Indictment — No. 2:23-cr-00286 (Dkt. 1, C.D. Cal.)

Summary

A grand jury indictment filed June 8, 2023 in United States v. Mark Farag Shehata, CR 2:23-cr-00286-GW, in the U.S. District Court for the Central District of California, as Document 1. Counts One through Seven charge wire fraud under 18 U.S.C. § 1343, alleging that from in or about May 2020 through in or about May 2021 Shehata submitted at least seven false Paycheck Protection Program loan applications to Bank of the West, U.S. Bank, Cross River Bank and Fund-Ex Solutions Group, LLC for companies including Shirmak Group LLC and Alpha and Omega Group. The indictment alleges the named borrowers had no employees or business, that fake payroll tax records and IRS Forms W-3 were supplied, and that the applications requested a total of $5,423,989 and obtained approximately $3,154,265. A forfeiture allegation under 18 U.S.C. § 982 follows.

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