Man gets over 3 years in prison for $13 million COVID-19 fraud | Massachusetts News

BOSTON (AP) — A Massachusetts businessman convicted of fraudulently soliciting more than $13 million in federal coronavirus pandemic relief loans has been sentenced to more than three years in prison.

Elijah Majak Buoi, 40, of Winchester, was also sentenced to three years on probation and ordered to pay $2 million restitution and $2 million forfeiture by a federal court judge in Boston on Thursday.

Buoi was found guilty by a jury of four counts of wire fraud and one count of misrepresentation to a financial institution in February.

Prosecutors said Buoi submitted six loan applications through the Paycheck Protection Program, but misrepresented the number of employees and payroll expenses at his startup, Sosuda Tech.

He also submitted fraudulent tax forms to the IRS to back up his claims and was able to secure a $2 million loan before being arrested in June 2020.

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Buoi’s attorney did not respond to an email seeking comment on Friday, but said after the February trial that his client was misled by a bank loan officer and made an “error of good faith.” faith” by completing the tax forms.

The loan program was part of the Coronavirus Aid, Relief and Economic Security, or CARES, Act which allowed small businesses and other eligible organizations to receive forgivable loans to cover payroll, mortgages, rent and utilities. .

Prosecutors also said Friday that another Massachusetts resident was sentenced to nearly three years in prison for his involvement in a separate set of pandemic-related relief programs.

William Cordor, 27, from Leicester, was ordered to pay $8,000 in restitution by a judge at Worcester Federal Court on Thursday.

Cordor pleaded guilty last year to one count of conspiracy to commit wire fraud, four counts of wire fraud and four counts of aggravated impersonation.

Prosecutors say Cordor attempted to file numerous false claims for unemployment in Nevada using stolen identities and fraudulently obtained COVID-19 loans from the US Small Business Administration.

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