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Press Release

Nevada Man Sentenced to Federal Prison for Stealing Covid Relief Funds

For Immediate Release
U.S. Attorney's Office, District of Oregon

PORTLAND, Ore.—A Nevada man with a lengthy criminal history was sentenced to federal prison today for stealing more than $163,000 in Covid relief program funds while on supervised release for two separate state criminal convictions.

Justin David Goulet, 36, of Las Vegas, Nevada, was sentenced to 27 months in federal prison and three years’ supervised release. He was also ordered to pay $163,100 in restitution to the U.S. Small Business Administration (SBA).

According to court documents, in late December 2020, Goulet was released from Oregon state prison after completing concurrent sentences for felony forgery and theft. Less than four months after his release from prison, in April 2021, Goulet devised a scheme to defraud SBA of funds appropriated by Congress to help businesses during the Covid-19 pandemic. Specifically, Goulet applied for two Economic Injury Disaster Loans (EIDLs) and successfully obtained one for $163,100.

To support his fraudulent applications, Goulet registered a straw company called Statement Venture Group, LLC, and falsely claimed to be doing business as an independent contractor while imprisoned in 2019. He further submitted bogus tax filings, including one purportedly created by a New York accounting firm, to the SBA to substantiate robust (and fictional) revenues and payrolls. Goulet used most of the $163,000 he obtained on travel, living expenses, cars, and illegal drugs.

On February 8, 2022, a federal grand jury in Portland returned an indictment charging Goulet with wire fraud and, on August 30, 2022, he pleaded guilty.

This case was investigated by the SBA Office of Inspector General and the FBI. It was prosecuted by Ryan W. Bounds, Assistant U.S. Attorney for the District of Oregon.

Since January 2021, more than 50 people have been charged in the District of Oregon for their roles in fraud schemes targeting federal Covid relief programs. Together, these defendants attempted to steal more than $778 million in federal funds. 23 individuals have been convicted for their crimes and sentenced to a combined total of 477 months in federal prison and 894 months of probation and/or supervised release. 

Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Justice Department’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at:

Updated April 4, 2024