Sections. WCCB. Extras. CHARLOTTE, N.C. Antoine Johnson, 48, and Kimberly Maddox, 43, formerly of Huntersville, N.C., currently residing in Georgia, pleaded guilty to federal charges for fraudulently obtaining approximately 2 million in bank loans and COVID19 pandemic relief funds, announced Dena J. King U.S. Attorney for the Western District of North Carolina. According to plea documents and today s court hearing, the defendants owned and operated Pick Up and Go Moving International, Inc. and affiliated businesses collectively, PUGMI. Johnson was the president of PUGMI and Maddox the vice president. Court documents show that, between 2018 and 2023, the defendants fraudulently obtained multiple lines of credit, bank loans, Paycheck Protection Program PPP loans and Economic Injury Disaster Loan EIDL program loans on behalf of their businesses totaling approximately 2 million. To secure the loans, the defendants lied on more than 30 loan applications about PUGMI s income, gross revenues, expenses, and number of employees, and submitted fabricated supporting documents that included fraudulent tax returns and fictitious financial statements. Johnson and Maddox pleaded guilty to conspiracy to commit bank fraud and wire fraud and making a false statement to a financial institution. The statutory maximum sentence the defendants face is 30 years in prison and a 1 million fine. Following the plea hearing, the defendants were released on bond. A sentencing date has not been set. The FBI investigated the case. Photos  VideosCOPA America Releases Statement On Brawl At BOA StadiumIndian Trail Planning To Take Control Of Town RoadsNASCAR Hall Of Fame Reveals Petty Inspired Piece Of HistoryBBB Alert: How To Protect Yourself From Moving ScamsMost PopularCornelius PD Confirms Diana Cojocari "Appears" To Have Left AmericaConcord Runaway Teen Found SafelyLake Norman Drowning Victim IdentifiedCMPD: Several Shootings In Last 24 Hours Could Be ConnectedThree Arrested In North Graham Street Homicide CaseContests Celebrate The Class Of 2024!FacebookWCCB, Charlotte's CW Formerly Twitter. Formerly Twitter. icons go here. 2024 WCCB Charlotte's CW.
Antoine Johnson and Kimberly Maddox pleaded guilty to fraudulently obtaining about 2 million in bank loans and COVID-19 relief funds for their moving business. They lied on over 30 loan applications with fabricated documents. The defendants face up to 30 years in prison and a 1 million fine.