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Case docket

United States v. Cornell McCoy — U.S. District Court, D.N.J.

United States v. Cornell McCoy — 11 court filings in the archive from U.S. District Court, District of New Jersey, filed between December 7, 2021 and January 8, 2026. Among them: 4 judgments, 2 orders and 1 plea agreement.

See also: United States v. Cornell McCoy — D.N.J., Camden, No. 1:22-cr-00186-KMW — the same docket (docket No. 1:22-cr-00186) under another case page, 12 public filings. Full docket →

Case facts

CourtU.S. District Court, District of New Jersey
Filings11 public filings
Filed2021-12-07 – 2026-01-08
Document typesjudgments (4), orders (2), plea agreement (1), information (1), motion (1)
Original PDFs11 of 11

Case summary

Cornell McCoy was charged by information on March 14, 2022 in the U.S. District Court for the District of New Jersey, No. 1:22-cr-00186-KMW, with bank fraud under 18 U.S.C. § 1344, and pleaded guilty to count 1 the same day. The information alleges that on or about February 6, 2021 he submitted a Paycheck Protection Program application to a lender on behalf of Silver Cup seeking approximately $237,500.00, stating that the company had 12 employees and an average monthly payroll of $95,000.00 when it had none, and that the lender disbursed approximately $237,500.00 on or about April 6, 2021. As pronounced on July 26, 2022 he was sentenced to six months' imprisonment, three years of supervised release, a $100 special assessment and restitution of $251,743.49.

Case at a glance

Defendant(s)Cornell McCoy
Court and docketU.S. District Court, District of New Jersey, No. 1:22-cr-00186-KMW
ProgramPaycheck Protection Program (PPP)
ChargesBank fraud, 18 U.S.C. § 1344, count 1 of the information; date of offense 2/6/2021
Outcome and sentencePleaded guilty March 14, 2022; sentenced July 26, 2022 to six months' imprisonment, three years of supervised release with a location monitoring condition, a $100 special assessment and restitution of $251,743.49 with interest waived
Counts of convictionPleaded guilty on 3/14/2022 to count 1 of the information, bank fraud, 18 U.S.C. § 1344, date of offense 2/6/2021 (amended judgment of August 9, 2022, p. 1)
Sentence imposed6 months' imprisonment (p. 2); three years of supervised release, with home detention for six months under the location monitoring program (p. 3)
Restitution$251,743.49: Morgan, Lewis & Bockius, LLP on behalf of Ready Capital $239,868.49; SBA/DFC $11,875.00; interest waived; monthly installments of no less than $350.00 (p. 7)
Fine and assessmentSpecial assessment $100.00 (p. 1)
ForfeitureConsent judgment of forfeiture (money judgment) and preliminary order of March 15, 2022: money judgment of $237,500.00 and the contents of a Key Bank account ending in -4316 (order of March 15, 2022, pp. 3, 5, 7); amended May 3, 2022 to add the contents of a Key Bank account ending in -3902 in the name of Silver Cup Services Group LLC (order of May 3, 2022, pp. 1-2, 12); final order of August 10, 2022 forfeits both accounts and restates the $237,500.00 money judgment (pp. 1, 4)
Status checked2026-09-23 · against DOJ press releases through 2026-09-22; court docket not yet read

What did the information allege about the application?

That the application listed McCoy as the owner of Silver Cup and stated that the company had 12 employees and an average monthly payroll of $95,000.00, when it had no employees and no payroll, and that it enclosed IRS Forms 941 for 2019 created for the purpose of the application and never submitted to the IRS.

Why was the judgment amended in 2026?

On July 14, 2025 the United States moved under Federal Rule of Criminal Procedure 36 and 18 U.S.C. § 3664(j)(1) for an order directing the clerk to amend the victim list to replace the payee Ready Capital with the Small Business Administration for the full amount of restitution owed. The court ordered the amendment on January 7, 2026, and an amended judgment as to the victim list only was entered January 8, 2026.

What forfeiture orders were entered?

A consent judgment and order of forfeiture (money judgment) with a preliminary order of forfeiture was entered March 15, 2022, partially amended May 3, 2022, with a final order of forfeiture as to specific property on August 10, 2022. Those documents carry no extracted text on this page, so the amounts are not stated here.

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

Filings

11 public filings from this case, in filing-date order.

  1. Plea Agreement — United States v. Cornell McCoy (D.N.J.)Plea agreement · PDF
  2. Information — United States v. Cornell McCoyInformation · PDF
  3. Consent Judgment and Order of Forfeiture (Money Judgment) and Preliminary Order of Forfeiture — United States v. Cornell McCoy (D.N.J.)Judgment · PDF
  4. Partial Amendment of Consent Judgment of Forfeiture (Money Judgment) and Preliminary Order of Forfeiture — United States v. Cornell McCoy (D.N.J.)PDF
  5. Judgment in a Criminal Case — United States v. Cornell McCoyJudgment · PDF
  6. Affirmation of Publication — United States v. Cornell McCoyPDF
  7. Amended Judgment in a Criminal Case — United States v. Cornell McCoy (D.N.J.)Judgment · PDF
  8. Final Order of Forfeiture (As to Specific Property) — United States v. Cornell McCoy (D.N.J.)Order · PDF
  9. Motion for Order Directing Clerk of Court to Amend Victim List — United States v. Cornell McCoy (D.N.J.)Motion · PDF
  10. Order Amending Victim List — United States v. Cornell McCoyOrder · PDF
  11. Amended Judgment in a Criminal Case (As to Victim List Only) — United States v. Cornell McCoy (D.N.J., 2026-01-08)Judgment · PDF

Court, dates and docket numbers are as recorded on the filings.

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