A Chinese national has been sentenced to more than four years in prison over a scheme to defraud $20 million in federal pandemic relief loans meant for distressed small businesses.
New York resident Ma Muge falsely claimed to have hundreds of employees under two phony companies, New York International Capital LLC (NYIC) and Hurley Human Resources LLC (Hurley), to whom he said he paid millions of dollars in wages monthly, according to federal prosecutors.
In reality, Ma, who also goes by the name “Hummer Mars,” was the only employee in both companies, which he said were based in his luxury condo building in Manhattan.
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