Secaucus Police Arrest Trio After Stealing COVID-19 Relief Monies
Secaucus Police Chief Dennis Miller reports that three individuals have been arrested for stealing COVID-19 relief funds last year, by fraudulently applying for loans for companies which did not exist.
According to the Cares Act, the EIDG Loan is a Loan/Grant processed directly through the small business loan administration (SBA). The proceeds are to be used for working capital of an established business, not to start or expand a business.
Chief Miller says in 2020, Adam Rodriguez and Madison Sedell fraudulently applied for three separate loans on behalf of made-up businesses, ranging from agricultural companies to a marketing company. The three loans were requested in the amounts of $10,000, $10,000 and $9,000 respectively. One of the three loans was approved under the false pretense created by Rodriquez and Sedell. Collectively, they received $10,000 from funds that were intended to assist legitimate small businesses in their relief from the economic hardship they suffered as a result of the COVID-19 pandemic.
Rodriquez is also charged with forging a check belonging to Clean Eats, LLC, in the amount of $1,900. It was revealed that Jadyn Brower conspired with Rodriquez and Sedell to “launder” money, by transferring some of this money to one another through various online cash applications. All three were arrested earlier today.
Chief Miller stated, “I applaud Detective Aniello Schaffer for his determination in following up on what initially was received as a “tip” on our tip line and bringing these three defendants to justice. It is very unfortunate that even during a pandemic, criminals will find a way to commit nefarious acts. I also want to thank Homeland Security Investigations, HSI, Newark Division, for their assistance in this investigation.”
The 22-year old Rodriguez of Clifton is charged with Forgery, [2C:21-1a(2)], Money Laundering [2C:21-25b(1)], three counts of Falsifying Records [2C:21-4a], Theft by Deception [2C:20-4a], two counts of Criminal Attempt to Commit Theft by Deception [2C:5-1/2C:20-4a] and Conspiracy to Commit Theft by Deception [2C:5-2/2C:20-4a]. He is being held in the Hudson County Correctional Center in Kearny.
Sedell and Brower, both aged 19 of Secaucus, were each charged with Conspiracy to Commit Theft by Deception [2C:5-2/2C:20-4a] and Money Laundering [2C:21-25b(1)]. They were both charged and released pending their appearance in court.
Tips can be made by calling (201) 330-2049, emailing firstname.lastname@example.org or submitting anonymously through the department’s website at www.secaucuspolice.org. These charges are merely accusations and the defendants are presumed innocent until proven guilty.
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