A federal judge has determined the penalty for a 52 year old woman formerly from Pierre convicted of Money Laundering.
Marietta Ravnaas, now from Miller, was sentenced to two years of probation, restitution in the amount of $8,200 to Commonwealth of Massachusetts, Department of Unemployment Assistance, and restitution in the amount of $12,100 to Washington State, Employment Security Department, and a special assessment to the Federal Crime Victims Fund in the amount of $100.
The conviction stemmed from incidents beginning on or about May 20, 2020, and continuing through November 18, 2020, when Ravnaas knowingly participated in a wire fraud scheme to fraudulently obtain CARES Act unemployment benefits.
On March 27, 2020, the CARES Act was enacted. It authorized approximately $2 trillion in aid to American workers, families, and businesses to mitigate the economic consequences of the COVID-19 pandemic. The CARES Act funded and authorized each state to administer new unemployment benefits.
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Former Pierre woman, now from Miller, sentenced for Money Laundering