Giraldo Caraballo Wiki – Giraldo Caraballo Bio
Giraldo Caraballo, 55, from Miami, made her first appearance at the Miami federal court on Friday. He is accused of engaging in illegal income-generating transactions and making false statements to a financial institution.
Caraballo, according to a criminal report, his company, Professional Skills Inc. He applied for and received a Pay Check Protection Program loan on his behalf. He claimed the company had 28 employees and an average payroll of $ 168,000, inspectors said that was not true. The complaint also claims that Caraballo applied for the Economic Injury Disaster Loan and received about $ 55,000. Prosecutors said that instead of using the money for payroll, Caraballo transferred the money to other accounts and used it for personal expenses.
Giraldo Caraballo Age
She is 55 years old.
Giraldo Caraballo Steals $420,000
Prosecutors say a Florida nurse fraudulently borrowed and laundered $ 420,000 from coronavirus relief funds.
According to a criminal complaint, Giraldo Caraballo acquired his company, Professional Skills Inc., after lying on his application. He received a loan from the Pay Check Protection Program on his behalf.
When Caraballo opened a bank account for his company in May 2019, he reported that he has two employees and has an annual gross sales of $ 70,000.
When Caraballo filed for the Economic Injury Disaster Loan in June, he claimed the company had four employees and the company’s gross revenue between February 2019 and January 2020 was about $ 180,000.
Just six days later, he applied for a Pay Check Protection Program and reported that he had 28 employees and an average payroll of $ 168,000, as prosecutors say.
Caraballo allegedly claimed that the $ 420,000 fund was to help employees stay on payroll.
However, the complaint claims that the funds never actually reached their employees.
Prosecutors say the company’s bank account “did not show any paychecks to PSI employees. No payments were made to payroll service providers.”
Prosecutors said Caraballo used the money for personal expenses, including paying credit card bills and making mortgage, car rental and childcare support payments, “among other things,” rather than using the money for payroll.
The Paycheck Protection Program represents billions of dollars in forgivable small business loans for Americans struggling with the COVID-19 pandemic. It’s part of the coronavirus aid package that became federal law in March.
The Economic Injury Disaster Loan program is administered by the US Small Business Administration. The program provides low-interest financing to small businesses, tenants and homeowners in areas affected by the announced disasters.
Caraballo was not immediately available for comment. A defense attorney for Caraballo was not listed in the court records.