DOJ: Georgia pastor used COVID loan on Mercedes-Benz
He received $149,000 in his account last year, and he used much of it on a Benz.
KINGSLAND, Georgia — A South Georgia pastor and tax preparer is heading to jail for wire fraud after spending the bulk of a fraudulently obtained COVID loan on a new car.
According to a press release, Mack Knight, 45, faces up to 20 years in prison, heavy financial penalties, several years of probation… and he had to give up the Benz.
Court documents say Knight applied for EIDL loans on behalf of Camden County businesses. Those loan applications indicated that Knight owned multiple businesses with hundreds of thousands of dollars in revenue before the pandemic.
He received $149,000 from the Small Business Administration, and he used most of it on a Mercedes-Benz S-Class sedan.
With his guilty plea, he admits that those loan applications were fraudulent and that he sent false records to the SBA, including tax documents and altered bank statements.
“COVID-19 disaster relief loans were issued by the government to help businesses struggling to survive during a pandemic, not to use them for personal pleasures like Knight used them,” said Philip Wislar. , Acting Special Agent in Charge of the FBI Atlanta.
Anyone with information about alleged attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) hotline at 866-720-5721.
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