North Tonawanda Man Pleads Guilty To COVID-19 Relief Fraud
Summary
A press release of the U.S. Attorney's Office for the Western District of New York dated Thursday, July 28, 2022, announcing that Michael Kornaker, 50, of North Tonawanda pleaded guilty before U.S. District Judge Richard J. Arcara to wire fraud and violation of supervised release, charges carrying a maximum of 20 years in prison and a $250,000 fine. It states that between June and August 2020, shortly after his release from federal prison on supervised release following a prior fraud conviction, he fraudulently applied for an Economic Injury Disaster Loan through the Small Business Administration. According to the release, he applied for $60,500 using another person's name and personal information.
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You are here Justice News Department of Justice U.S. Attorney’s Office Western District of New York FOR IMMEDIATE RELEASE Thursday, July 28, 2022 North Tonawanda Man Pleads Guilty To COVID-19 Relief Fraud CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. - U.S. Attorney Trini E. Ross announced today that Michael Kornaker, 50, of North Tonawanda, NY, pleaded guilty before U.S. District Judge Richard J. Arcara to wire fraud and violation of supervised release. The charges carry a maximum penalty of 20 years in prison, and a $250,000 fine. Assistant U.S. Attorney Douglas A. C. Penrose, who is handling the case, stated that between June and August 2020, shortly after being released on supervised release from federal prison following a prior fraud conviction, Kornaker fraudulently applied for an Economic Injury Disaster Loan (EIDL) through the U.S. Small Business Administration (SBA). The EIDL program provides funds to small businesses or private, non-profit organizations that suffer substantial economic injury as a result of a declared disaster, including the COVID-19 pandemic. Kornaker applied for $60,500 by using the name and personal information of another person and without that person’s permission. The plea is the result of an investigation by the Federal Bureau of Investigation, under the direction of Special Agent-in-Charge Stephen Belongia, and the Internal Revenue Service Criminal Investigation, under the direction of Special Agent-in-Charge Thomas Fattorusso. Sentencing is scheduled for November 30th at 12:30 p.m. before Judge Arcara. # # # # Topic(s): Coronavirus Component(s): USAO - New York, Western Updated July 28, 2022
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