The Arizona brothers conspired with others to file fraud claims for the payroll protection program, prosecutors say.
SEDONA, Arizona – Two Sedona brothers recently pleaded guilty to conspiring with others to fraudulent millions of dollars from the government in a pandemic relief, Federal officials said.
Eric Carnezis, 43, and Anthony Carnezis, 43, each plead guilty to conspiring to commit fraud against their roles in a scheme that utilized a pay protection program that provided relief to businesses affected by the Covid-19 pandemic.
According to the Oregon Attorney’s Office Eric conspired with others to submit hundreds of fraudulent PPP applications. Of that, about $105 million in loans were funded.
Anthony reportedly joined a similar scheme by conspired with his brothers and others to submit 140 fraudulent PPP applications.
As part of the plea agreement, the brothers each agreed to pay millions of reparations and confiscate criminally derived proceeds. The brothers will be declared June 20th.
Related: Arizona man charged with $178 million Covid-19 fraud
Related: Former Arizona News Anchor indicted for PPP fraud
How big is Maricopa County?
According to the 2020 census, Maricopa County is the fourth largest county in the United States in terms of population of 4,485,414.
The county includes about 63% of Arizona’s population, weighing 9,224 square miles. This will make the county bigger seven US states (Rhode Island, Delaware, Connecticut, Hawaii, New Jersey, Massachusetts and New Hampshire).
One of the nation’s largest park systems is also found in Maricopa County. The county has an estimated 120,000 acres of open space parks, including hundreds of miles of trails, a nature center and campsites.
The county seats are in Phoenix. Phoenix is ​​the state’s capital and the fifth most populous city in the United States, designated by the census.
The county is named after Maricopa, or Pipashu, a Native American tribe.