RALEIGH, NC (WNCN) – Tiffany Dawn Russell has been sentenced to 63 months in prison for her role in a sprawling, multi-year fraud conspiracy and 36 months for filing a false tax return, according to the Justice Department. These penalties are served simultaneously.
Earlier this year, Russell pleaded guilty to charges related to her efforts to obtain more than $2.5 million from at least 12 banks and the United States Small Business Administration. In addition to her prison sentences, Russell was ordered to forfeit more than $2 million in fraudulent earnings.
“This defendant spent years defrauding banks and the federal government and now she will spend years behind bars,” said US Attorney Michael Easley. “This scam scheme is even more egregious because the defendant falsely received more than $1 million in COVID relief funds to help legitimate, hard-working business owners get through the pandemic.”
Russell was originally charged in November 2020 with conspiracy to commit bank fraud, bank fraud, access device fraud and misuse of a social security number. According to the indictment, Russell and her co-conspirators applied for loans and credit cards with Social Security numbers not issued to them by the Social Security Administration.
Investigators said Russell and her co-conspirators also created new credit profiles to open bank accounts and make purchases from retailers. Russell was accused of using a fake identity to buy a BMW and obtain a credit card. Investigators said she used this credit card to pay for her 2016 butt enlargement surgery.
Russell also provided false documentation for the purchase of three properties, including a seafront residence in Nags Head. She then used the proceeds to buy five more homes in North Carolina, Maryland, and Alabama.
Finally, between March 30, 2020 and June 29, 2020, court filings said that Russell and others fraudulently obtained more than $1 million in loans under the CARES Act, which Congress passed to order millions of To provide emergency financial assistance to Americans suffering from COVID-19 pandemic. The 10 loan applications, including two for her law firm, contained false information about the number of employees, monthly payroll, income and expenses.
https://www.cbs17.com/news/durham-attorney-fraudulently-buys-2m-in-houses-butt-augmentation/ Durham attorney fraudulently buys over $2 million in homes, butt augmentation