Dec 20 2021

Santa Clarita man pleads bad to scam in $655,000 COVID-19 financial help design

Santa Clarita man pleads bad to scam in $655,000 COVID-19 financial help design

LOS ANGELES — A Santa Clarita guy pleaded responsible Tuesday to a national fraud cost for obtaining $655,000 in income shelter regimen loans by distributing phony taxation documents and staff member ideas.

Raymond Magana, 39, pleaded responsible, via Zoom, to one number of fraudulence relating to major catastrophe or emergency positive, according to research by the U.S. Attorney’s company.

U.S. District Judge Stanley Blumenfeld Jr. put a will 11 sentencing hearing in L. A. federal judge.

online payday loan Arizona

Magana accepted to using fraud to get $655,000 in PPP financial loans.

Final period, co-defendant Steven R. Goldstein, 36, of Northridge, pleaded bad on the same charge. Blumenfeld arranged a March 30 sentencing hearing for Goldstein.

Prosecutors say the defendants sent applications for over five individual PPP loans totaling more than $2.5 million from numerous banking institutions.

The PPP mortgage regimen premiered at the outset of the COVID-19 pandemic and was created permitting entrepreneurs to keep staff members to their payroll.

Relating Articles

Have the newest news provided every day!


Former Rams practice group RB Otis Anderson Jr. chance and killed

LA region Sheriff’s office shuns COVID-19 evaluating provider over Asia links

Sentencing arranged for group associate which shot two Whittier officials, eliminating one, after destroying another man

Jacqueline Avant, spouse of Rock & Roll hall-of-famer, killed in Beverly mountains house invasion

Lancaster lady found guilty in 1997 slaying of sweetheart

Lancaster pops faced with killing their 4 small children, mother-in-law

William S. Hart college section exploring punches cast that quit Valencia and Saugus boys baseball online game

Angels GM Perry Minasian feels he added results with 4 pitchers finalized before lockout

Panorama town man accused of tasing policeman at Capitol riot desires confession tossed

Girl walks onto LAX tarmac, attempts to avoid flat from departing after lost this lady boarding

Town Information Service

Get in on the Conversation

We ask one need our very own commenting platform to engage in informative conversations about problem within our people. Although we really do not pre-screen remarks, we reserve the right all the time to remove any information or stuff which can be unlawful, intimidating, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or elsewhere objectionable to us, in order to disclose any records required to fulfill the legislation, legislation, or government request. We might permanently stop any user who abuses these circumstances.

I have had these a great experience working with every person at Shamrock. With another kids on the road, the pressure ended up being onto bring our very own residence. Shamrock made me feel it absolutely was as much of important to them as it were to myself. They held me upgraded and made sure I had a good understanding of every step with the procedure. I’m so passionate to obtain ourselves and our very own girls to their house! Thank you really for making this type of a challenging processes an incredible enjoy!

Aubrey from Cranston, RI

Shamrock Home Loans gets the best, many receptive workforce I have previously dealt with. Everybody whom attained out to me had been accurate on what they required and had anything registered very early, cleaning me a couple weeks beforehand. They’d my personal back once again every step from the ways and always responded questions I experienced. If you find yourself a first and initial time residence purchaser or would like to get approved for another household, here is the spot you should deal with because they is going to make what you would like occur!

Cooperating with Shamrock mortgage loans has-been a great experiences for us. Right away of one’s home buying procedure into the end got this type of a breeze. Many people are well-informed, courteous, as well as their reaction time for you questions I asked is impressive. We recommend them to every person! I also are employed in the insurance coverage market and each and every client of mine with which has put Shamrock’s solutions always have got a delightful experience!

Whenever any person spoke for me, they treated me very nearly as a friend. We thought exceedingly safe asking any concern I had. I became stressed initially since I have got woeful credit, nonetheless they examined in on myself each step in the way. They actually recalled a number of the items happening during my personal lifetime. Really, I can’t say sufficient just how happier i’m. Thank you!

AMAZING company! I put Shamrock for a house finishing and a refinance, and both era I experienced the dreadful lbs of a home closing completely lifted off my personal arms. The staff is incredibly efficient, experienced and enjoyable to utilize. The group will make the complete process from begin to conclude very smooth, and can’t hold off to partner with them once more. Recommend, 5+ stars!

Support | instant online payday loans


Location Hours
Monday8:00am – 6:00pm
Tuesday8:00am – 6:00pm
Wednesday8:00am – 6:00pm
Thursday8:00am – 6:00pm
Friday8:00am – 6:00pm
Saturday8:00am – 1:00pm

Only open the first Saturday every month.

In the News