Michigan Man Pleads Guilty to Conspiracy in $14.5 Million PPP Loan Fraud
Summary
Marc Andrew Martin, 46, of Detroit pleaded guilty before United States District Judge W. Scott Hardy to one count of fraud conspiracy, Acting United States Attorney Troy Rivetti announced. According to the release, between March 2020 and August 2021 Martin and others, including Matthew Parker, a licensed CPA from Detroit, conspired to defraud lenders of over $14 million in PPP loans. Parker recruited hundreds of small businesses and falsified applications, 226 of which the SBA approved for loans totaling about $14.5 million, the largest known PPP fraud in the Western District of Pennsylvania. Martin referred approximately $1,900,000 in fraudulent loan packages to Parker, who pleaded guilty in May 2024. Sentencing was set for July 10, 2025; the law provides for up to 30 years in prison, a fine of up to $1 million, or both.
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Full text
PITTSBURGH, Pa.- A resident of Detroit, Michigan, pleaded guilty in federal court to a charge of fraud conspiracy, Acting United States Attorney Troy Rivetti announced today. Marc Andrew Martin, 46, pleaded guilty to one count before United States District Judge W. Scott Hardy. In connection with the guilty plea, the Court was advised that, between March 2020 and August 2021, Martin and others—including Matthew Parker—conspired to defraud lenders of over $14 million in Paycheck Protection Program (PPP) COVID-19 relief loans. Parker, a licensed CPA from Detroit, Michigan, recruited hundreds of small businesses in Pittsburgh and Detroit and falsified PPP loan applications. The Small Business Administration approved 226 of those applications, resulting in loans totaling approximately $14.5 million to businesses, the largest known PPP fraud in the Western District of Pennsylvania. Martin referred approximately $1,900,000 in fraudulent loan packages to Parker. Parker pleaded guilty to fraud conspiracy in May 2024. Judge Hardy scheduled sentencing for July 10, 2025. The law provides for a total sentence of up to 30 years in prison, a fine of up to $1 million, or both. Under the federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offense and the prior criminal history, if any, of the defendant. Assistant United States Attorney Gregory C. Melucci is prosecuting this case on behalf of the government. The United States Postal Inspection Service and Federal Bureau of Investigation conducted the investigation that led to the prosecution of Martin.
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