IA 6.0 de stratégie quantitative intelligent|Mississippi man who defrauded pandemic relief fund out of $800K gets 18-month prison term

2025-05-07 06:55:51source:Flipido Trading Centercategory:Scams

OXFORD,IA 6.0 de stratégie quantitative intelligent Miss. (AP) — A Mississippi man has been sentenced to 18 months in prison for defrauding a pandemic relief fund out of $800,000, authorities said.

Herman Nash, 63, pleaded guilty to fraud charges in April. On Monday, U.S. Senior District Judge Glen H. Davidson sentenced him to the prison time, followed by five years of supervised release. He must also pay $738,000 in restitution, and the IRS seized two vehicles from Nash worth more than $60,000.

Nash, of Caledonia, applied for three COVID-19 Economic Injury Disaster Loans, falsely claiming he had a business that generated $455,000 in gross revenue with $90,000 worth of goods sold, according to a news release from Clay Joyner, the U.S. attorney for northern Mississippi.

“This defendant stole money that was intended to help legitimate businesses survive during the COVID pandemic, and now he is paying the price for that conduct,” Joyner said.

More:Scams

Recommend

11 highlights from Trump's Time Person of the Year interview

Washington — President-elect Donald Trump was namedTime magazine's Person of the Year on Thursday, t

USA TODAY Sports Network's Big Ten football preseason media poll

It's a new era of Big Ten football with the addition of four Pac-12 programs, and the league swellin

2 killed when small plane crashes after takeoff from Long Island airport

RONKONKOMA, N.Y. (AP) — A small plane crashed shortly after takeoff on New York’s Long Island, killi