Rockledge Man Pleads Guilty To COVID-19 Fraud
Summary
United States Attorney Roger B. Handberg announces that Robert William Burns, III (44, Rockledge) has pleaded guilty to COVID-19-related wire fraud and faces a maximum penalty of 20 years in federal prison. According to the plea agreement, in 2021, Burns applied for three Paycheck Protection Plan (PPP) loans to support two businesses, RB3 Ventures LLC and The Social Wizards, and made false statements in all three applications. In one instance, Burns inflated company income and supported the application with false or fictitious tax documents. Burns fraudulently obtained $57,186 in PPP funds, spent all of it on non-business purposes, and agreed to forfeit $57,186 and make full restitution to the U.S. Small Business Administration. A sentencing date has not yet been set.
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“Rockledge Man Pleads Guilty To COVID-19 Fraud.”
Original at www.justice.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2024-10-30-rockledge-man-pleads-guilty-to-covid-19-fraud-045fa1c1-92d88d506a/
, SHA-256 5075080678c585808bb41261e79a00840d0938db7c63c3b2dff9059097548621.Full text
Orlando, Florida –United States Attorney Roger B. Handberg announces that Robert William Burns, III (44, Rockledge) has pleaded guilty to COVID-19-related wire fraud. Burns faces a maximum penalty of 20 years in federal prison. A sentencing date has not yet been set. According to the plea agreement, in 2021, Burns applied for three Paycheck Protection Plan (PPP) loans to support two of his businesses – RB3 Ventures LLC and The Social Wizards. In all three applications, Burns made false statements to obtain the loans. In one instance, he inflated his company’s income to obtain a larger payout and supported the application with false or fictitious tax documents. In total, Burns fraudulently obtained $57,186 in PPP funds. Burns then spent all the funds on non-business purposes. As part of his plea agreement, Burns has agreed to forfeit $57,186 and make full restitution to the U.S. Small Business Administration. This case was investigated by the United States Secret Service and the Brevard County Sheriff’s Office. It is being prosecuted by Assistant United States Attorney Richard Varadan.
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