Austin St. John, 47, McKinney, TX, is one in every of 18 folks charged in a Paycheck Safety Plan (PPP) fraud scheme that allegedly concerned 16 loans and $3.5 million.
St. John is finest often known as the unique Crimson Energy Ranger within the Mighty Morphin Energy Rangers tv sequence. The sequence launched in 1993.
Former Mighty Morphin Energy Ranger Austin St. John Charged with PPP Mortgage Fraud
St. John was one of many authentic Energy Rangers. He performed the fictional character Jason Lee Scott, because the Crimson Energy Ranger often known as Tyrannosaurus. Tyrannosaurus was the chief of the group and will wield the mighty Energy Sword.
The Energy Sword was solely utilized in one episode. It’s ironic now – the episode was referred to as The Inexperienced Dream.
St. John left the Energy Rangers franchise after just a few seasons, citing a contract dispute.
In an announcement from St. John’s representatives, they are saying: “Austin St. John is a father, husband, position mannequin, and buddy to many. The indictment detailed right now is populated by a mess of people—nearly all of which Austin has no information of, and has by no means met or interacted with. It’s our understanding that Austin put his religion, status, and funds within the palms of third events whose targets have been self-centered and in the end manipulated and betrayed his belief. We count on Austin’s authorized staff to efficiently defend towards these expenses and result in his final exoneration.”
The PPP Inexperienced Dream Fraud Scheme
St. John (his authorized title is Jason Lawrence Geiger) was among the many 18 indicted Could 12 within the federal japanese district of Texas, US Attorneys workplace. He and the others are charged with federal wire fraud. If discovered responsible he might withstand 20 years in federal jail. He has pleaded Not Responsible.
In line with the press launch issued by the US Attorneys workplace, the group had two ringleaders, Michael “Tank” Hill, 47, Mineral Wells, TX, and Andrew Moran, 43, Lewisville. Hill and Moran assisted the others in PPP utility paperwork, together with the creation of fictitious companies and the forgery of supporting documentation.
In change for the help, a portion of the monies obtained by the people was transferred to Hill and Moran, or into the people’ private accounts. In some situations, monies have been funneled to a different member of the 18, Jonathan Spencer, 33, Rowlett, Texas. Spencer allegedly invested the cash in international change markets.
All 18 will seem earlier than a Federal Justice of the Peace of the Japanese District of Texas. A listening to has not but been scheduled.
Stories of PPP Fraud and Different Covid Aid Fraud
It might be years earlier than investigations into the extent of Covid Aid fraud are full. By some estimates, the PPP fraud might be as excessive as $80 billion, or about 10% of the PPPs $800 billion.
Unemployment fraud estimates vary from $90 billion to $400 billion, from the $900 billion Covid unemployment reduction program. Add one other potential $80 billion from the Financial Impression Catastrophe Mortgage program.
Get the most recent headlines from Small Enterprise Traits. Observe us on Google Information.
Extra in: PPP Loans