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Queens Woman Is Charged With PPP Fraud Then Released on Unsecured Bond in SDNY

by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, May 3 – Prosecutors on Wednesday announced charges against a Queens woman with Paycheck Protection Program and unemployment fraud - then quickly agreed to her release on unsecured bond.

Inner City Press was there, the only media in the Magistrates Court.

 The announcement was about "charging JASMIN GADSON, an employee of the Port Authority of New York and New Jersey, with wire fraud and theft of government funds for submitting fraudulent applications to obtain unemployment insurance benefits from the New York State Department of Labor at the height of the COVID-19 pandemic in 2020 and 2021.  During that period, GADSON also allegedly submitted fraudulent applications for loans under the United States Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”).  GADSON was arrested this morning and will be presented this afternoon before U.S. Magistrate Judge Stewart D. Aaron in Manhattan federal court."   

It was before 1 pm when Gadson was brought into U.S. District Court for the Southern District of New York Magistrates Court, and was given a free Federal Defender. The Assistant US Attorney told Judge Aaron of the terms of release.

Ms. Gadson walked into the clerk's office to sign her bond, and later walked west on Pearl Street toward Foley Square. 

The case is US v. Gadson, 22-mj-3393 (Aaron)


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