Acton and Manchester Men Arrested for Fraud Involving Small Business Administration Disaster Funds
Acevedo allegedly coordinated co-conspirators’ receiving some of the debit cards associated with fraudulent bank accounts into which SBA funds were deposited, and assisted in laundering those funds by using the debit cards to purchase iPhones for re-sale. It is also alleged that Garcia and other co-conspirators wired a portion of the funds to the Dominican Republic.
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