RICHMOND, Va. — Two active-duty U.S. Army soldiers have pleaded guilty, and a third has been indicted, in connection with a scheme to obtain fraudulent Paycheck Protection Program (PPP) loans while stationed at Fort Gregg-Adams, federal authorities announced Wednesday.
Major Eduwell Jenkins, 42, and Sergeant Malaysia Stubbs, 30, both admitted to defrauding the Small Business Administration (SBA) in 2021 by falsely claiming to operate businesses that generated over $100,000 in annual income. Separately, Sergeant First Class Crispin Antonio Abad, 42, was charged in an eight-count indictment with obtaining two fraudulent loans totaling over $41,000 through similar misrepresentations.
Court records show that Jenkins and Stubbs fabricated IRS tax return forms to support their PPP applications but never submitted those forms to the IRS for legitimate tax purposes. Each received more than $20,000 in government-backed loans to which they were not entitled.
According to the indictment, Abad falsely claimed to own a pie-selling business called “Granny’s Delight,” reporting $100,000 in income for 2020. He allegedly used the fraudulently obtained funds for personal expenses, including purchases at Victoria’s Secret, Sunglass Hut, the Fort Gregg-Adams Golf Course, Ace Adventure Resort, and the Virginia ABC Store. The indictment also accuses Abad of using the funds to buy jewelry, make cash withdrawals at the MGM Casino in Maryland, and pay for other recreational and luxury expenses.
Jenkins and Stubbs are scheduled for sentencing in March 2025, each facing up to five years in prison. If convicted, Abad faces a maximum of 20 years. Sentencing decisions will be made by a federal district court judge based on the U.S. Sentencing Guidelines and other statutory factors