How a Business Owner’s $1.6 Million CARES Act Fraud Led to Prison

by | Jul 3, 2025

When financial struggles hit, it’s tempting to cut corners. But a recent case proves that taking the wrong path can lead to devastating consequences.

Shawn Ray Murnan, a business owner from Florida with ventures across several states, was sentenced to 33 months in federal prison for submitting false loan applications to the SBA. Between 2020 and 2021, Murnan filed 14 fraudulent applications, falsely claiming employees and inflating payroll to receive over $1.6 million in COVID relief funds. He even requested loan forgiveness. Now, he’s behind bars and must repay every dollar.

While most taxpayers won’t face charges this severe, this story highlights an important truth: acting early and honestly is the best strategy.

At TaxWorx, we help troubled taxpayers resolve their issues legally and ethically. If you’re behind on your taxes or facing financial hardship, contact us before the IRS comes knocking. There are solutions—don’t wait until it’s too late.

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The sooner you reach out, the more options we can put on the table—and the more control you’ll have over the outcome. Call TaxWorx at (817) 241-4120 for a private, no-pressure consultation.

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