Eleven Kansas City-area residents face federal charges in a 21-count indictment unsealed on October 28, 2026, for allegedly conspiring to secure over $400,000 in fraudulent Paycheck Protection Program loans, KCTV5 reported.
The Mechanics of the Alleged PPP Conspiracy
According to the 21-count indictment filed in federal court, 54-year-old Gerri Jackman orchestrated the operation. Jackman allegedly prepared and filed false loan applications on behalf of ten co-conspirators, creating fake IRS forms for non-existent businesses and inflating revenue streams for legitimate ones to clear program thresholds.
Investigators state that Jackman collected about $2,000 from each loan for her assistance in completing the application process.
All but one of the borrowers named in the indictment received two separate PPP loans valued at $20,833 each. A single defendant received a combined total of $50,000 across two distributions, consisting of one $20,833 loan and another for $29,166.
Federal prosecutors have outlined specific charges corresponding to the alleged roles of each participant:
- Gerri Jackman: Charged with one count of conspiracy and 20 individual counts of wire fraud.
- Gabriel Briones (32): Charged with conspiracy and aiding and abetting wire fraud.
- Michael Davis (31): Charged with conspiracy and aiding and abetting wire fraud.
- Christopher Jackman (37): Charged with conspiracy and aiding and abetting wire fraud.
- John Jackman (35): Charged with conspiracy and aiding and abetting wire fraud.
- Antonio O’Field (35): Charged with conspiracy and aiding and abetting wire fraud.
- Rahonda Pitts (46): Charged with conspiracy and aiding and abetting wire fraud.
- Adrian Smith, also known as Adrian Truth (39): Charged with conspiracy and aiding and abetting wire fraud.
- Ayshawn Smith (39): Charged with conspiracy and aiding and abetting wire fraud.
- Flora Stevenson (50): Charged with conspiracy and aiding and abetting wire fraud.
- Victoria Townsend (33): Charged with conspiracy and aiding and abetting wire fraud.
Court filings dictate that each of the 11 defendants is currently facing a mandatory restitution assessment of $41,666 to repay the government funds distributed through the scheme.
