Beyond the Breaking News

Rockford man sentenced to 3 years in prison for scheme to get $85,000 in PPP loans through fraud

Paycheck Protection Program News

Rockford man sentenced to 3 years in prison for scheme to get $85,000 in PPP loans through fraud
FraudTax Fraud

A Rockford man has been sentenced to three years in federal prison after admitting to defrauding the federal government out of more than $85,000 in COVID-19 relief funds, and to engaging in tax fraud.

A Rockford man has been sentenced to three years in federal prison after admitting to defrauding the federal government out of more than $85,000 in COVID-19 relief funds, and to engaging in tax fraud .

Absalom Hall, 37, pleaded guilty in December 2025 to one count each of wire fraud, false statements, and engaging in monetary transactions in property derived from specified unlawful activity, according to court records. Federal prosecutors said, in 2020 and 2021, Hall submitted multiple applications for Paycheck Protection Program loans containing false statements about his business, obtaining $85,401 in PPP loans through the Coronavirus Aid, Relief, and Economic Security Act.

PPP loans were government-backed loans designed to help small businesses survive the COVID-19 pandemic.

"Absalom Hall exploited a program designed to help Americans survive an unprecedented crisis," said Adam Jobes, Special Agent in Charge of IRS Criminal Investigation in Chicago. "At a time when families and small businesses were fighting to stay afloat, Hall chose greed over integrity and stole from a system built to provide relief and stability.

" Hall also admitted to falsely presenting himself as an approved federal tax preparer, preparing clients federal income tax returns through is business"Lootland Tax Prep," even though he did not have an IRS-issued preparer tax identification number, which is required to prepare tax returns for others for payment. Prosecutors said Hall did not report any of the income he got from that business on his individual tax returns in 2021 or 2022.

On Friday, U.S. District Judge Lindsay C. Jenkins sentenced Hall to three years in prison, and to pay an $85,401 penalty, as well as $30,866 in restitution to the IRS. Georgia woman who faked being pregnant teen sentenced to prisonPaul Caneiro sentenced to life in prison for murder of brother, brother's family in New JerseyChiefs WR Rashee Rice sentenced to 30 days in jail for probation violation

GooglePlease follow us on Google to support us
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

cbschicago /  🏆 546. in US

Fraud Tax Fraud

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘There Was Never Any Fraud’: Shakira Wins Tax Battle in Spain After More Than Eight Years‘There Was Never Any Fraud’: Shakira Wins Tax Battle in Spain After More Than Eight YearsShakira has won her tax battle in Spain after more than eight years: 'There was never any fraud.'
Read more »

Shakira Victory in Years-Long Tax Fraud CaseShakira Victory in Years-Long Tax Fraud CaseAfter spending more than eight years enduring public accusations and a destructive battle with the Spanish taxman, Shakira has won her final battle. The singer is celebrating her victory in a case that cost her millions and significantly impacted her mental and physical health.
Read more »

Shakira Victory in Years-Long Tax Fraud CaseShakira Victory in Years-Long Tax Fraud CaseAfter spending more than eight years enduring public accusations and a destructive battle with the Spanish taxman, Shakira has won her final battle. The singer is celebrating her victory in a case that cost her millions and significantly impacted her mental and physical health.
Read more »

Shakira Victory in Years-Long Tax Fraud CaseShakira Victory in Years-Long Tax Fraud CaseAfter spending more than eight years enduring public accusations and a destructive battle with the Spanish taxman, Shakira has won her final battle. The singer is celebrating her victory in a case that cost her millions and significantly impacted her mental and physical health.
Read more »



Render Time: 2026-07-13 13:10:28