Current:Home > Finance2 Mississippi businessmen found not guilty in pandemic relief fraud trial -Streamline Finance
2 Mississippi businessmen found not guilty in pandemic relief fraud trial
View
Date:2025-04-12 21:00:29
COLUMBUS, Miss. (AP) — Two Mississippi businessmen, one of whom served on the governor’s economic recovery advisory commission, have been cleared of all charges in a case where they were accused of fraudulently receiving more than $2 million in COVID-19 pandemic relief.
Jabari Ogbanna Edwards and Antwann Richardson, both residents of Columbus, were found not guilty Friday by a federal jury in Oxford, court records show.
Edwards and Richardson were indicted in June 2022 on charges of money laundering, wire fraud and conspiracy to commit wire fraud, according to Clay Joyner, U.S. attorney for northern Mississippi. Edwards also was charged with making a false statement.
In April 2020, Republican Gov. Tate Reeves appointed Edwards as one of several members of Restart Mississippi, a commission to advise him on the economy as COVID-19 spread.
Edwards held a news conference Tuesday in Columbus to thank his supporters and attorneys, WCBI-TV reported.
“Your unconditional love, unyielding support have been my steadfast anchor throughout these trying times,” Edwards said.
Attorney Wil Colom said the prosecution was malicious and should have never happened. Colom said the ordeal cost Edwards two years of his life, his business, name and image.
The indictments accused Edwards and Richardson of applying for and receiving money from the Paycheck Protection Program and the Economic Injury Disaster Loan program for the now-defunct business North Atlantic Security.
An indictment said North Atlantic Security received more than $500,000 from the Paycheck Protection Program about one month before it sold its contracts and assets to American Sentry Security Services.
North Atlantic Security stopped doing business in March 2021, but it applied for and received more than $1.8 million in Economic Injury Disaster Loan funds in October and November of that year, the indictment said.
Prosecutors accused Edwards and Richardson of laundering the money through their other businesses, including J5 Solutions, Edwards Enterprises, J5 GBL, BH Properties and The Bridge Group.
A June 2022 statement from Joyner said the men used the money for unauthorized expenses including personal real estate transactions, political contributions, charitable donations and loan payments for vehicles.
veryGood! (92)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Chaos at a government jobs fair in economically troubled Zimbabwe underscores desperation for work
- Red Hot Chili Peppers extend Unlimited Love tour to 2024 with 16 new North America dates
- Air Force Reserve staff sergeant arrested on felony charges for role in the Jan. 6 Capitol riot
- The Daily Money: Disney+ wants your dollars
- Jennifer Lopez Flaunts Her Figure With a Cropped, Underboob-Baring Breastplate Top
- Big bank CEOs warn that new regulations may severely impact economy
- The Excerpt podcast: Sandra Day O'Connor dies at 93, Santos expelled from Congress
- Oklahoma parole board recommends governor spare the life of man on death row
- Ex-Florida State president: FSU needs to leave ACC; playoff committee caved to pressure
Ranking
- Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
- 'Time' magazine names Taylor Swift its 2023 Person of the Year
- Aaron Rodgers defends Zach Wilson, rails against report saying Jets QB was reluctant to start again
- European Union calls for “the beginning of the end” of fossil fuels at COP28 climate talks
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- This Sparkly $329 Kate Spade Bag Is Now Just $74 – And It’s The Perfect Festive Touch To Any Outfit
- Russia rejected significant proposal for Evan Gershkovich and Paul Whelan's release, U.S. says
- Generation after generation, Israeli prison marks a rite of passage for Palestinian boys
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Free agent OF Joc Pederson sparks rumors about next team with Instagram post
Atmospheric river brings heavy rain, flooding to Pacific Northwest
Paramedics told investigators that Elijah McClain had ‘excited delirium,’ a disputed condition
Travis Hunter, the 2
Michigan university bars student vote on issues related to Israel-Hamas war
'Time' magazine names Taylor Swift its 2023 Person of the Year
Iowa man wins scratch-off lottery game, plays again, and then scores $300,000