Charleston man pleads guilty in $80K SBA fraud scheme
CHARLESTON, S.C. (WCBD) – A Charleston man entered a guilty plea after being accused of defrauding the Small Business Administration, the United States Attorney’s Office announced Friday.
According to the USAO, it was found that Antonio Brown-Sanders, 26, applied to the SBA to receive an Emergency Injury Disaster Loan (EIDL) with fraudulent information stating he owned a lawn care business.
“The application submitted by Brown-Sanders also falsely represented the number of employees and gross revenues for the fraudulent lawn care business,” a release stated.
Brown-Sanders was lent a total of $81,600.
Brown-Sanders’ guilty plea subjects him to a maximum of 20 years in federal prison and a $250,000 fine.