BUFFALO, N.Y. — A Buffalo man has pleaded guilty to a federal fraud charge tied to a fraudulent COVID-era loan application.
Jamar Jackson, 43, of Buffalo recently admitted to obtaining more than $70,000 through false claims about a business he did not own, according to federal prosecutors. After pleading guilty to conspiracy to commit wire fraud, he faces up 20 years in prison and a $250,000 fine.
According to the plea agreement, the scheme dated back to June 29, 2020, when Jackson and his co-conspirators submitted a fraudulent application for an Economic Injury Disaster Loan through the Small Business Administration. Prosecutors said the application was filed for a business that Jackson “supposedly owned,” but the information provided was knowingly false…