USA v. Sean Eric Thompson

Sean Eric Thompson was sentenced to four years in prison after previously pleading guilty in federal court to five counts of wire fraud, three counts of making a false statement, six counts of money laundering, and three counts of bankruptcy fraud in connection with a scheme to defraud the Small Business Administration and the United States Bankruptcy Court for the Northern District of Florida. According to the DOJ, Thompson electronically submitted a fraudulent Restaurant Revitalization Fund (RRF) application and supporting documents to the Small Business Administration (SBA). The application and supporting documents electronically submitted by Thompson falsely stated that the business had sustained $1,128,233 in COVID-19 related losses, and on May 25, 2021, the SBA paid $1,128,233 in RRF funds into an account designated by Thompson. Thompson then spent the RRF funds on personal expenses, including transferring substantial funds to his personal investment account. The petition and schedules submitted by Thompson contained a number of materially false statements and omissions, including failing to disclose the RRF funds and Thompson’s interest in a second, unrelated business.

Summary generated from official Department of Justice press release