Robert Bearden, 49, of Chester Township, must pay $62,296.70 in restitution after he pleaded guilty to COVID-19 relief fraud.
Cliff Pinckard, cleveland.com
CLEVELAND, Ohio — A Chester Township man who developed a scheme to obtain $60,000 in coronavirus-relief funds was sentenced Thursday in federal court to one year in prison. U.S. District Judge Donald Nugent also ordered Robert Bearden, 49, to pay $62,296.70 in restitution after Bearden pleaded guilty to COVID-19 relief fraud, according to the U.S. Attorney’s Office for the Northern District of Ohio.
Prosecutors say that in July 2020, Bearden submitted three fraudulent Economic Injury Disaster Loans applications through the U.S. Small Business Administration online application portal. Bearden used false information about existing and non-existing businesses, and the name of third parties in return for a kickback of a portion of the funds received, prosecutors say.
Bearden also used the personal identifying information of persons interested in obtaining government pandemic assistance to submit loan applications on their behalf, but put the funds into his own account, including one of the three loans that was approved.
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