December 9, 2022 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Beverly Hills Man Faces up to 20 Years in Prison for Using Sham Companies in Plot to Steal Millions of Dollars in COVID Small Business Loans

Ramiro Da Rosa Mendes pleads  guilty to one count of wire fraud

A Beverly Hills man – whose sons pleaded guilty earlier this month to felonies for defrauding COVID-relief programs – pleaded guilty last week to a federal criminal charge for fraudulently seeking more than $6.7 million in COVID-related small business loans for more than half a dozen fake companies.

Ramiro Da Rosa Mendes, 61, pleaded guilty to one count of wire fraud.

According to his plea agreement, from April 2020 to August 2020, Mendes schemed to fraudulently obtain federal disaster relief funds distributed through the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs that were intended to help small businesses through the economic shock of the COVID-19 pandemic.

Mendes claimed to own numerous fake businesses purportedly based in Beverly Hills, including One Wilshire Enterprises, Professional Music Services, and MB Property Management Group LLC. These companies were fake businesses that did not exist prior to the COVID-19 pandemic and did not have any operations or employees.

Mendes also claimed to be the owner of fake real estate services companies, including Ramiro Mendes Real Estate Services, Real Estate Services, and Real Estate Invesst-ments, also located in Beverly Hills and Massachusetts, as well as other businesses registered in Wyoming.

In his plea agreement, Mendes admitted to submitting 19 applications for PPP and EIDL loans that contained false and fraudulent information, including the purported existence of payroll expenses, phony tax forms, and the operational status of the businesses.

For example, on June 24, 2020, Mendes submitted a fraudulent PPP loan application to a Florida-based bank, seeking a loan of $975,100. The loan application falsely stated that One Wilshire Enterprises employed 18 people, had an average monthly payroll of $390,040, and, according to a false tax form, earned $4,810,149 in revenue in 2019. Based on this false information, the bank approved and funded a PPP loan in the amount of $793,300. The loan amount was wired into a bank account Mendes controlled.

Mendes admitted in his plea agreement to stealing the COVID-relief loans and misusing the proceeds for his own personal benefit, including the purchase of cryptocurrency. He further admitted that the intended loss in this case was approximately $6,708,963 and the actual loss was at least approximately $2,228,302.

United States District Judge Percy Anderson scheduled a December 12 sentencing hearing, at which time Mendes will face a statutory maximum sentence of 20 years in federal prison.

In related cases, Mendes’ sons – Ammon Jose de Pina Mendes, 26, of Beverly Hills, and Mateus Pina Mendes, 33, of Los Angeles – each pleaded guilty on September 1 to one count of wire fraud. Using the names of fake businesses, Ammon and Mateus Mendes fraudulently obtained approximately $222,225 and $143,283, respectively, in PPP and EIDL loans. Their sentencing hearings are scheduled for November 29, at which time each defendant will face up to 20 years in federal prison.

This matter was investigated by the FBI; the Federal Housing Finance Agency – Office of the Inspector General; the United States Postal Inspection Service; the Federal Deposit Insurance Corporation – Office of the Inspector General; the Treasury Inspector General for Tax Administration – Office of the Inspector General; IRS Criminal Investigation; and the Small Business Administration – Office of the Inspector General.

Assistant United States Attorney Scott Paetty of the Major Frauds Section and Trial Attorney Jennifer Bilinkas of the Justice Department’s Fraud Section are prosecuting this case.

in Crime, News
Related Posts

Dunkin’ Donuts Now Open in Westwood Village

December 8, 2022

December 8, 2022

Chain now open at 1001 Gayley Avenue By Dolores Quintana In the good news department for everyone in the Westwood...

No Century City or Westwood Restaurants Awarded Michelin Stars

December 7, 2022

December 7, 2022

18 new California restaurants added to the guide By Dolores Quintana The Michelin Restaurant Guide has released its list of...

Local Art Studio Hosts Toy Drive and Winter Camps

December 7, 2022

December 7, 2022

The Paint:Lab in Santa Monica is hosting winter camps and a toy drive. Learn how to get involved in this...

Local Artist Undertaking Acorn Planting Project in the Santa Monica Mountains

December 6, 2022

December 6, 2022

Rebecca Youseff raising environmentalism awareness through art By Keemia Zhang  Los Angeles artist Rebecca Youseff is carrying out a project...

11th Anniversary of the Venice Sign Lighting

December 6, 2022

December 6, 2022

Venice celebrates the 11th year of lighting the Venice sign on Windward ave for the holidays!.Video sponsored by School of...

LAFD Put out Veteran Avenue Home Fire

December 6, 2022

December 6, 2022

Saturday morning fire put out in 17 minutes The LAFD made quick work putting out a fire that broke out...

Local Man Sentenced to 9 Years in Federal Prison for Role in Scam Involving Fake Open Houses at Not-for-Sale Homes

December 5, 2022

December 5, 2022

Adolfo Schoneke sentenced to 54 years in federal prison in connection to $6 million real estate scam A South Bay...

43-Unit Development Planned Near Expo/Sepulveda Station

December 3, 2022

December 3, 2022

Five-story building planned for 2600-2616 South Sepulveda By Dolores Quintana Another multifamily residential development has been approved near the Expo...

Los Angeles Home Prices Drop for Third Month in a Row

December 2, 2022

December 2, 2022

 Forbes analist shows pullback from buyers in Los Angeles home market By Dolores Quintana After a seller’s market reigned, the...

Lyft Withdraws Scooters and Bikes From LA-Area

December 2, 2022

December 2, 2022

Santa Monica down to three shared-mobility companies By Dolores Quintana Lyft has removed its micro-mobility services from the cities of...

Man Wanted for Sexually Assaulting Hiker in Santa Monica Mountains

December 2, 2022

December 2, 2022

Man in his 30s sought in connection to November 21 sexual assault By Sam Catanzaro Police are searching for a...

NPS Says Mountain Lion That Killed Chihuahua in Hollywood Hills Was P-22

December 1, 2022

December 1, 2022

Mountain lion will not be euthanized, NPS says By Sam Catanzaro During the evening of November 9, a large animal...