A Rochester man has pleaded guilty to wire fraud, U.S. Attorney Trini E. Ross announced Friday. The charge carries a maximum penalty of 20 years in prison and a $250,000 fine.
Prosecutors say Taylor, owner of Data Brilliance Software LLC, fraudulently obtained $1.5 million in Payroll Protection Program loans between July 2020 and August 2021. He falsely claimed to have 87 employees with a $607,000 monthly payroll, when in reality, his company had only one employee paid $10,000 for the year. Taylor used the funds for personal expenses.
The plea is the result of an investigation by the Federal Bureau of Investigation, under the direction of Special Agent-in-Charge Matthew Miraglia, and the Internal Revenue Service Criminal Investigations Division, under the direction of Special Agent-in-Charge Harry Chavis.
Sentencing is scheduled for June 11, 2025, at 1:00 p.m. before Chief Judge Wolford.
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