According to the government, in truth and in fact, Dock Wireless had no employees and no wages were ever paid by Dock Wireless.īutziger admitted that he conspired with Staveley who himself allegedly submitted three fraudulent bank loan applications for SBA loans under the PPP totaling $438,577. The loan application was in the amount of $105,381.50 and fraudulently represented that Dock Wireless had 7 employees and an average monthly payroll of $42,152.60. Contact: – A Warwick man today admitted to a federal court judge that he participated in a conspiracy with a Massachusetts man to submit fraudulent bank loan applications to a Rhode Island bank in an effort to obtain hundreds of thousands of dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress to assist businesses impacted by the pandemic.ĭavid Andrew Butziger admitted that he conspired with David Adler Staveley, aka Kurt David Sanborn, aka David Sanborn of Andover, MA, to seek forgivable loans guaranteed by the SBA, claiming to have dozens of employees earning wages at four different business, three restaurants and an electronics business, when, in fact, there were no employees working for any of the businesses.īutziger admitted that he submitted a loan application to BankNewport under the federal Paycheck Protection Program (PPP), part of the CARES Act passed by Congress on March 29,2000, on behalf of an unincorporated entity that he called Dock Wireless.
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