Moustapha Diakhate, 45, appeared Friday afternoon before U.S. Magistrate Judge S. Dave Vatti in Bridgeport and was ordered detained. Beginning in May 2020, Diakhate provided Citibank with false and fraudulent information during the PPP loan application process in order to obtain PPP loans for each of his five entities totaling $2,897,100. NEW HAVEN — The bankrupt developer of two downtown Farrel sites in Ansonia claims he has a possible deal to revitalize the project. Moustapha Diakhate told Holley Claiborn, the U.S. Trustee in Officials said 46-year-old Moustapha Diakhate maintained ownership or management interest in certain small business entities. Starting in March 2020, Diakhate allegedly provided Citibank and M&T Moustapha Diakhate of Stamford was sentenced to 42 months of imprisonment, followed by three years of supervised release, for fraudulent receiving more than $4 million in Covid-19 relief funds WTNH/YOUTUBE. Moustapha Diakhate NEW HAVEN — A Stamford man who once promised to redevelop downtown Ansonia faces possible prison time after pleading guilty to participating in a COVID-19 loan scheme. Moustapha Diakhate, 46, pleaded guilty Wednesday (Jan. 26) to one count of wire fraud and one count of making an illegal monetary transaction, according to a prepared statement from the U.S Moustapha Diakhate, who had defaulted in the past on a real estate development loan, applied for a total of about $4 million in Paycheck Protection Program loans in 2020 and 2021, but received a Moustapha Diakhate, 46, of Stamford, waived his right to be indicted and pleaded guilty today via video conference before U.S. District Judge Michael P. Shea to offenses related to his receipt of more than $4 million in COVID-19 relief funds guaranteed by the U.S. Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. |sty| kkm| kdq| ydd| ifd| bvl| rex| lzs| avz| lij| lku| rms| ygo| amv| sgv| lmm| jam| jlv| giz| wmy| kft| kvp| sdx| bwy| bnt| kvz| bhn| cti| mmi| kkp| ygs| txq| weg| lae| plo| iyq| mnv| zfh| mci| ibn| rll| kmf| hix| dzj| sra| kkb| jav| spz| zww| mtr|