Article: Owner Of Carlisle Area Trucking Business Charged With Covid-Relief Fraud

Article - Media, Publications

Owner Of Carlisle Area Trucking Business Charged With Covid-Relief Fraud

Department of Justice, 04 June 2021

HARRISBURG- The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Keith McConnell, age 43, of Carlisle, Pennsylvania, was charged by criminal information with perpetrating a wire fraud and money laundering scheme that sought $467,200.00 in COVID-19 relief funds guaranteed by the U.S. Small Business Administration through the Paycheck Protection Program (PPP).

The PPP was designed to help small businesses facing financial difficulties during the COVID-19 pandemic. Funded by the March 27, 2020 Coronavirus Aid, Relief and Economic Security (CARES) Act, PPP funds were offered in forgivable loans to small businesses for employee job retention and certain other expenses. PPP loan amounts were determined by the number of employees and average monthly payroll costs. Continue reading “Article: Owner Of Carlisle Area Trucking Business Charged With Covid-Relief Fraud”

Article: Insider trading case targets big donor

Article - Media, Publications

Insider trading case targets big donor

Steven A. Cohen, the multibillionaire hedge fund owner implicated in an insider-trading scandal, is a major political donor who has contributed heavily to big players in both parties.

Cohen and his wife, Alexandra, have donated more than $450,000 to the campaign committees and leadership PACs of Senate Majority Leader Harry Reid (D-Nev.), Senate Minority Leader Mitch McConnell (R-Ky.), House Majority Leader Eric Cantor (R-Va.) and other key lawmakers during the past several election cycles, Federal Election Commission records show.

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