Atlanta Man Charged in $3.39 Million COVID-19 Loan Fraud
- Ian Patrick Jackson, 37, was arrested for his role in a COVID-19 relief loan fraud scheme.
- He allegedly conspired with another individual to recruit at least nine business owners for fraudulent PPP applications.
- The scheme involved falsifying employment and wage data to secure $3.39 million in loans.
- Jackson is linked to 15 fraudulent loan applications and is the 12th person charged in this Atlanta-based fraud ring.
- The DOJ has recovered nearly $1.2 million of the defrauded funds so far.
Ian Patrick Jackson faces charges including conspiracy to commit bank fraud and wire fraud, which could lead to decades in prison if convicted. Authorities have already recovered a portion of the defrauded funds, totaling nearly $1.2 million.
Source (2.6)https://dailyhodl.com/2025/05/21/feds-charge-atlanta-man-for-allegedly-applying-for-over-3390000-in-fraudulent-small-business-loans-during-covid/?rand=59076
