A New York City real estate developer who owns industrial land in Calverton is facing federal felony charges alleging he defrauded multiple pandemic-era relief programs out of millions of dollars.
David Ebrahimzadeh, 45, of Manhattan, was indicted by a federal grand jury in Boston on one count of bank fraud, two counts of wire fraud affecting a financial institution, one count of wire fraud and two counts of procuring a false tax return, according to a press release issued by the U.S. Attorney’s Office for the District of Massachusetts. Prosecutors said in the release that Ebrahimzadeh allegedly obtained about $8.5 million in loans “he was not entitled to.”
Ebrahimzadeh is a principal in a limited liability company that owns a 40-acre parcel of industrially zoned vacant land on Middle Road in Calverton once slated for development with a 640,000-square-foot logistics center by NorthPoint Development of Missouri…