UPDATE, JUNE 9 AT 10:16 AM:

The Department of Justice reports that Trevor Gee Lanius-McLeod was sentenced after admitting that he used the more than $1 million in Paycheck Protection Program (PPP) loans he received for his personal benefit.

Lanius-McLeod reportedly made false statements on the PPP loan application and would not have otherwise qualified.

The government claimed that Lanius-McLeod agreed to use the funds for business-related expenses and that the proceeds were spent on various personal expenses, including the mortgage on his personal residence.

“Today’s sentence is a direct reflection of the seriousness of Mr. Lanius-McLeod’s crimes,” said Andy Tsui, Special Agent in Charge, IRS Denver Field Office of Criminal Investigation. “Lanius-McLeod is not only guilty of crimes against the federal government, but he also victimized the people and businesses that the Paycheck Protection Program was designed to protect. These actions will not be tolerated, and the judge’s ruling sends a clear message to others trying to defraud CARES Act programs that these crimes will not go unpunished.”

Trevor Gee Lanius-McLeod was sentenced to 30 months in prison, followed by three years of supervised release.

He was also ordered to pay $1,000,043.00 in restitution, $125,000 of which will be paid jointly with co-defendant Kasey Wilson, who was sentenced in March 2022.


Previous coverage, January 5:

HELENA, Mont. -A Helena man pleaded guilty after he allegedly made false statements to receive Paycheck Protection Program (PPP) loans that he used for his personal benefit.

Trevor Gene Lanius-McLeod pleaded guilty to bank fraud and engaging in money transactions in property derived from specified illicit activities.

The Department of Justice (DOJ) said in a statement that, in court documents, the government claimed that in April 2021, Lanius-McLeod applied for PPP loans through Valley Bank of Helena and lied on the applications and accompanying documentation.

Lanius-McLeod reportedly received $1,043,000 in fraudulent funds from the four loans.

In addition, Lanius-McLeod applied for and received a $340,000 PPP loan on behalf of Renovated Montana Properties LLP, an entity he controlled.

Lanius-McLeod falsely stated that the company had paid payroll taxes and had 25 employees, the Justice Department reports.

The company never paid any payroll taxes and had no other employees besides Lanius-McLeod; however, it sometimes employed independent contractors.

In a promissory note, Lanius-McLeod agreed to use the credit for payroll costs and other business-related expenses and none of the credits were used for these purposes, according to the statement.

Instead, the loan was used for personal expenses, including paying the mortgage on Lanius-McLeod’s personal residence.

The DOJ says that without several misrepresentations, Lanius-McLeod would not have qualified for this loan.

A plea agreement was entered in the case in which the parties agreed that if the court accepts the plea agreement at sentencing, the government will seek dismissal of nine other charges brought in an indictment.

Lanius-McLeod faces a maximum of 30 years in prison, a $250,000 fine and three years of supervised release for felony bank fraud.