{"id":51506,"date":"2022-12-01T15:32:38","date_gmt":"2022-12-01T23:32:38","guid":{"rendered":"https:\/\/cjnotebook.com\/?p=51506"},"modified":"2022-12-01T15:33:17","modified_gmt":"2022-12-01T23:33:17","slug":"l-a-man-stole-more-than-15000-in-covid-business-loans-wanted-to-steal-nearly-1-8-million-more","status":"publish","type":"post","link":"https:\/\/cjnotebook.com\/?p=51506","title":{"rendered":"L.A. Man Stole More Than $150,00 in COVID Business Loans, Wanted to Steal Nearly $1.8 Million More"},"content":{"rendered":"<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LOS ANGELES<\/strong><\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\"> <img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-51222 alignleft\" src=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2022\/11\/1yeql23dvji-200x300.jpg\" alt=\"brown wooden chairs inside room\" width=\"200\" height=\"300\" srcset=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2022\/11\/1yeql23dvji-200x300.jpg 200w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2022\/11\/1yeql23dvji-683x1024.jpg 683w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2022\/11\/1yeql23dvji-768x1152.jpg 768w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2022\/11\/1yeql23dvji.jpg 800w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/>A downtown Los Angeles man was found guilty Thursday of federal criminal charges for fraudulently obtaining more than $150,000 \u2013 and attempted to obtain an additional $1.85 million \u2013 in COVID-relief loans for several companies he claimed to own and operate, officials stated.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Sean Schoepflin, 43, a.k.a. \u201cSean Fitzgerald,\u201d was found guilty of two counts of wire fraud and two counts of money laundering.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 According to evidence, from April 2020 to October 2021, Schoepflin made numerous false statements to the U.S. Small Business Administration to secure more than $150,000 \u2013 and attempted to secure an additional $1.85 million \u2013 in Economic Injury Disaster Loans (EIDLs) for his business.<\/span><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<figure id=\"attachment_7271\" aria-describedby=\"caption-attachment-7271\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-7271\" src=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/11\/Fraud-Image-300x198.jpg\" alt=\"FBI Photo Image\" width=\"300\" height=\"198\" srcset=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/11\/Fraud-Image-300x198.jpg 300w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/11\/Fraud-Image-90x60.jpg 90w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/11\/Fraud-Image-180x120.jpg 180w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/11\/Fraud-Image-95x64.jpg 95w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/11\/Fraud-Image.jpg 353w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-7271\" class=\"wp-caption-text\">FBI Photo Image<\/figcaption><\/figure>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">In applying for the EIDL loans, Schoepflin falsely stated that the business entity he created had several employees and more than half a million dollars in revenue. He stated that he would use the EIDLs for working capital for the business. <\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">Schoepflin also falsely stated on a loan application that he had never been convicted of a felony.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 His purported business, Capital Adventures Inc., had no employees and little to no revenue. Schoepflin used the EIDLs largely for personal expenses and had previously been convicted of multiple felonies.<\/span><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-51091 size-medium\" src=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2022\/10\/giorgio-trovato-wyxqqpyfnk8-unsplash-200x300.jpeg\" alt=\"white and black printer paper\" width=\"200\" height=\"300\" \/><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">For example, Schoepflin falsely stated in the loan application that Capital Adventures had revenues of $560,000 in a one-year period just before the pandemic. <\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">When an SBA employee sent an email to Schoepflin requesting Capital Adventures\u2019 business tax return to show proof of the company\u2019s existence as a business entity, Schoepflin sent an unsigned tax form that stated that Capital Adventures had gross sales or receipts of $625,112 in 2019, according to authorities.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Capital Adventures did not file the required IRS form for 2019 until July 2021, after it requested and was denied an increase for its EIDL. Furthermore, between February 2018 and April 2020, Capital Adventures\u2019 bank accounts had total deposits of approximately $35,000.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 United States District Judge Fernando M. Olguin scheduled a July 27 sentencing hearing.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1057 size-medium alignright\" src=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/Justice-Depart-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/Justice-Depart-300x300.jpg 300w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/Justice-Depart-150x150.jpg 150w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/Justice-Depart.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">Schoepflin faces up to 20 years in federal prison for each wire fraud count and up to 10 years for each money laundering count.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Schoepflin\u2019s wife, Erika Leon, 45, a.k.a. \u201cErika Fitzgerald,\u201d also of downtown Los Angeles, plead not guilty to two counts of wire fraud in this case. <\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">Her trial is scheduled for Feb. 21.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Schoepflin also is scheduled to go to trial on May 16 on an indictment charging him with one count of being a felon in possession of firearms and ammunition. <\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1073 alignleft\" src=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/criminal_justice_jurisprudence-2.jpg\" alt=\"\" width=\"299\" height=\"188\" srcset=\"https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/criminal_justice_jurisprudence-2.jpg 299w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/criminal_justice_jurisprudence-2-120x76.jpg 120w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/criminal_justice_jurisprudence-2-265x168.jpg 265w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/criminal_justice_jurisprudence-2-284x180.jpg 284w, https:\/\/cjnotebook.com\/wp-content\/uploads\/2014\/02\/criminal_justice_jurisprudence-2-274x173.jpg 274w\" sizes=\"auto, (max-width: 299px) 100vw, 299px\" \/>Schoepflin allegedly possessed nine firearms and more than 2,000 rounds of ammunition despite felony convictions dating back to the late 1990s in Florida state court, including witness tampering, cocaine possession and burglary.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The FBI and the Treasury Inspector General for Tax Administration investigated this matter. <\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">Assistant U.S. Attorneys Solomon Kim of the Terrorism and Export Crimes Section and Ali Moghaddas of the Major Frauds Section are prosecuting this case.<\/span><\/p>\n<p class=\"yiv8391995479MsoNormal\" style=\"text-align: center;\"><span style=\"font-size: 24px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 Anyone with information about alleged attempted fraud involving COVID-19 can report it by calling the Department of Justice\u2019s National Center for Disaster Fraud Hotline at (866) 720-5721 or via the NCDF Web Complaint Form at: <a href=\"https:\/\/www.justice.gov\/disaster-fraud\/ncdf-disaster-complaint-form\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.justice.gov\/disaster-fraud\/ncdf-disaster-complaint-form<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LOS ANGELES A downtown Los Angeles man was found guilty Thursday of federal criminal charges for fraudulently obtaining more than $150,000 \u2013 and attempted to obtain an additional $1.85 million \u2013 in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-51506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-department-of-justice"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>L.A. 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