Fake Orlando Ministry Receives $ 8.4 Million In P3 Loans, Tries To Buy House In Golden Oak At Walt Disney World
In what is possibly one of the strangest criminal cases to be linked to Walt Disney World this year – probably up there with the guest who brought an AR-15 rifle that was to be stored at Disney’s Animal Kingdom Lodge and the VH1 celebrity banging cast member– Another case of post-pandemic PPP loan fraud has surfaced, linking a bogus department in Orlando to an attempted purchase of a home in Golden Oak, the upscale residential community of Walt Disney World Resort.
A fascinating report by Gabrielle Russon on the Orlando Sentinel details the incident of the fake PPP loan deposit to the final epic on shredded paper. With the launch of the CARES Act, millions of dollars in loans were made to small businesses (such as the former owners of the Moroccan pavilion at EPCOT) and nonprofits affected by the COVID-19 pandemic. Among those who filed was ASLAN International Ministry, led by Evan and Joshua Edwards. ASLAN ended up receiving $ 8.4 million in loans after painting a picture of a successful Orlando-based ministry.
Once received, the money was then transferred to an account at First Home Bank, which previously only held a balance of $ 25. It was then split among several bank accounts held by various members of the Edwards family. Records show that $ 3.71 million went to a house in the Symphony grove neighborhood Disney’s Golden Oak.
What ultimately notified authorities was a cover letter from an accountant filed alongside ASLAN’s IRS forms. The cover letter not only listed the same address for the accounting firm as ASLAN, but was also signed by a dumb man with dementia who had not done accounting for ASLAN since 2017. The head office address of ‘ASLAN turned out to be an empty office space.
The Edwards family were finally caught driving on I-75 near Lake City, Florida. Inside the car were bags of shredded documents, along with a paper shredder and laser printer.
According to the Sentinel, the U.S. Attorney’s Office for the Central District of Florida declined to comment because it cannot confirm or deny the investigations until criminal charges have been filed. The federal government has since seized $ 8.4 million PPP loan funds for bank fraud and money laundering.
Source: Orlando Sentinel