USAO - Maryland News Update

Offices of the United States Attorneys   You are subscribed to USAO - Maryland news updates. This information has recently been updated, and is now available. Baltimore Man Sentenced to 24 Months in Federal Prison for Scheme to Obtain More Than $550,000 in Fraudulent Covid-19 CARES Act Loans 10/31/2023 08:00 AM EDT Used CARES Act Loan Proceeds to Purchase a Mercedes-Benz and to Lease and Fully Furnish a Luxury Apartment in Downtown Baltimore U.S. District Judge Richard D. Bennett sentenced Lawrence A. Walker, age 64, of Baltimore, Maryland, today to 24 months in federal prison, followed by 6 months of home confinement, and 3 years of supervised release, for conspiracy to commit wire fraud and fraudulently obtaining more than $262,000 through the Paycheck Protection Program ("PPP"), intended to provide financial assistance to small businesses under the Coronavirus Aid, Relief, and Economic Security ("CARES") Act.  Judge Bennett also ordered that Walker must forfeit the cash seized during the search, a Mercedes-Benz, and pay a money judgment and restitution of $232,152. You have received this e-mail because you have asked to be notified of changes to the Offices of the United States Attorneys website. GovDelivery is providing this service on behalf of the Executive Office for United States Attorneys, Department of Justice, 950 Pennsylvania Ave., NW · Washington, DC 20530 · 202-514-2000 and may not use your subscription information for any other purposes. Manage your Subscriptions | Department of Justice Privacy Policy  | GovDelivery Privacy Policy Follow the Offices of the United States Attorneys on Twitter: @USAttorneys