Current:Home > MarketsMan gets 2-year prison sentence in pandemic fraud case to buy alpaca farm -AssetTrainer
Man gets 2-year prison sentence in pandemic fraud case to buy alpaca farm
View
Date:2025-04-24 07:39:10
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! (85)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Iowa meteorologist Chris Gloninger quits 18-year career after death threat over climate coverage
- Q&A: A Law Professor Studies How Business is Making Climate Progress Where Government is Failing
- The first office for missing and murdered Black women and girls set for Minnesota
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Picking the 'right' sunscreen isn't as important as avoiding these 6 mistakes
- Afghan evacuee child with terminal illness dies while in federal U.S. custody
- New Study Projects Severe Water Shortages in the Colorado River Basin
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Kids housed in casino hotels? It's a workaround as U.S. sees decline in foster homes
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Taylor Swift Seemingly Shares What Led to Joe Alwyn Breakup in New Song “You’re Losing Me”
- Worst Case Climate Scenario Might Be (Slightly) Less Dire Than Thought
- National Eating Disorders Association phases out human helpline, pivots to chatbot
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Big City Mayors Around the World Want Green Stimulus Spending in the Aftermath of Covid-19
- Energy Department Suspends Funding for Texas Carbon Capture Project, Igniting Debate
- Gas stoves pollute homes with benzene, which is linked to cancer
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Sharon Stone Serves Up Sliver of Summer in Fierce Bikini Photo
Heart transplant recipient dies after being denied meds in jail; ACLU wants an inquiry
India's population passes 1.4 billion — and that's not a bad thing
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
The 33 Most Popular Amazon Items E! Readers Bought This Month
Another $1.2 Billion Substation? No Thanks, Says Utility, We’ll Find a Better Way
Pfizer warns of a looming penicillin supply shortage