nydailynews.com nydailynews.com 21 Dec, 2020 23:30 am

Brooklyn man with fake company scammed $2M federal loan: feds

Brooklyn man with fake company scammed $2M federal loan: feds
Within days of getting the loan, Leon Miles bought a brand new Bentley Continental for $250,000 and a 2020 Cadillac Escalade for approximately $100,000 with taxpayer money, prosecutors say.

The only business in the building, said FBI special agent Zachary Effting in court papers, was a bodega on the ground floor.“This type of criminal behavior is a slap in the face to all of those who play by the rules, especially while so many in our communities are suffering from the financial fallout of the pandemic,” said FBI Assistant Director-in-Charge William Sweeney in a statement.He listed the four-story residential building where he lives in Bedford-Stuyvesant as his company headquarters, according to court papers.The Daily News could not immediately reach Miles for comment.

The $350 billion dried up in less than two weeks as mom and pop businesses across the nation shuttered permanently.An unemployed Brooklyn man who pretended to own a company with employees he claimed he needed to pay in the pandemic scammed nearly $2 million from a federal loan program and bought two luxury cars on the taxpayer’s dime, a newly unsealed complaint in Brooklyn federal court charges.

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