United States v. Sinoj Kallamplackal Joseph

Case summary

Sinoj Kallamplackal Joseph, 42, a former McKinney, Texas, man, submitted fraudulent applications for more than $3 million in PPP loans to an SBA-approved lender, according to an indictment filed in the Eastern District of Texas. The applications were filed in the names of MK Analytics LLC, Sanbi Solutions LLC and KMS Traders Group LLC, the indictment says.¹

The indictment alleges he fabricated payroll records, including the number of employees and the amounts of payroll costs, and submitted fraudulent documentation in support of the applications.¹

He was charged with seven counts of wire fraud and three counts of making false statements to a bank; an indictment is an accusation, and he is presumed innocent. IRS Criminal Investigation, SBA's Office of Inspector General, the Federal Reserve Board's OIG, the FDIC's OIG, and the Treasury Inspector General for Tax Administration investigated; Assistant U.S. Attorneys Sean J. Taylor and Nathaniel C. Kummerfeld are prosecuting.¹

Notes

1. U.S. Department of Justice, U.S. Attorney's Office for the Eastern District of Texas, "Former McKinney Man Indicted for COVID-19 Relief Fraud" (original), October 15, 2021. ↩₁ ↩₂ ↩₃

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