Aaron Collins an Erie resident has been indicted by a federal grand jury. Collins has been charged with bank fraud and money laundering. He has been named as the sole defendant.
Collins had falsified applications for the Coronavirus Aid, Relief, and Economic Security (CARES) Act in order to secure funds. He used the funds acquired to make several transactions in which the law provides a total sentence of up to 40 years in prison, a fine of up to $1,250,000 or both.
Assistant United States Attorney Paul S. Sellers is prosecuting this case on behalf of the government. An indictment is an accusation. A defendant is presumed innocent unless and until proven guilty.