People are openly bragging about scamming for PPP because "jails can't arrest everybody"

[Thavoiceofthevoiceless]

What happened to that one dude @Kairi Irving or some shyt

Dude said the FBI knocked on his door and then he got banned

Was posting all his escapades on what he had bought cars and shyt

Dude prolly sitting in the feds rn

How he did he manage to dodge the ether that @don_diego is/was getting

 

[King]

They’re going to get every last one of these PPP fraud cases.

Agreed, everyone is getting charged - but the majority of em not are going to a federal prison. Politically, that's not the move I see the Feds taking because of who's in office rn.

joe biden been mass incarcerating for decades upon decades what the fukk are you talkin about

It's politics, the context was way diff. I explained that in one of my earlier posts. They gotta save face, no need to mass incarcerate when you can make way more money garnishing wages/taxes. Building more federal prisons at this point ain't a good look. They have elections to worry about now.

 

[You Win Perfect]

I’m really interested in how they’ll handle this, especially with conspiracy. They definitely have the ability to make capacity for all of those who committed fraud. All of them.

But on the flip side it would look HORRIBLE for the Biden administration to crack down on it like that. I honestly feel they’ll work something out with the IRS and start taking money out of people’s checks, claiming earnings, until they pay back what they owe. A huge financial penalization will have to be put in place.

If you think about it - how many people did they put away for tax fraud over the years?

The million dollar offenders are going down unless they’re CACs with connections.

joe biden been mass incarcerating for decades upon decades what the fukk are you talkin about he loves lockin people up, more specifically black people

 

[Thavoiceofthevoiceless]

I would really like to sit down with these nikkas and ask them why they think it was a good idea to attempt to scam the US GOVERNMENT, an entity that has near-infinite resources to track/prosecute you

My cousin who did the PPP scam along with her child and boyfriend used the excuse that white people scam the government all the time when my moms asked her about it

 

[Guile]

@Don Diego

 

[BaviKingVA]

don't ever for a damn second doubt the feds. they can lock a million mfs up w/o breakin a sweat, all they need is prep time like Batman

 

[desjardins]

UI is done on a state level..they don’t have the time nor resources to prosecute and lock up en masse, they rather put points on the amount you took and make a profit back on the money. If you don’t pay back then yeah, you’re going to jail.

Federal money is an entirely different monster..you’re talking off just one charge of wire fraud putting you down for 20 years and because that money is tied to a national emergency such as this pandemic, that 20 years goes up to 30 years plus restitution.

I hear you but the idea of 100s of 1000s of people going to federal prison behind this just sounds too unlikely
Isn't the IRS federal too? As long as you agree to a payment plan you can avoid jail with them , something similar is going have to happen here

 

[Thavoiceofthevoiceless]

The actual worst part about the PPP program is that they were denying real businesses who had authentic paperwork and daughters, but were letting all of the fraud ones through

A dude told me that he has a 20 year business and got denied for the PPP loan all because he owed a year worth of back taxes that he never even knew about.

 

[The M.I.C.]

Agreed, everyone is getting charged - but the majority of em not are going to a federal prison. Politically, that's not the move I see the Feds taking because of who's in office rn.

Considering the fight that’s building on Capitol Hill about money for all these programs Biden is attempting to put in pay and how unpopular his tax and spend plan is..don’t rest on that. Plus the Feds work autonomously and the cases they’re putting down on nikkas has been ongoing since Biden came in..they’re not letting people get away with these charges out the gate: bank fraud, wire fraud, lying to a federally insured banking institution and money laundering as charges.

 

[Tribal Outkast]

You don’t have to go to jail. Good luck keeping your whole check though. You’re literally going to be working for somebody else lol

 

[King]

Considering the fight that’s building on Capitol Hill about money for all these programs Biden is attempting to put in pay and how unpopular his tax and spend plan is..don’t rest on that. Plus the Feds work autonomously and the cases they’re putting down on nikkas has been ongoing since Biden came in..they’re not letting people get away with these charges out the gate: bank fraud, wire fraud, lying to a federally insured banking institution and money laundering as charges.

Didn't consider that

The current DOJ Director is a hardcore law and order Republican. But I still think there will be serious pressure from the Biden admin if they try to really hammer down every individual case. I presume literal millions of people committed fraud - especially politicians like Trump (who I doubt will ever get charged).

But then again, that opens up the lane for the FBI to go extra hard on poor black people exclusively because they're easy targets and it helps em justify funding. Not to mention that it covers the backs of all the politicians who defrauded the gov.

And they got a full deck with all of those federal judges Trump stacked in, I wouldn't be surprised if they could process thousands of charges a day on full swing. But this still rests on the presumption that literally millions of people committed fraud. Interesting ballgame here

 

[DaddyFresh]

Nah no one walks, government will just garnish your tax return plus interest

unless you getting paid under the table the government will always have access to your funds

I think he meant no prison time. But yes majority will face consequences

 

[The M.I.C.]

I hear you but the idea of 100s of 1000s of people going to federal prison behind this just sounds too unlikely
Isn't the IRS federal too? As long as you agree to a payment plan you can avoid jail with them , something similar is going have to happen here

IRS enforces tax laws; it’s primary duty is the collection of taxes for the US government. They have nothing to do with folks once you cross that threshold into FBI land regarding these loans..only thing the banks check for with the IRS is any delinquency in paying back taxes and verifying EIN info when you go for a PPP loan.

Once you get the money..that’s falls to the FBI and the US Attorney’s office and they’re usually not inclined to let folks off scot free for fraud that involves federal dollars. Might trim down the number of years substantially and put you in a low level FCI or camp..but you giving up some years of your life and you’re coming out owing a whole lot of money if they can’t get it off the shyt you bought with their money.

 

[The Burger King]

What happened to that one dude @Kairi Irving or some shyt

Dude said the FBI knocked on his door and then he got banned

Was posting all his escapades on what he had bought cars and shyt

Dude prolly sitting in the feds rn

You got a link to this?

 

[BrothaZay]

I got FEMA money in 2005 following hurricane Katrina, they caught up with me in 2016 and garnished every one of my paychecks until they recovered every penny. I can't imagine if I owed a ridiculous amount of money