"Prior to his employment there, he fraudulently applied for unemployment benefits from the Pandemic Unemployment Assistance program (PUA) and small business loan funds from the Paycheck Protection Program (PPP). When Orisca applied for the benefits, he was working full-time, first for a security company and later for a delivery company. He collected approximately $54,700 in fraudulent unemployment benefits and loan funds, the U.S. Attorney's office said."
"For the wire fraud charges, Orisca faces up to to 20 years in prison, three years of supervised release, and a $250,000 fine, the U.S. Attorney's office said. He also faces up to 30 years in prison, five years of supervised release, and a $1 million fine for the false statement charge. Orisca is scheduled to be sentenced March 11."
Christnel Orisca, 25, of Boston, pleaded guilty to five counts of wire fraud and one count of making a false statement to a financial institution. He fraudulently applied to Pandemic Unemployment Assistance (PUA) and Paycheck Protection Program (PPP) loan funds while employed full-time elsewhere. Prosecutors say he repeatedly misrepresented that he was not working and submitted false income and payroll information for a purported small business. Orisca collected approximately $54,700 in fraudulent unemployment benefits and loan funds. The charges carry up to 20 years for wire fraud and up to 30 years for the false statement count, plus substantial fines. Sentencing is scheduled for March 11.
Read at Boston.com
Unable to calculate read time
Collection
[
|
...
]