Bakersfield man pleads guilty to stealing COVID relief money [The Bakersfield Californian] - Insurance News | InsuranceNewsNet

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October 10, 2023 Newswires
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Bakersfield man pleads guilty to stealing COVID relief money [The Bakersfield Californian]

Bakersfield Californian, The (CA)

Oct. 10—A Bakersfield man pleaded guilty Tuesday to stealing $163,750 in COVID-19 relief money set aside for small businesses.

Jaswinder Bhangoo, 50, falsely stated he owned businesses with several employees and substantial revenue when he applied for more than $250,000 in relief loans from the U.S. Small Business Administration between May 2020 and November 2021, according to a news release from the U.S. Attorney's Office, Eastern District of California.

It said Bhangoo stated he had not been convicted of a felony in the preceding five years — even though he had been found guilty of insurance fraud.

Bhangoo is set to be sentenced Feb. 20 by U.S. District Judge Ana de Alba. He faces a maximum statutory penalty of 10 years in prison and a fine of $250,000.

___

(c)2023 The Bakersfield Californian (Bakersfield, Calif.)

Visit The Bakersfield Californian (Bakersfield, Calif.) at www.bakersfield.com

Distributed by Tribune Content Agency, LLC.

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