<p class=”mol-para-with-font”>A California man was arrested and ordered to be held without bond on Thursday for 메리트카지노 allegedly fraudulently obtaining some $9million in coronavirus relief funds which he used to gamble in Las Vegas.</p><p class=”mol-para-with-font”>Andrew Marnell, 40, of Los Angeles, allegedly submitted a number of fraudulent loan applications in relation to the coronavirus pandemic and obtained millions in Paycheck Protection Program (PPP) funds.</p><p class=”mol-para-with-font”>Marnell was arrested Thursday morning and faces a federal bank fraud charge after authorities determined that he had obtained the nearly $9million in PPP loans through applications ‘on behalf of different companies’ to insured financial institutions, as well as other organizations. </p><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> 
</div> <noscript> ![Authorities released this image of Andrew Marnell, 40, who they said gambled away hundreds of thousands of fraudulent PPP money in Las Vegas as recently as July 11]()
</noscript> </div> <p class=”imageCaption”>Authorities released this image of Andrew Marnell, 40, who they said gambled away hundreds of thousands of fraudulent PPP money in Las Vegas as recently as July 11</p></div><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img” style=”height: auto;”> <div class=”image-wrap”> </div> <noscript> ![The government said that the amount of PPP money he obtained, through applying to various banking institutions using aliases, could increase as the investigation continues]()
</noscript> </div> <p class=”imageCaption”>The government said that the amount of PPP money he obtained, through applying to various banking institutions using aliases, could increase as the investigation continues </p></div><div><div data-track-module=”am-related_carousel^related_carousel” data-track-selector=”.rotator-panels a:not([class*=external])” data-dm-rotator-rotate=”false” data-track-pos=”static” data-preferred-shared-network-enabled=”” data-dm-rotator-auto-init=”” id=”p-20″ class=”related-carousel with-fb-or-tw news half” data-dm-rotator-active-class=”active” data-dm-rotator-page-count=”1.0″ data-dm-social-article-auto-init=”” data-dm-rotator-page-size=”1″> <div class=”rotator bdrcc”> <div class=”rotator-title”> <h2>RELATED ARTICLES</h2> <ul class=”rotator-pages link-xocc”> <li class=”rotator-prev”>Previous
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</div> </div><p class=”mol-para-with-font”>According to a US Department of Justice , the affidavit supporting the government’s claim said that Marnell made several false and misleading statements about the companies’ business operations and payroll expenses when submitting the PPP loan applications. </p><p class=”mol-para-with-font”>He was also accused of having used aliases and submitting fake and altered documents such as bogus federal tax filings and employee payroll records when making the loan requests. </p><p class=”mol-para-with-font”>The US Department of Justice prosecutors said that the actual amount he fraudulently obtained could increase as their investigation continues. </p><p class=”mol-para-with-font”>Prosecutors said that after receiving the PPP loan money, Marnell transferred millions of it into his brokerage accounts, using it to make risky stock market bets. </p><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> </div> <noscript> ![Marnell was also shown sitting at a slot machine on July 11 in a surveillance video image]()
</noscript> </div> <p class=”imageCaption”>Marnell was also shown sitting at a slot machine on July 11 in a surveillance video image</p></div><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> </div> <noscript> ![Marnell was said to have gambled away a portion of the PPP money at the Bellagio Hotel & Casino (pictured), while also transferring millions into his brokerage accounts]()
</noscript> </div> <p class=”imageCaption”>Marnell was said to have gambled away a portion of the PPP money at the Bellagio Hotel & Casino (pictured), while also transferring millions into his brokerage accounts</p></div><p class=”mol-para-with-font”>He was also accused of having traveled to Las Vegas where he spent hundreds of thousands of dollars of the loan money while gambling at the Bellagio Hotel & Casino and other gambling establishments as recently as last weekend. </p><p class=”mol-para-with-font”>The DOJ tweeted out surveillance video images of Marnell, wearing a face mask, while seated at a casino table and slot machine on July 11. </p><p class=”mol-para-with-font”>When authorities went to Marnell’s pricey home in Los Angeles’ Beverly Grove neighborhood, they seized a Range Rover and two motorcycles which they said that he had bought with the PPP loan money, reported.</p><p class=”mol-para-with-font”>Agents also found banded, hundreds of thousands of dollars in cash in the toilet and ‘a large amount’ of methamphetamine in the trash, according to assistant US attorney Kerry Quinn told the news station. </p><p class=”mol-para-with-font”>The PPP loans were part of the unprecedented $2.2trillion CARES Act, which provided aid for millions of Americans suffering the economic effects of the pandemic.</p><p class=”mol-para-with-font”>The PPP money is meant to provide forgivable loans to small businesses to help with employee job retention,<span style=”font-size: 16px;”> payroll costs, interest on mortgages, rent and utilities if spent within a set time period of time. </span> </p><p class=”mol-para-with-font”>Authorities said Marnell, 바카라사이트 who is due back in court next Tuesday, faces up to 30 years in prison on the bank fraud charge.</p></div>
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