big Covid fraud

Georgia
​United States

Carl Delano Torjagbo

"...On March 29, 2021, Torjagbo received approximately $9.6 million in PPP loan proceeds. Instead of using it for purposes consistent with the PPP, he commingled the funds with the fraudulently obtained $3.4 million tax refund and paid personal debts and expenses, including the following:

• $1,677,861.01 for his personal residence;
• $332,999.80 for a 2014 Lamborghini Aventador;
• $120,799.79 for a 2022 BMW M850xi;
• $90,520 for a 2021 Land Rover Range Rover Velar;
• $51,000 for the downpayment on a 72-foot yacht;
• over $1,000,000 for real estate, trucks, and trailers to start a new business; and
• more than $15,000 for plastic surgery.

"On July 25, 2025, a jury convicted Torjagbo, 49, of Marietta, Georgia, of bank fraud, wire fraud, and money laundering. He faces a maximum of 170 years of imprisonment followed by five years of supervised release. In determining the actual sentence, the Court will consider the United States Sentencing Guidelines, which are not binding but provide appropriate sentencing ranges for most offenders.

"Sentencing is scheduled for November 3, 2025, at 10:00 a.m. before United States District Judge Michael L. Brown..."

www.justice.gov/usao-ndga/pr/marietta-man-convicted-96-million-ppp-loan-fraud-and-34-million-tax-fraud-schemes

Google AI Overview
The Paycheck Protection Program (PPP) was a Small Business Administration (SBA) loan program designed to help small businesses keep their employees on payroll and cover certain other operating expenses. The program officially ended on May 31, 2021.

birthplace: Ghana

This is what a 72-foot yacht could look like.​

Marietta is just northwest of Atlanta, location of the Martin Luther King Jr. National Historic Site and birthplace of Margaret Mitchell, author of Gone with the Wind.