Brandi McCoy, a 48-year-old resident of York County, has been sentenced to 15 months in federal prison. The sentence comes after her involvement in a conspiracy to make false statements to a bank was revealed.
Investigations showed that McCoy operated a daycare in South Carolina and conspired with others between June 2020 and April 2022. They made false statements to banks to secure loans under the Paycheck Protection Program and sought loan forgiveness by submitting further falsified information. These misstatements included inflated figures about the daycare's staff size, salaries paid, and expenses incurred. This led to over $1 million in loans being approved.
United States District Senior Court Judge Joseph F. Anderson, Jr. sentenced McCoy to imprisonment followed by three years of court-ordered supervision. McCoy is also required to pay restitution to the Small Business Administration.
The Attorney General established the COVID-19 Fraud Enforcement Task Force on May 17, 2021, aimed at combating pandemic-related fraud. The task force collaborates with various agencies to enhance efforts against fraudulent activities related to COVID-19 relief programs.
Individuals with information about attempted COVID-19 fraud can report it through the Department of Justice’s National Center for Disaster Fraud Hotline or its web complaint form.
The United States Postal Inspection Service conducted the investigation of this case, which is being prosecuted by Assistant U.S. Attorney John Potterfield.
