A Utah trucking company owner already under federal indictment in a pay-to-play fraud case faces new criminal charges for allegedly lying on an application to get a Paycheck Protection Program loan through the coronavirus relief bill.
Hubert Ivan Ugarte, of Draper, also illegally used more than half of the $210,000 he received to make lease or purchase payments on trucks rather than on employee wages, according to an indictment filed in U.S. District Court.
According to the complaint, Ugarte, with help from Lisa Bradshaw Rowberry, of Provo, answered “no” to questions on the application asking whether he was under formal criminal charges in any jurisdiction. His answer was false because he had been indicted in a Utah fraud case when he answered the question, the complaint alleges.
Last October, a federal grand jury indicted Ugarte and others following a multiyear fraud investigation in which it is alleged he bribed employees at the Salt Lake City hub of FedEx Ground to obtain preferential treatment for his trucking companies. Ugarte faces four counts of wire fraud and six counts of money laundering in the case.
www.deseret.com
Hubert Ivan Ugarte, of Draper, also illegally used more than half of the $210,000 he received to make lease or purchase payments on trucks rather than on employee wages, according to an indictment filed in U.S. District Court.
According to the complaint, Ugarte, with help from Lisa Bradshaw Rowberry, of Provo, answered “no” to questions on the application asking whether he was under formal criminal charges in any jurisdiction. His answer was false because he had been indicted in a Utah fraud case when he answered the question, the complaint alleges.
Last October, a federal grand jury indicted Ugarte and others following a multiyear fraud investigation in which it is alleged he bribed employees at the Salt Lake City hub of FedEx Ground to obtain preferential treatment for his trucking companies. Ugarte faces four counts of wire fraud and six counts of money laundering in the case.
Utah trucking company owner faces Paycheck Protection Program fraud charges
A Utah trucking company owner already under federal indictment in pay-to-play fraud case faces new criminal charges for allegedly lying on an application to get a Paycheck Protection Program loan through the coronavirus relief bill.
www.deseret.com
