The Secaucus Police Department arrested three people for fraudulently obtaining a $10,000 COVID-19 relief loan by registering via fictional business information, Chief Dennis Miller said.
By John Heinis/Hudson County View
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 loan administration (SBA), Miller said in a statement.
They applied for the loans using fictional business information, ranging from agricultural companies to a marketing company. The three loans were requested in the amounts of $10,000, $10,00 and $9,000, respectively.
One of the three loans was approved under the false pretense created by Rodriquez and Sedell.
Collectively, they received $10,000 from funds that were intended to assist legitimate small businesses in their relief from the economic hardship they suffered as a result of the COVID-19 pandemic.
Rodriquez is also charged with 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 this money to one another through various online cash applications.
All three were arrested earlier today.
“I applaud Detective Aniello Schaffer for his determination in following up on what initially was received as a ‘tip’ on our tip line and bringing these three defendants to justice,” Chief Dennis Miller said.
“It is very unfortunate that even during a pandemic, criminals will find a way to commit nefarious acts. I also want 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 records, theft by deception, two counts of criminal attempt to commit theft by deception, and conspiracy to commit theft by deception. He was remanded to the Hudson County Correctional Facility.
Sedell and Brower were each charged with conspiracy to commit theft by deception and money laundering. They were both charged and released pending their appearance in court.
Tips can be made by calling (201)330-2049, emailing email@example.com or submitting anonymously through the department’s website at www.secaucuspolice.org.