A former San Diego resident who allegedly took greater than $400,000 in ill-gotten pandemic reduction funds was arraigned Thursday on wire fraud and cash laundering prices.
Nasser Salman, 60, is accused of submitting fraudulent functions that netted him 5 loans totaling $401,000.
The U.S. Legal professional’s Workplace alleges the mortgage functions have been submitted on behalf of three firms, Lemon Grove Deli and Grill, Inc., Al Laith Buying and selling and Development Consulting Inc. and Alliance Safety Consulting Providers, Inc.
Whereas making use of, prosecutors contend, Salman submitted faux paperwork and misrepresented the variety of staff, the common month-to-month payroll and the gross receipts for the companies.
Between April and August of 2020, Salman allegedly obtained loans by way of the Paycheck Safety Program and Financial Damage Catastrophe Mortgage Program, which supplied reduction funding to help these financially affected by the COVID-19 pandemic.
Prosecutors allege Salman additionally laundered the funds by making wire transfers to a checking account in Morocco, amongst different strategies.
San Diego U.S. Legal professional Randy Grossman mentioned in a press release, “These mortgage packages have been designed to render financial reduction to People throughout an unprecedented public well being emergency. This workplace is devoted to investigating and prosecuting those that exploited the worldwide pandemic to complement themselves.”
A detention listening to is scheduled for 9:30 a.m. Tuesday earlier than U.S. Justice of the Peace Choose Barbara L. Main.
– Metropolis Information Service