United States v. Aaron Boren — PPP bank fraud conspiracy, N.D. Cal.

Case summary

This case page collects filings from the prosecution of Aaron Boren in the U.S. District Court for the Northern District of California, Oakland Division, No. 4:23-cr-00134-AMO, in which he is defendant 004. A criminal information was filed May 4, 2023. The stipulation and order on restitution records that Boren pleaded guilty on September 12, 2023 to conspiracy to commit bank fraud under 18 U.S.C. § 1349, and that at the sentencing hearing on May 13, 2024 the court ordered 12 months and one day in custody plus three years of supervised release and deferred the determination of restitution. The judgment entered May 17, 2024 also orders forfeiture of $52,647.45 seized from a Wells Fargo account. The amended judgment of May 29, 2024 sets restitution at $500,000.00 to the Small Business Administration.

Case at a glance

Why are there two judgments on the page?

The judgment of May 17, 2024 states that the determination of restitution was deferred. The parties then filed a stipulation and order on restitution on May 24, 2024, and the amended judgment of May 29, 2024 records restitution of $500,000.00 payable to the Small Business Administration.

What does the government say the loan was?

The United States' sentencing memorandum states that Boren, with the help of Reginald Mosley and others, submitted a PPP loan application for his company Aaron Boren Consulting Group, that the application affirmed the company had 25 employees, and that $500,000 in pandemic funds was taken.

What was forfeited?

The judgment orders forfeiture of Boren's interest in $52,647.45 seized from a Wells Fargo account ending in 3752.

Summary written from the documents on this page; every sentence is sourced.