Pandemic Darlings The pandemic economy, in original documents
Home Profiles Fraud defendants Nadine Consuelo Jackson

Profiles · Fraud defendantsControversial

ProfilePerson

Nadine Consuelo Jackson

Defendant

PPP · EIDL
Type
Person
Role
Defendant
Programs
PPP, EIDL
Updated

The profile

A Dayton, Ohio woman who told lenders her one-person investigation and security firm had 73 employees, sought $2.5 million in PPP loans and was sentenced to 24 months in prison.

Individuals whose conduct was challenged or called into question during or after the pandemic. See sources: DOJ plea release, Nov. 16, 2020 DOJ sentencing release, March 16, 2021

Identity and role

Nadine Consuelo Jackson, of Dayton, Ohio, owned Extract LLC, a licensed private investigation and security services business. She was 31 when charged and 32 when she pleaded guilty and was sentenced, according to the U.S. Attorney's Office for the Southern District of Ohio. Ohio requires such firms to register their employees with the state. Extract LLC had registered one: Nadine Jackson, "Investigator/Caregiver."

The applications

Jackson sought two forgivable PPP loans, of $1.3 million and $1.2 million. Both applications listed 73 Extract LLC employees; the charging release put the claimed payroll at more than $800,000 and the later releases at about $500,000. She also filed false tax documents, prosecutors said.

More than $1 million was wired to her accounts before the loans were flagged. The bank recalled one loan and the government seized the other. Separately she received a $54,000 EIDL loan from the SBA on an application listing eight employees, then wired the money out in five transfers; that money was seized too. Agents interviewed four of the people named as employees. None worked for the company, and three had never heard of it.

  • Charged: by federal complaint, announced June 24, 2020, with bank fraud and making a false statement to a bank. The government had by then seized more than $1.2 million (charging release).
  • Pleaded guilty: November 16, 2020, before U.S. District Judge Michael J. Newman, to wire fraud and making a false statement to a bank (plea release).
  • Sentenced: March 16, 2021, to 24 months in prison by Judge Newman (sentencing release). Acting U.S. Attorney Vipal J. Patel said she "lied to steal millions of public dollars." The release counts her as having fraudulently obtained more than $2.5 million, the sum of the two PPP requests; by its own account most of the money was recalled or seized. SBA's Office of Inspector General and IRS Criminal Investigation investigated.

Since 2025

We have no record of her case after the March 2021 sentencing.

Sources

Back to top