Former IRS Employee Pleads Guilty to Fraudulently Obtaining $62,300 In CARES Act Funds
Summary
A press release of the U.S. Attorney's Office for the District of New Hampshire dated Wednesday, September 28, 2022, announcing that Charles Clark, 64, of Merrimack, a former IRS employee, pleaded guilty in federal court to making false statements in connection with obtaining $62,300 in CARES Act funds. According to the release, in July 2020 he fraudulently applied for a loan under the Economic Injury Disaster Loan program. It explains that Congress authorized multiple relief programs, including EIDL, to help Americans and small businesses affected by the early stages of the pandemic. The release number is 22-111.
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You are here Justice News Department of Justice U.S. Attorney’s Office District of New Hampshire FOR IMMEDIATE RELEASE Wednesday, September 28, 2022 Former IRS Employee Pleads Guilty to Fraudulently Obtaining $62,300 In CARES Act Funds CONCORD – Charles Clark, 64, of Merrimack, New Hampshire, pleaded guilty in federal court to making false statements, United States Attorney Jane E. Young announced today. According to court documents and statements made in court, in July 2020, Clark fraudulently applied for a loan under the Economic Injury Disaster Loan (EIDL) program. Congress had authorized multiple relief programs, including EIDL, to help the millions of Americans and many small businesses adversely affected by the early stages of the COVID pandemic. EIDL funds were issued by the Small Business Administration and were to be used for limited purposes such as payroll expenses, sick leave, and production costs. In his EIDL application, Clark falsely claimed to have been an independent contractor working in the “Hair & Nail Salon” industry when he was working as a full-time IRS employee. He obtained $62,300 in funds which he then misused by spending them on renovating an investment property he owned. Clark is scheduled to be sentenced on January 5, 2023. The case was investigated by the Treasury Inspector General for Tax Administration. It is being prosecuted by Special Assistant U.S. Attorney Alexander S. Chen. ### Topic(s): Coronavirus Financial Fraud Component(s): USAO - New Hampshire Press Release Number: 22-111 Updated September 28, 2022
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