63-year-old Colorado man sentenced for money laundering, using pandemic relief funds to woo online scammer. William Chadwick, from Akron, received a 15-month prison sentence and ordered to repay $228,000. He acquired funds from Unemployment Insurance, Emergency Rental Assistance, and Paycheck Protection loans. Chadwick submitted over 100 fraudulent unemployment applications, receiving $1.4 million and withdrawing $81,000. He sent cryptocurrency and gift cards to the scammer, who was also involved in fraud. The maximum sentence is 20 years, but Chadwicks sentence has been delayed due to the government shutdown.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
