Arizona: Phoenix Cop Toni Richardson Arrested by FBI for Bilking 'Paycheck Protection' for $1.2 million

[Democide]

Phoenix Cop Arrested by FBI for Bilking 'Paycheck Protection' for $1.2 million

9 December 2021

A former Phoenix cop is accused of stealing $1,276,500 through a federal program meant to help struggling businesses survive the coronavirus pandemic. Officer Toni Richardson spent paycheck protection program money on personal expenses, according to a federal indictment filed on Wednesday. Because PPP loans are forgivable, they are, in effect, grants for qualifying expenses such as employee payroll. Richardson faces federal charges of conspiracy, bank fraud, and money laundering. She was arrested on December 1, and resigned from the force shortly thereafter, a police spokesperson said. In February, while she was still on the Phoenix police force, Richardson and her ...

Phoenix Cop Arrested by FBI for Bilking 'Paycheck Protection' for $1.2 million

A Phoenix cop took a $1.2 million paycheck protection program loan for an organization without any employees, the feds say.

www.phoenixnewtimes.com

 

[Democide]

Former Phoenix police officer charged with fraudulently obtaining over $1 million from PPP

9 December 2021

A former Phoenix Police Department officer has been arrested after allegedly fraudulently obtaining more than $1 million from the Paycheck Protection Program (PPP). According to court paperwork, Toni Richardson — a former police officer — and Willie Mitchell submitted a false PPP loan application to obtain money for their business, "The Lotto Club." In total, Richardson and Mitchell obtained $1,276,500 from the PPP for their business but allegedly used the money for personal expenses and transferred the money to personal banking accounts, court documents stated. Court paperwork states that Richardson was a 100% owner of the business and didn't have ...

Former Phoenix police officer charged with fraudulently obtaining over $1 million from PPP

A former Phoenix Police Department officer was arrested after allegedly fraudulently obtaining over $1 million in Paycheck Protection Program (PPP) loan money.

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