Current:Home > FinanceMan gets 2-year prison sentence in pandemic fraud case to buy alpaca farm-LoTradeCoin
Man gets 2-year prison sentence in pandemic fraud case to buy alpaca farm
View Date:2024-12-24 01:06:10
BOSTON (AP) — A former pizzeria owner has been sentenced to two years in prison for using over $660,000 in fraudulently obtained pandemic relief funds to buy an alpaca farm.
In 2020, Dana McIntyre, 59, of Grafton, Vermont, submitted a fraudulent application for a Paycheck Protection Program loan, prosecutors said. He inflated information about the pizzeria’s employees and payroll expenses and falsified a tax form to try to qualify the business for a larger loan amount.
After receiving the loan, McIntyre, formerly of Massachusetts, sold his pizzeria and used nearly all of the money to buy an alpaca farm in Vermont and eight alpacas, the U.S. attorney’s office in Boston said. He also paid for two vehicles and weekly airtime for a cryptocurrency-themed radio show that he hosted, prosecutors said.
He was arrested in 2021.
“Dana McIntyre capitalized on a national catastrophe and stole hundreds of thousands of dollars from a limited pool of money set aside to help struggling businesses, to buy a farm, stock it with alpacas, and make a fresh start for himself in Vermont,” Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division, said in a statement.
During his sentencing Wednesday, McIntyre also was ordered to pay the money back. He pleaded guilty in April to four counts of wire fraud and three counts of money laundering.
His lawyers had asked for a one-year prison sentence.
In his sentencing memorandum, they said McIntyre was a single father of two children whose pizzeria was barely profitable before the pandemic, and that he became susceptible to the fear and uncertainty of the times.
veryGood! (46168)
Related
- Kentucky gets early signature win at Champions Classic against Duke | Opinion
- Pence, Trump attorney clash over what Trump told his VP ahead of Jan. 6, 2021
- What's next for Simone Biles? After dominant return, 2024 Paris Olympics beckon
- A simpler FAFSA is coming for the 2024-25 school year. Here's what to expect.
- Mike Tomlin's widely questioned QB switch to Russell Wilson has quieted Steelers' critics
- Why did MLB's most expensive team flop? New York Mets 'didn't have that magic'
- WWE SummerSlam takeaways: Tribal Combat has odd twist, Iyo Sky and Damage CTRL on top
- Lucas Glover overcomes yips to win 2023 Wyndham Championship on PGA Tour
- COINIXIAI Introduce
- Jamie Foxx apologizes after post interpreted as antisemitic: 'That was never my intent'
Ranking
- Tua Tagovailoa tackle: Dolphins QB laughs off taking knee to head vs. Rams on 'MNF'
- Officials approve $990K settlement with utility in 2019 blast that leveled home, injured 5
- US Coast Guard rescues boater off Florida coast after he went missing for nearly 2 days
- Usher Weighs In On Debate Over Keke Palmer's Concert Appearance After Her Boyfriend's Critical Comments
- Pistons' Tim Hardaway Jr. leaves in wheelchair after banging head on court
- Man whose body was found in a barrel in Malibu had been shot in the head, coroner says
- Usher Weighs In On Debate Over Keke Palmer's Concert Appearance After Her Boyfriend's Critical Comments
- Angus Cloud's Mom Insists Euphoria Actor Did Not Intend to End His Life
Recommendation
-
Early Week 11 fantasy football rankings: 30 risers and fallers
-
China, Russia send warships near Alaska; US responds with Navy destroyers
-
USWNT humbled by Sweden, again. Epic World Cup failure ends with penalty shootout
-
Messi sparkles again on free kick with tying goal, Inter Miami beats FC Dallas in shootout
-
What is ‘Doge’? Explaining the meme and cryptocurrency after Elon Musk's appointment to D.O.G.E.
-
That's Billionaire 'Barbie' to you: The biggest movie of summer hits $1B at box office
-
Angus Cloud's Mom Insists Euphoria Actor Did Not Intend to End His Life
-
Three Stories From A Very Hot July