Accused St. Petersburg drug sellers gained SBA loans to guidance enterprise

ST. PETERSBURG, Fla. (WFLA) – Detectives with the St. Petersburg Law enforcement Division are in the midst of a key drug trafficking investigation and have designed 30-arrests so considerably.

Most of the arrests are drug-similar, but according to law enforcement, a handful of the sellers were being employing your tax pounds to fund their operation.

Law enforcement arrested 21-yr outdated Dante Payne on Monday. He’s facing quite a few drug charges and just one rely of defrauding a fiscal establishment.

According to the arrest report, he filed paperwork with the government claiming he owned “Brother’s Landscaping Co.” He said the enterprise grossed $128,800 in 2020 and he received $20,832 to deal with payroll and small business overhead prices.

Yolanda Fernandez with the St. Petersburg Law enforcement Division clarifies the men been given governing administration aid for companies they didn’t personal and for staff they didn’t make use of.

“One of the motives they had been able to fund their procedure was for the reason that they were using these financial loans from the government that they had been given fraudulently,” mentioned Yolanda Fernandez with the St. Petersburg Law enforcement Section. “And they ended up acquiring substantial quantities of income. Supposedly to enable these staff that they did not have for these corporations that they didn’t work. “

Russell Jones is also accused of receiving SBA loans. Law enforcement arrested him on Nov. 8. According to the arrest report he claimed he owned a barber store that grossed $45,681 in 2020. The paperwork suggests he been given $9,516 from the govt to go over payroll and business overhead costs.

Police arrested Kenneth Davis on Nov. 9. The arrest report does not indicate the variety of organization he claimed to very own, but it did say in 2020 the unnamed business enterprise grossed $105,900 in 2020 and he gained $20,832 from the govt.

Marlon Santiago calls it disgusting. He owns an operates a legal hemp nursery in Pasco County. He has had a person heck of a time receiving SBA loans.

“They’ve just been jerking me all around,” mentioned Santiago. “I really got an e mail from them yesterday acknowledging that the trouble is on their conclude.”

Santiago was dumbfounded when he figured out accused criminals have been getting authorities assist.

“People like myself are nevertheless having difficulties to get the dollars that we should really be obtaining,” explained Santiago. “And you’ve got fellas who are undertaking the completely wrong way obtaining revenue hand above fist.”

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