From the Justice Department:
Allison Marie Baver, 41, of Taylorsville, has been charged with nine federal criminal counts related to making false statements on loan applications to obtain funds obtained through the Small Business Administration’s Paycheck Protection Program (PPP).
In the indictment, Baver is charged with eight counts of making a false statement to a bank and one count of money laundering.
According to the allegations contained in the federal indictment, Baver is the listed owner and agent for Allison Baver Entertainment, LLC, and submitted eight PPP loan applications from April 13, 2020, through April 26, 2020 to Northeast Bank and Meridian Bank.
In each of the loan applications, Baver allegedly sought 10 million dollars of PPP loan funding for her entertainment company. However, prosecutors allege that Baver falsely stated in each loan application that ABE’s average monthly payroll was between $4,000,000 to $4,769,583, when ABE had no average monthly payroll; and, that ABE had between 100 to 430 employees, when ABE had no employees.
Prosecutors also allege that these false statements resulted in Baver fraudulently obtaining 10 million dollars in PPP loans from Meridian Bank, and that Baver accepted that money and transferred it to a separate bank account where she began using a portion of the funding to invest in a movie.
The New York Post reports:
Allison Marie Baver, who won the bronze medal as part of Team USA’s 3000-meter women’s relay team in Vancouver in 2010, was charged Wednesday with money laundering and eight counts of making a false statement to a bank, according to the US Attorney’s Office for the District of Utah.
Following her speedskating career, the Utah woman launched Allison Baver Entertainment, which bills itself as a “purpose-driven” film and television production company. Baver, who retired from skating in 2017, launched her company two years later, according to the Salt Lake Tribune.
— New York Post (@nypost) December 20, 2021