After receiving the loan, he sold the pizza shop and used the money to purchase and upgrade a farm in Vermont and buy several alpacas, federal prosecutors have said.
A former Massachusetts pizza parlor owner has pleaded guilty to a scheme that netted him over $660,000 in federal coronavirus relief funds that he used in part to buy an alpaca farm in Vermont, prosecutors said Friday.. He pleaded guilty to four counts of wire fraud and three of money laundering on Thursday, according to the U.S. Attorney's Office for the District of Massachusetts.
The former owner of Rasta Pasta Pizzeria in Beverly, Massachusetts, also spent the COVID relief money buying two vehicles and air time for a radio show on cryptocurrency, prosecutors said. McIntyre, who lives in Grafton, Vermont, and formerly lived in Beverly and Essex, Massachusetts, applied for a COVID relief funding from the start of the pandemic, including the Paycheck Protection Program loan for more than $660,000, which was based on falsified information that qualified the pizza shop for more funding.Sign up for NECN newsletters.
After receiving the loan, he sold the pizza shop and used the money to purchase and upgrade a farm in Vermont and buy several alpacas, authorities have said. He also bought at least two vehicles — including a 1950 Hudson — and weekly airtime for the cryptocurrency-themed radio show that he hosted. Dana McIntyre, 57, of Grafton, Vermont, was arrested Tuesday and charged with wire fraud and money laundering, according to a statement from the U.S. attorney’s office in Boston.More on COVID fraud
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Build your dream pizza with as many toppings as you likePick your base, sauce and toppings - including pineapple (if you really have to)
Read more »
Shoppers swap fresh for frozen as food bills riseFrozen chicken, ready meals, pizza and chips are the most popular items, supermarket data shows.
Read more »
Frozen food beating fresh as shoppers seek savingsChicken, chips, pizza and ready meals are the most popular frozen items, supermarket data shows.
Read more »
'A real shame' for Nottingham shop as it announces closureNottingham City Council said the area 'remains a thriving home for creative and digital businesses in the city'
Read more »
West Bridgford: Man arrested after 18 cars and shop damagedAmong the vehicles targeted was a police car, which had its wing mirror knocked off.
Read more »