November 26, 2022 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Beverly Hills Man Pleads Guilty to Federal Charge for Setting up Fake Companies to Steal Over $6 Million 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

Thief Steals Family Diary Culver City’s Pasta Sisters Restaurant

November 23, 2022

November 23, 2022

$5,000 reward offered for diary’s return By Dolores Quintana In an Instagram post on November 20, Pasta Sisters restaurant revealed...

Excess Food Turned Into Groceries at Local Food Drive

November 23, 2022

November 23, 2022

Local organization Nourish L.A turns excess food into groceries for those who are food insecure in our neighborhoods and the...

Culver City Holiday Tree Lighting Sled-tacular Returns Next Week With 25 Tons of Fresh Snow

November 23, 2022

November 23, 2022

Event set for December 1 with Sled-tacular beginning at  5 p.m., Tree Lighting Ceremony at 6 p.m. The holiday season...

Column: What We Learned From Campaign 2022

November 23, 2022

November 23, 2022

By Nick Antonicello The road to democracy was long and winding in 2022, with much shock and surprise as LA...

ICE Returns to Santa Monica After Two Year Hiatus

November 22, 2022

November 22, 2022

ICE Santa Monica has returned for all day skating and fun for the whole family learn about what’s changed after...

Local Lions Club Donation Event Helps Homeless Veterans at West L.A VA Campus

November 22, 2022

November 22, 2022

Venice Marina Lions Club donated clothing and toiletries to homeless veterans during a veterans day event at the West L.A...

State to Release $1 Billion in Homelessness Funds

November 21, 2022

November 21, 2022

Move comes weeks after Governor holds funds citing lackluster plans to tackle homelessness  California Governor Gavin Newsom Friday convened local...

Anti-Semitic Hate Flyers Distributed in Culver City

November 21, 2022

November 21, 2022

Sunday incident remains under investigation  Anti-Semitic flyers were distributed in Culver City over the weekend.  According to the Culver City...

Thatcher Yard Affordable Housing Project Breaks Ground

November 21, 2022

November 21, 2022

Thatcher Yard Affordable Housing Project Breaks Ground on 2 acre 98 unit affordable housing community..Video sponsored by Bella Petite.

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

November 20, 2022

November 20, 2022

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

Developer Looks to Build Five-Story Palms Apartment

November 20, 2022

November 20, 2022

Kelton Avenue project would include 43 units By Dolores Quintana Palms has a new proposed five-story multifamily complex in the...

Local Veterans Sue VA for Failing to Build Housing on West Los Angeles VA Campus

November 18, 2022

November 18, 2022

Lawsuit contends the agency not meeting legal obligation to house veterans at West Los Angeles VA campus By Sam Catanzaro...

Homeless Man Arrested for Stealing $22,000 Worth of Laptops From Culver City Business

November 17, 2022

November 17, 2022

11 laptops recovered following Sunday robbery A man was arrested recently for stealing $22,000 worth of laptops from a Culver...

Traci Park Declares Victory in LA City Council Race Over Erin Darling

November 17, 2022

November 17, 2022

“We intend to bring about desperately needed change to make our schools, parks, and neighborhoods safer,” park says in statement...

New Restaurant Opens in Longtime Westside Wine Shop

November 16, 2022

November 16, 2022

Wine House Kitchen now open in Wine House on Santa Monica Boulevard By Dolores Quintana West LA has a new...