A former Florida church pastor who allegedly stole hundreds of {dollars} from the US authorities may face many years in jail if convicted.
America Lawyer’s Workplace for the Center District of Florida alleges Marcus Eichelberger conspired with one other unnamed particular person to “fraudulently full and submit purposes” for the Small Enterprise Administration’s (SBA) Paycheck Safety Program (PPP) loans.
The PPP was a US authorities program designed to cushion small companies from the financial hardships wrought by the COVID-19 pandemic.
Within the mortgage utility, america Lawyer’s Workplace for the Center District of Florida says Eichelberger and his confederate licensed that the mortgage can be used to take care of payroll and meet the bills of a purported enterprise, however this didn’t change into the case ultimately.
“After the loans have been authorized, it’s alleged that Eichelberger and the opposite particular person retained the proceeds for his or her private use and never for any official PPP objective.”
In line with america Lawyer’s Workplace for the Center District of Florida, Eichelberger and his alleged confederate later sought to have the loans forgiven. The US authorities incurred a lack of roughly $50,000 consequently.
The previous church pastor now stands indicted on 4 counts of wire fraud in relation to the loans that he allegedly fraudulently obtained and sought forgiveness for.
If convicted, Eichelberger faces as much as 20 years in federal jail per depend.
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