Fraud Queen Caught in Jamaica | Phoenix News

A Florida woman, Elaine Escoe, once on the FBI’s most wanted list for fraud, was arrested in Jamaica and brought back to the U.S. She’s accused of being part of a $32 million scheme that exploited pandemic relief funds like PPP loans and grants by submitting fake applications with forged documents and fabricated payrolls. Allegedly, she and others funneled money through kickbacks—sometimes up to 50%—and laundered it among themselves. Escoe pleaded not guilty as of August 10th, becoming the last key suspect in this operation to be caught. Several co-conspirators have already been convicted or sentenced, including Alfred Davis, who received 19.5 years, signaling the government’s hardline stance against exploiting crises for profit. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/132ec5b49b9e6df0