Date: August 19, 2022 Contact: newsroom@ci.irs.gov Wichita, KS — A federal grand jury in Wichita indicted a Kansas man on multiple charges for alleged crimes related to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is a federal law providing financial relief to businesses suffering economic losses because of the COVID-19 pandemic. Under the CARES Act, the Small Business Administration (SBA) is authorized to grant businesses forgivable loans for payroll, utilities, rent, and other expenses through the Paycheck Protection Program (PPP). According to court documents, Timothy Dale Warren, of Haysville is charged with four counts of bank fraud, two counts of money laundering, and four counts of false statements. Warren, a chiropractor, is accused as owner of Titan Medical Center LLC of fraudulently obtaining PPP loans totaling approximately $145,800 from two banks then allegedly using a third bank to conceal the proceeds. U.S. Attorney Duston Slinkard of the District of Kansas made the announcement. The U.S. Department of the Treasury – Internal Revenue Service, Criminal Investigations, the U.S. Department of Defense- Defense Criminal Investigative Service and Defense Contract Audit Agency, and the U.S. Department of Health and Human Services – Office of Inspector General are investigating the case. Assistant U.S. Attorney Aaron Smith is prosecuting the case. An indictment is merely an allegation and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
