D.C. Man Stole $2M Through Pandemic Loans For Fake Support Animal Companies, Feds Say

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D.C. Man Stole $2M Through Pandemic Loans For Fake Support Animal Companies, Feds Say
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A D.C. man allegedly created fake emotional support animal companies to steal millions in pandemic relief loan funds, spending the money on real estate, a yacht and a sports car. It's not the first time he's been accused of fraud. wamu885

against Gaughan that year, ruling that he was improperly charged in Maryland.

Far from bailing out struggling businesses, Gaughan used his loans to fund decadent purchases: the Department of Justice says Gaughan used his profits to buy a $1.3 million rowhouse, a $300,000 yacht, and a $46,000 sports sedan. "We learned of the indictment and will fully cooperate in the prosecution of the scheme to defraud that was committed against the Archdiocese and, most recently, allegations of such a scheme against the funds created to support small businesses during these difficult times," she wrote in an email.

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