| Indicted PPP
Fraudster Ray Got Feb 13 Trial Date in
SDNY Then Pled Now Gets 212 Months
By Matthew
Russell Lee, Patreon Maxwell
Book
SDNY COURTHOUSE,
Nov 28 – Franklin Ray and
Joseph Winget are charged with
more than $1 million Paycheck
Protection Program fraud
through their trucking
company, CSA Business
Solutions
LLC.
On May 18, 2022
U.S. District Court for the
Southern District of New York
Judge Analisa Torres held a
conference. Inner City Press
covered it.
The
complaint details the use of
falsified forms.
On May 18 after a
discussion of documents seized
from Ray's home, Judge Torres
set an "aspirational" trial
date of February 13, 2023.
On March 28, 2023
Ray pled guilty to four counts
of wire fraud, including one
count of wire fraud while
released under conditions of
bail, and one count of
aggravated identity theft.
On November 14,
the US Attorney's Office asked
for a sentence of 204 months,
saying it "recognizes it is
seeking a lengthy sentence."
But on November
28, Ray got 212 months, the
top of the guideline. Inner
City Press was there; thread:
OK- at sentencing
of PPP trucking fraudster
Franklin Ray. His lawyer is
asking for 10 years: US wants
17 years.
AUSA: With
respect to the Christmas toys,
this email refers to 10
families helped - that's not
correct. [US Attorney's
Office's victims coordinator
is here]
Judge: The
guideline is 175 to 212
months. Mr Ray was in
Operation Desert Storm. He's
been convicted before
Judge: He lied to
lenders and to the SBA: he
defrauded investors that he
had a trucking company, as a
Ponzi scheme.
Judge: Your
victims are unlikely to be
made whole. You are sentenced
to 212 months [top of
guideline]
The case is US v.
Ray et al., 22-cr-228
(Torres)
***
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