Financial Fraud News Update

Offices of the United States Attorneys

You are subscribed to Financial Fraud news updates. This information has recently been updated, and is now available. Rochester man pleads guilty to his role in financial fraud scheme involving stolen checks 11/25/2025 07:00 AM EST U.S. Attorney Michael DiGiacomo announced today that Sheldon Marquis Adams, 26, of Rochester, NY, pleaded guilty before Chief U.S. District Judge Elizabeth A. Wolford to conspiracy to commit bank fraud, which carries a maximum penalty of 30 years in prison and a $250,000 fine.  Utah Businessman Sentenced to Prison for Defrauding the COVID-19 Paycheck Protection Program Out of $437,230 11/25/2025 07:00 AM EST SALT LAKE CITY, Utah – Troy Campbell, 57, of Taylorsville, Utah, was sentenced today to 18 months' imprisonment for wire fraud and money laundering after he engaged in a scheme to defraud the Paycheck Protection Program and the Small Business Administration by unlawfully submitting and obtaining $437,230 in Paycheck Protection Program (PPP) Loan proceeds.

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