The Secaucus Police Department has arrested three people for fraudulently obtaining a $ 10,000 COVID-19 relief loan by registering through fictitious business information, Chief Dennis Miller said.
By John Heinis / Hudson County See
Last year Adam Rodriguez, 22, of Clifton, and Madison Sedell, 19, of Secaucus, fraudulently applied for three separate loans on behalf of EIDG loans through the Small Business Loans Administration (SBA ), Miller said in a statement.
They applied for the loans using fictitious business information ranging from farm businesses to a marketing company. The three loans were requested for amounts of $ 10,000, $ 10,000 and $ 9,000, respectively.
One of the three loans was approved under the false pretext created by Rodriquez and Sedell.
Collectively, they received $ 10,000 in funds intended to help legitimate small businesses alleviate the economic hardships they have suffered as a result of the COVID-19 pandemic.
Rodriquez is also accused of forging a check belonging to Clean Eats, LLC in the amount of $ 1,900. It was later revealed that Jadyn Brower, 19, of Secaucus conspired with Rodriquez and Sedell to ‘launder’ money by transferring some of that money between them through various online money apps.
All three were arrested earlier today.
“I commend Detective Aniello Schaffer for his determination to follow through on what was initially received as a ‘tip’ on our whistleblowing line and to bring these three defendants to justice,” said Chief Dennis Miller.
“It is very unfortunate that even during a pandemic criminals find a way to do bad things. I would also like to thank Homeland Security Investigations, HSI, Newark Division, for their assistance in this investigation. “
Rodriguez is charged with forgery, money laundering, three counts of falsifying documents, theft by deception, two counts of attempted criminal theft by deception and conspiracy to commit theft by deception. He was referred to the Hudson County Correctional Facility.
Sedell and Brower have each been charged with conspiracy to commit theft by deception and money laundering. They were both charged and released pending their appearance in court.