Frank Mosely, 58, also worked as a tax enforcement officer for the city of Oakland.
OAKLAND – An East Bay man who once served as an Internal Revenue Service officer has been sentenced to a federal prison term for his role in a plot to fraudulently obtain more than $3 million in pandemic relief aid, according to authorities., which saw them obtain Paycheck Protection Program loan funds by filing documents on behalf of shell companies they and four others falsely certified had dozens of employees and hundreds of thousands of dollars in monthly payroll expenses, the U.S.
In August 2020, the brothers submitted a fraudulent loan application on behalf of Forward Thinking Investors Inc., an entity they controlled, the U.S. Attorney’s Office said. They received over $1 million in PPP funds, and Reginald Mosely thereafter recruited acquaintances who owned companies prior to the pandemic to follow suit.
In addition, Ellis admitted to obtaining nearly $300,000 in PPP funds and other relief aid in connection with an entity she lied about owning, according to authorities.
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