BANGOR — A Lewiston man was sentenced Wednesday for filing a fraudulent application for a loan from a COVID-19 pandemic relief program, the U.S. Attorney’s Office District of Maine said in a news release.
Shahied Golden, 30, was sentenced in U.S. District Court in Bangor to 12 months and one day in prison to be followed by three years of supervised release, the statement said. He was also ordered to pay $24,090.82 in restitution.
Golden pleaded guilty Sept. 27, 2024. The sentence will be served consecutively to Golden’s 27-month state prison sentence for illegal possession of a firearm and a state probation violation.
Golden filed a fraudulent loan application to the Paycheck Protection Program in April 2021 and received about $20,833, the release said. The application listed a false gross income for 2020 and falsely stated the loan proceeds were needed to make payroll payments for his alleged business.
Golden also submitted a fraudulent document in support of his application, which falsely stated his gross income, among other things. Golden had the funds deposited into his personal bank account, quickly withdrew the funds, and did not use the PPP proceeds for approved expenses, the release said.
Homeland Security Investigations investigated the case.
The PPP was a COVID-19 pandemic relief program administered by the Small Business Administration that provided forgivable loans to small businesses for job retention and certain other expenses.
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