronavirus-relief loans for phony businesses and then used the money for lavish vacations and to buy a Ferrari, Bentley and Lamborghini, prosecutors said Monday... Mustafa Qadiri, 38, was arrested last week on suspicion of scheming to defraud the Paycheck Protection Program, which was implemented last year to help small businesses struggling during the COVID19 pandemic. Who could have imagined this would happen when you give away free money without any control over who gets it. The Lakers, Shake Shack, and AutoNation got money from a program meant to help small businesses. Prosecutors said Qadiri submitted fraudulent loan applications to three banks on behalf of four companies that didn’t actually exist. The applications included altered bank records, fake tax returns and false information about employees, according to the indictment. 1/2
Source: AP - 🏆 728. / 51 Read more »