Current:Home > StocksMan gets 2-year prison sentence in pandemic fraud case to buy alpaca farm -Wealth Evolution Experts
Man gets 2-year prison sentence in pandemic fraud case to buy alpaca farm
View
Date:2025-04-12 00:04:23
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! (685)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Psst, H&M's Sale Section is Filled With Trendy & Affordable Styles That Are Up to 72% Off Right Now
- Drug shortages at highest since 2014: Chemo drugs, Wegovy, ADHD medications affected
- Sydney Sweeney responds to acting criticism from film producer Carol Baum: 'That’s shameful'
- Questlove charts 50 years of SNL musical hits (and misses)
- Proof Kourtney Kardashian's Vibe Right Now Is Just Living Life With Her Family
- Albany Football Star AJ Simon Dead at 25
- Simone Biles thought 'world is going to hate me' after she left team final at Tokyo Games
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Mike Johnson takes risk on separating Israel and Ukraine aid
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- New York competition, smoking, internet betting concerns roil US northeast’s gambling market
- Ashanti engaged to Nelly, reveals she's pregnant after rekindling their romance
- Unknown sailor's notebook found hidden in furniture tells story of USS Amesbury's WWII journey
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Kate Beckinsale wears 'tummy troubles survivor' shirt after mysterious hospitalization
- The Walking Dead’s Tom Payne Welcomes Twins With Wife Jennifer Åkerman
- Appeals court leaves temporary hold on New Jersey’s county line primary ballot design in place
Recommendation
What to watch: O Jolie night
When do NHL playoffs begin? Times, TV channels for first games of postseason bracket
A Georgia beach aims to disrupt Black students’ spring bash after big crowds brought chaos in 2023
Gov. DeSantis signs bill requiring teaching of history of communism in Florida schools
US appeals court rejects Nasdaq’s diversity rules for company boards
South Carolina Republicans reject 2018 Democratic governor nominee’s bid to be judge
Ford recalls more than 456,000 Bronco Sport and Maverick vehicles over battery risk
New Black congressional district in Louisiana bows to politics, not race, backers say