One charged and another sent to prison in pandemic fraud cases in Buffalo - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Regulation News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Regulation News RSS Get our newsletter
Order Prints
August 22, 2022 Regulation News
Share
Share
Post
Email

One charged and another sent to prison in pandemic fraud cases in Buffalo

Buffalo News (NY)
Aug. 21—Prosecutions over pandemic aid continue to wind their way through federal court.

Brian Avery Smith, 49, of Buffalo, appeared Thursday in U.S. District Court in Buffalo on a criminal complaint accusing him of wire fraud totaling nearly $120,000.

In the complaint against Smith, FBI special agent Sean J. Kelley said Smith sent two fraudulent Paycheck Protection Loan applications and one Economic Injury Disaster Loan application, on behalf of B Smith and Cos., to the Small Business Administration and SBA lenders. The complaint alleges he spent proceeds of the the Covid-19 relief loans — required to be spent on specific business-related expenses — toward another business he owned, Allentown Cafe, as well as personal purchases at adult entertainment clubs in Georgia, restaurants, clothing stores and hotels.

Federal Magistrate Judge Michael J. Roemer released him with conditions. Smith, who has been convicted at least two other times on fraud charges, is scheduled to return to court Nov. 16.

In a separate case, Shaneesha White, a 32-year-old from Buffalo, was sentenced Thursday to 41 months in prison and must pay $48,833 in restitution to the New York State Department of Labor. White pleaded guilty in September to charges of wire fraud connected to benefits received during a presidential-declared emergency. She was sentenced by U.S. District Judge Lawrence J. Vilardo, according to a release from the U.S. Attorney's Office.

The investigation into B Smith and Cos. found inaccurate revenues and employee counts intentionally reported on the EIDL and PPP applications to qualify for the aid, according to court papers.

The criminal complaint detailed two of Smith's past infractions: a 2010 wire fraud conviction in Missouri that led to five years of probation and a 2012 wire and bank fraud conviction in Western New York for which he was sentenced to 63 months in prison. The complaint said that Smith was released from prison in 2017, but he then violated his supervised release and was sentenced to another nine months in prison.

White's sentencing followed a conviction for applying for and receiving unemployment insurance benefits falsely and fraudulently under her own name and joining others in fraudulently using the personal information of two other individuals to create accounts and receive unemployment insurance between June 2020 and February 2021. Assistant U.S. Attorney Kyle P. Rossi handled White's case, according to the news release.

The CARES Act, the March 2020 federal law White was convicted of defrauding, was intended to provide emergency financial help to Americans feeling the effects of the Covid-19 pandemic.

___

(c)2022 The Buffalo News (Buffalo, N.Y.)

Visit The Buffalo News (Buffalo, N.Y.) at www.buffalonews.com

Distributed by Tribune Content Agency, LLC.

Older

Florida man sentenced to 10 years in prison for investment scheme

Newer

Mississippi man convicted of stealing $6M in Payroll Protection Program funds

Advisor News

  • What to discuss during the first retirement planning meeting
  • Inflation, competing priorities and uncertainty erode retirement security
  • As health premiums rise, 1 in 8 workers cut retirement savings
  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
More Advisor News

Annuity News

  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • How flexible annuities fit today’s retirement portfolios
  • Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity News

Health/Employee Benefits News

  • Kenai renews employee health coverage despite $792K jump in costs
  • Healthcare navigator: More people are dropping insurance or choosing higher-deductible plans
  • UnitedHealth Group Incorporated Trademark Application for “HPN” Filed: UnitedHealth Group Incorporated
  • Studies from American Cancer Society Reveal New Findings on Colon Cancer (Effects of private health insurance coverage gains on colorectal cancer outcomes: a modeling study): Oncology – Colon Cancer
  • New Managed Care Findings Has Been Reported by Investigators at Harvard University (Authors’ Reply To the Discussion of ‘balanced and Robust Randomized Treatment Assignments: the Finite Selection Model for the Health Insurance Experiment and …): Managed Care
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
  • FINANCIAL FRAUD
  • Security Benefit Announces Planned Dividend Rate Reset for Series B Preferred Stock
  • Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
  • Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.