Prosecutors said Loloee, 55, pleaded guilty to conspiracy to obstruct a Department of Labor investigation, conspiracy to defraud the IRS, wire fraud, money laundering and three counts of false tax returns.
Prosecutors said Loloee and other coconspirators were aware that many of the supermarket staff did not have the legal authority to work in the United States. Prosecutors said Loloee took steps to discourage employees from complying with the investigation, such as telling them to lie about the aspects of their employment.
Prosecutors added that Loloee had two sets of books used to underreport his federal payroll tax and personal income tax. One book was used to submit filings to the IRS, and the other was called the "excess payroll," used to track hidden payments to undocumented workers and others, including himself, prosecutors said.
In 2021, prosecutors said Loloee fraudulently applied for a $2.2 million in COVID-19 relief from the Restaurant Revitalization Fund offered by the Small Business Administration. Loloee received $1.2 million and initiated the laundering of funds with 10 checks and moving the money through accounts he controlled, prosecutors said. The laundering was completed by transferring nearly $950,000 to a trust account under a family member's name.
He is scheduled for sentencing on Oct. 15. Each conviction comes with its own possible maximum sentencing, such as money laundering and wire fraud of up to 20 years for each count. However, the sentencing will take into account a number of variables.
Others charged in the scheme include store manager Karla Montoya, controller and financial auditor Mirwais Shams and human resources director Ahmad Shams. They are scheduled to go to trial on Sept. 28.
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