An Arizona man and three associates have been charged in a scheme to defraud the U.S. Small Business Administration of at least $178 million in loans meant to help small businesses during the coronavirus pandemic, according to the U.S. Attorney for the District of Oregon.
Eric Karnezis, 43, from Sedona, Arizona, has been charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering in a 23-count indictment. His co-defendants are Lynisha Wells, 47, and Nikkia Bennett, 43, both from Chula Vista, California, and Fredrico Williams, 48, from San Diego.
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