Phoenix officer resigns after being arrested on federal fraud charges for $1.2M loan

[AZProgressive]

A former Phoenix police officer is facing federal charges on suspicion of taking out a false loan during the pandemic and receiving $1,276,500 in government loans for a business that didn't have employees or a payroll.

According to a federal indictment, investigators found that former officer Toni Richardson and one other person submitted a fabricated application for the Paycheck Protection Program on behalf of a business and used the money intended for real businesses affected by the COVID-19 pandemic on personal expenses.

Richardson had submitted the false application on behalf of a social club, formally reported as a "charity for veterans" that she was the CEO, director, and president of, according to the indictment.

The Lotto Club was incorporated in May 2015 in Glendale, according to online Arizona Corporation Commission records. Though the club had no employees or payroll, the indictment alleges she knowingly submitted false reports, declaring 85 employees and an average monthly payroll ledger totaling over $500,000 on the application in February 2021.

https://www.azcentral.com/story/news/local/phoenix-breaking/2021/12/08/phoenix-officer-toni-richardson-facing-federal-fraud-charges-loan/6442053001/?utm_campaign=snd-autopilot&cid=twitter_azcentral

[Deuxcents]

1. No worries

Plenty of offers from other counties.. just have to relocate where no one knows your name.


Sorry.. I’m getting old n cynical. I actually hate it how I feel at times.

[TexasTowelie]

2. I'm reading a different article about this alleged crime and noted that an internal investigation is

not being conducted by the Phoenix PD since the officer has resigned. $225.,000 of the loan went to her business partner rather than employee pay checks. Here is the article: https://www.phoenixnewtimes.com/news/phoenix-cop-toni-richardson-faces-federal-charges-over-alleged-fraudulent-12-million-ppp-loan-12586206

Toni Richardson sounds like a total sleazeball and I'm glad that she was caught and indicted. Among her crimes were producing a fake set of books to justify receiving the PPP loan which demonstrates her criminal intent. She has forfeited her reputation and should be ineligible to work with any law enforcement organization. Lock her up!