Pandemic Darlings The pandemic economy, in original documents
Home Source documents U.S. Department of Labor OIG, Fairhope Man Pleads Guilty to Over $1.2 Million in PPP Fraud (USAO SD-AL 08/30/2022) (2022-09-09)

U.S. Department of Labor OIG, Fairhope Man Pleads Guilty to Over $1.2 Million in PPP Fraud (USAO SD-AL 08/30/2022) (2022-09-09)

Summary

An August 30, 2022 press release from the U.S. Attorney's Office for the Southern District of Alabama announcing that Jason Carl Pears of Fairhope pleaded guilty on August 26, 2022, before U.S. District Judge Terry F. Moorer, to two counts of wire fraud and one count of money laundering. According to court documents cited in the release, Pears obtained two Paycheck Protection Program loans for two companies, The Jason Made It Company and Nanny For A Week, using false tax forms, altered checks and falsified loan documents. After securing over $1.2 million, he spent the money on luxury goods and real estate. Sentencing was set for November 18, 2022. The FBI, the Internal Revenue Service and the Social Security Administration, Department of Labor and Small Business Administration inspectors general investigated.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Cite this document

“U.S. Department of Labor OIG, Fairhope Man Pleads Guilty to Over $1.2 Million in PPP Fraud (USAO SD-AL 08/30/2022) (2022-09-09).” Original at www.oig.dol.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/u-s-department-of-labor-oig-fairhope-man-pleads-guilty-to-over-1-2-mil-bb41e480fc/, SHA-256 6c17be870534f8a8aaaf187fe43b1156facee32fd2e19a1dce14d37c9bd92dd4.

Full text

                                      Department of Justice

                                         U.S. Attorney’s Office

                                     Southern District of Alabama

FOR IMMEDIATE RELEASE
Tuesday, August 30, 2022

    Fairhope Man Pleads Guilty to Over $1.2 Million in PPP
                          Fraud
MOBILE, AL – Jason Carl Pears of Fairhope, Alabama, pleaded guilty to two counts of wire fraud
and one count of money laundering before United States District Judge Terry F. Moorer on August
26, 2022. The guilty plea arises from Pears’ abuse of assistance programs provided under the
Coronavirus Aid, Relief, and Economic Security (CARES) Act.

According to court documents filed in connection with his guilty plea, Pears obtained two Paycheck
Protection Program (PPP) loans on behalf of two companies: The Jason Made It Company and
Nanny For A Week. Pears utilized false tax forms, altered checks, and falsified loan documents to
obtain the loans. After successfully securing over $1.2 million in PPP loan funds, Pears spent the
money on luxury goods and real estate, among other things. Pears is due to be sentenced before
Judge Moorer on November 18, 2022.

U. S. Attorney Sean P. Costello said, “Criminals who refuse to play by the rules and lie, cheat, and
steal money will be tracked down. We continue to work with our partners in law enforcement to
identify and prosecute anyone who abuses the system for their own selfish gain.”

“The Payroll Protection Program was designed to alleviate some of the financial hardship caused by
the pandemic. By falsely claiming benefits from this program, Mr. Pears victimized the American
taxpayer and took money away from deserving people in need. The FBI remains committed to
investigating fraud against the government and protecting the American people” said FBI Special
Agent in Charge Paul Brown.

The case was investigated by a joint task force of Special Agents from the Federal Bureau of
Investigations, the Internal Revenue Service, the Social Security Administration Office of Inspector
General, the Department of Labor Office of Inspector General, and the Small Business
Administration Office of Inspector General.

Assistant U.S. Attorney Kasee Heisterhagen prosecuted the case on behalf of the United States.


Component(s):
USAO - Alabama, Southern
                                                                                 Updated September 1, 2022

File and source

File
2022-09-09-Fairhope-Man-Pleads-Guilty-to-Over-1-2-Million-in-PPP-Fraud-USAO-SD-AL-08-30-2022.pdf
Size
264,428 bytes
SHA-256
6c17be870534f8a8aaaf187fe43b1156facee32fd2e19a1dce14d37c9bd92dd4
Our copy
2022-09-09-Fairhope-Man-Pleads-Guilty-to-Over-1-2-Million-in-PPP-Fraud-USAO-SD-AL-08-30-2022.pdf
Original
www.oig.dol.gov
Back to top