Florida Attorney $300K COVID Fraud

163
SHARE
Florida Attorney $300K COVID Fraud

In a dramatic turn of events, a federal jury in Georgia has delivered a guilty verdict to a Florida attorney, Shaquandra Woods, in a high-stakes case of defrauding a U.S. coronavirus pandemic relief program. The case, which reads like a thriller novel, centers around the alleged conspiracy to siphon off hundreds of thousands of dollars meant for struggling businesses during the pandemic’s darkest days.

Enter Email to View Articles

Loading...

Florida Attorney $300K COVID Fraud: A Scheme Unraveled

Woods, after a gripping four-day trial in the U.S. District Court for the Southern District of Georgia, was convicted of conspiracy to commit wire fraud. The storyline involves Woods collaborating with a Savannah-based attorney and another accomplice to craft and submit bogus applications for Economic Injury Disaster Loans. This conspiracy, cloaked in legal expertise and cunning, aimed to extract nearly $800,000 from relief funds earmarked for small business aid.

The CARES Act: A Beacon of Hope Exploited

The narrative takes a darker turn as it delves into the exploitation of the CARES Act. This act, a $6 billion lifeline enacted in 2020, was designed to support businesses and workers paralyzed by the pandemic’s economic havoc. Woods’ plot, however, diverted more than $300,000 from these funds for personal gain, highlighting a sinister abuse of a program meant to serve as an economic safety net.

Florida Attorney $300K COVID Fraud : A Trail of Fraudulent Acts

Further intrigue is added as the indictment reveals Woods, along with her co-conspirators, used fabricated incorporation dates and inflated annual revenues to apply for emergency loans. The plot involved nine fraudulent applications, complete with forged tax documents, weaving a web of deceit in their wake.

The Verdict and its Aftermath

The verdict now looms over Woods, who faces a potential sentence of up to 20 years in federal prison, a dramatic fall for the attorney, who remains a member in good standing with the State Bar of Georgia. The case stands as a stark reminder of the perils of greed and deception, particularly when exploiting funds meant for those in dire need during unprecedented times.

No Comment from Woods’ Camp

In a move that adds to the mystery, representatives for Woods have remained silent, offering no comment on the recent developments. The government’s case was presented by Jennifer G. Solari and Ryan C. Grover, representing a united front against pandemic fraud.