A Vermont man who pleaded to wire fraud and money laundering in April was sentenced to two years of jail time on Wednesday, August 30.
The Vermont Man Sold His Pizza Restaurant To Buy An Alpaca Farm To Start Anew
According to Vermont Public, the 59-year-old Dana McIntyre allegedly used pandemic relief funds under the Paycheck Protection Program (PPP) for his own personal expenses. The report said that federal prosecutors in Massachusetts claimed that the Vermont man, falsified some information regarding his employees and their salaries when he applied for the program to get away with more than six hundred thousand dollars. The Vermont man then sold his Rasta Pasta Pizzeria in Beverly in order to start anew by purchasing a farm and putting there eight Alpacas. With the huge amount, the Vermont man was also said to buy multiple vehicles, and airtime for his cryptocurrency radio show, prosecutors stated.
In an article from Yahoo! News, before the Vermont man’s recent deceitful act, he reportedly applied for multiple fraudulent PPP loans under his children’s names during the pandemic for fictitious businesses. Prosecutors had also suspected the Vermont man of extorting pandemic-related unemployment benefits of approximately seventeen thousand dollars. Meanwhile, U.S. Attorney Joshua Levy emphasized that the Vermont man must be held accountable for his selfish conduct as the money he stole is from the American taxpayers and many small businesses that needed the loans the most.
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The Vermont Man Will Serve Two Years Jail Time And Pay More Than His Extorted Money
As per the announcement of the Department of Justice on Wednesday, the Vermont man will be sentenced to two years in prison with a restitution of nearly six hundred eighty thousand dollars. The Vermont man admitted to wire fraud and money laundering in April.
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