Newtown Man Pleads to Defrauding COVID Programs

Newtown man pleads to defrauding COVID programs

A Newtown man is facing up to 230 years in federal prison after pleading guilty to defrauding government assistance programs associated with the COVID-19 pandemic. Zaven Yeghiazaryan, 44, also faces a potential $3.25 million fine and restitution of $334,905 at sentencing, set for Sept. 4 before U.S. District Judge Gerald J. Pappert, of the U.S. District Court for the Eastern District of Pennsylvania. According to a release from U.S. Attorney Dav…

Feds Charge Atlanta Man for Allegedly Applying for Over $3,390,000 in Fraudulent Small Business Loans During COVID - The Daily Hodl

US authorities arrested an Atlanta man this week on charges related to his alleged connection to a COVID-19 relief loan application fraud ring. The Department of Justice (DOJ) alleges that Ian Patrick Jackson, 37, conspired with another Atlanta man to recruit at least nine business owners to submit fraudulent Paycheck Protection Program (PPP) loan applications using fake tax documents. Jackson allegedly told the business owners to falsely claim …

Pandemic Relief Betrayed: Newtown Man Admits to Multi-Million Fraud

PHILADELPHIA, PA — Zaven Yeghiazaryan, 44, of Newtown, Pennsylvania, pleaded guilty to 13 federal charges on Tuesday, including conspiracy, health care fraud, wire fraud, and money laundering. The plea, entered before U.S. District Judge Gerald J. Pappert, exposes Yeghiazaryan to a maximum sentence of 230 years in prison, plus significant financial penalties. Sentencing is set for September 4, 2025. Yeghiazaryan admitted to orchestrating a serie…