CHARLOTTE, N.C. – A federal grand jury in Charlotte indicted a Catawba County man for charges related to applying for multiple business loans intended to assist businesses impacted by the coronavirus pandemic and bank robbery charges, according to a news release.
Spenc’r Rickerson, 35, of Claremont is accused of using false information to apply for multiple business loans including the Paycheck Protection Program (PPP) loan and multiple Economic Injury Disaster Loans (EIDL) guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) act.
Spencr’ Rickerson
A news release revealed that Rickerson submitted multiple fraudulent applications for a fabricated company’s payroll costs. Rickerson allegedly received over $74,200 in fraudulent funds intended to assist businesses impacted by the coronavirus pandemic.
Additionally, it was reported that Rickerson robbed a BB&T bank on March 18, 2021, near North Main Avenue in Newton, N.C., and is accused of using the stolen funds to pay bills and purchase cryptocurrency, according to a news release.
Rickerson is currently in federal custody and facing charges with a maximum penalty of 20 years for wire changes and 25 years for bank robbery charges. Both charges include a $250,000 fine.
