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Home » News » News » Lewiston Man Admits to Lying for $20k PPP Loan, Faces 20 Years in Prison: DOJ
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Lewiston Man Admits to Lying for $20k PPP Loan, Faces 20 Years in Prison: DOJ

Edward TomicBy Edward TomicOctober 1, 2024Updated:October 1, 20249 Comments2 Mins Read2K Views
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A Lewiston man pleaded guilty on Friday in a Bangor federal court to filing a fraudulent application to obtain an over $20,000 loan through a COVID-19 pandemic relief program, and now faces up to 20 years in prison.

[RELATED: Maine Man “motivated by sheer greed” Sentenced to 1.5 Years for Fraudulently Obtaining Over $1 Million in PPP Loans…]

Shahied Golden, 29, was accused of submitting a fraudulent application for a loan from the Paycheck Protection Program (PPP) in April 2021.

Prosecutors alleged that Golden listed a false gross income for 2020, and falsely claimed that the $20,833 in loan proceeds were needed to cover payroll for his alleged business.

To support the fraudulent claims, Golden further provided a fraudulent document that included a false statement of his gross income, and other fabricated financial figures, prosecutors said.

Federal spending records indicate that a $20,833 PPP loan was approved on May 2, 2021 for Shahied Golden, for a “transportation and warehousing” business.

[RELATED: DOJ COVID-19 Relief Fraud Task Force Has Seized $1.4 Billion in Stolen Funds, Charged Over 3,500: Report…]

According to the Maine U.S. Attorney’s Office, when Golden received the PPP loan proceeds, he moved the funds to his own personal bank account, quickly withdrew the funds, and spent the loan proceeds on non-business expenses.

After pleading guilty, Golden now faces up to 20 years in prison, to be followed by three years of supervised release and a $250,000 fine.

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Edward Tomic

Edward Tomic is a reporter for The Maine Wire based in Southern Maine. He grew up near Boston, Massachusetts and is a graduate of Boston University. He can be reached at [email protected]

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Gardiner Schneider
Gardiner Schneider
1 year ago

Why a stock picture of a Wooden Hammer, and no picture of the thief? Or would the picture of this fine Lewiston individual be considered politically incorrect in this now woke tending Maine Wire? Or would said picture give ICE the information they need to send him back to from whence he came, possibly Somalia?

6
Robert Manson
Robert Manson
1 year ago

Is Shahied a cousin of Jared ?
Or did he pull that name out of his turban when he crossed the border ?

5
Benny Weaver
Benny Weaver
1 year ago

This prohibits Shahied from running for Lewiston city manager …..maybe not !
I’m betting that this “ New Mainer “ gets some minimum token sentence and some “community service”:
He is a perfect candidate for helping other “ immigrants “ fill out their welfare application paperwork .
Just wait till twenty thousand illegals find out they can come to Maine and instantly get twelve weeks of paid leave EVERY year . “ We go move Mane “
You won’t be able to fire them because they are a protected species .
Maine …..The Way Life Should Be …..LMAO

3
Boxcar
Boxcar
1 year ago

Was it worth it???

1
sandy
sandy
1 year ago

Golden stole MY money. Lock him up.

2
Moms for FJM
Moms for FJM
1 year ago

Idiot. Everybody knows if you want to get away with it you gotta give half back to the democratic party + 25% to the big guy. 

0
French
French
1 year ago

where is the Photo of this so called “Lewiston” man

0
Andy K
Andy K
1 year ago

Wasn’t this clown arrested in 2019 for drug trafficking? Why doesn’t this article mention this and why wasn’t he in prison? This Democrat immigration policy is filling up our communities with low life creeps that are going to harm us. Get rid of them and bring America back to normalcy. Vote Republican across the board and make your liberal democrat neighbors know what you think.Maybe they can move out of our neighborhoods also so they can’t harm us by voting liberal anymore.

0
Ken Capron
Ken Capron
1 year ago

So now he gets decades of free meals and no work. Still living off taxpayers.
An eye for an eye – we need to return to effective punishment.

0
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