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USAID Officer Faces Fraud Charges for Fake Company Scheme

May 10, 2025 | Business, Government, Law

Yusuf Akoll, a Senior Procurement Contract Specialist at USAID, was charged with fraudulently obtaining coronavirus benefits. Akoll created a fake company, Naagode Consulting LLC, and applied for Paycheck Protection Program (PPP) loans amounting to $16,666. He falsely claimed the company existed before February 2020 and had income in 2019, which it did not. These actions resulted in receiving money he was not entitled to. Facing accusations, Akoll is expected to enter a plea deal in Washington, D.C. federal court.

Tags #Business, #Government, #Law

Lucem News Editor’s Opinion: Looks like Biden’s “Build Back Better” program also includes rebuilding your bank account—through fraud. Nothing says “government accountability” like a USAID officer inventing a company to skim pandemic cash.

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