WASHINGTON – A Rye ophthalmologist who faced a previous federal indictment for healthcare fraud offenses in November 2019, has been charged in a superseding indictment with fraudulently obtaining government-guaranteed loans intended to help small businesses during the COVID-19 pandemic while he was on pretrial release.
According to Goyal’s website, he also has an office in Wappingers Falls.
Under the rules of the Paycheck Protection Program administered by the US Small Business Administration, Ameet Goyal, MD and the medical practice he owned were ineligible for PPP relief due to his pending criminal charges.
In April 2020, in order to gain access to PPP funding, Goyal falsely represented on two separate applications that he was not subject to any pending indictment.
The PPP also limited each business to one loan, with a maximum loan amount, and required applicants to certify that they have not and will not receive another PPP loan until December 31, 2020.
While making that certification, the feds say Goyal circumvented the single-loan requirement by submitted two separate applications, with different business names, email addresses, business identification numbers, and loan amounts, for the same underlying medical practice, while disclaiming on each application that he owned any other business.
Due to his misrepresentations, he successfully obtained two PPP loans totaling over $630,000.