WASHINGTON — A federal jury convicted a Seattle doctor Thursday of fraudulently seeking over $3.5 million in COVID-19 relief funds.
According to court documents and evidence presented at trial, Eric R. Shibley submitted several fraudulent Paycheck Protection Program and Economic Injury Disaster Loan applications.
In the applications, Shibley falsified the number of employees and payroll expenses and concealed his own criminal history. He also submitted fake tax documents and the names of purported employees who did not work for the businesses for which Shibley claimed they worked.
As a result of the fraud, Shibley received over $2.8 million in COVID-19 relief funds.
Shibley was convicted of multiple counts of wire fraud, multiple counts of bank fraud and money laundering. He is scheduled to be sentenced on Feb. 22, 2022, and faces 20 years for each count of wire fraud, 30 years for each count of bank fraud and 10 years for money laundering.