Originally Posted by
aayjay
beanz is a shitty dude, good find on the current case, so is he going to prison or what are people getting ppp loan fraud? the feds have like a 99% conviction rate and they almost never plea, so he gonna get in trouble i think. he also has a criminal history saw some one post that somewhere.
The federal system is based off a point system called "guidelines". The points are based on the crime itself, also factors such as prior criminal history play a huge role in federal cases. The judge has a range within the guidelines based on the point count. They usually stay in this range when issuing sentences, However, they can go below these numbers unless statutory minimums are involved. Without any priors he's likely somewhere between 12 and 36 months in prison, as well as paying back any money he got his filthy hands on.
Federal sentencing is much different than state sentencing.
I will research his judge later. There have been enough PPP fraud cases that Judges have already sentenced a good amount In each district. All you have to do is research sentences that were handed down by your specific Judge in cases with a similar dollar amounts of fraud and you will likely get a good estimate of how much time you will get.
I follow a "Federal Prison consultant" on YouTube. 75% of his clients are for PPP loan fraud.
In most PPP fraud cases under 100k, if the defendant has no criminal history, most judges are giving probation. I have a feeling Mr Beanz has some priors and won't be getting probation. Also, he applied in the name of an Animal non profit charity, I'm sure this won't get any sympathy with his Judge.