Close Menu
  • Home
  • COMMUNITY NEWS
  • LOCAL NEWS & EVENTS
  • SCHOOL NEWS
  • MILITARY NEWS
  • CRIME / PUBLIC SAFETY
  • THINGS TO DO
  • HEALTH & WELLNESS
  • HOME & GARDEN
  • NORTHWEST FLORIDA NEWS
  • FLORIDA NEWS
  • Contact
Facebook
Facebook X (Twitter) YouTube
Niceville.com
Niceville.com
Home»FLORIDA NEWS»Federal jury convicts Ocala man for COVID-19 relief fraud
FLORIDA NEWS

Federal jury convicts Ocala man for COVID-19 relief fraud

Niceville.comOctober 6, 20241 Min Read
Leather and Wood Chairs of the Jury Box in a Courtroom
Jury box. (File photo)

FLORIDA — A federal jury has convicted an Ocala man on six counts of wire fraud related to COVID-19 relief fraud.

Advertisement
Eglin Federal Credit Union auto loan ad with family and open road theme.

Niceville.com Community Partner

Henry Troy Wade, 47, faces up to 20 years in federal prison for each count, with sentencing scheduled for January 2025. The U.S. Attorney’s Office for the Middle District of Florida announced the verdict following Wade’s trial.

According to evidence presented during the trial, Mr Wade applied for 11 Economic Injury Disaster Loans (EIDLs) between April 2020 and March 2021, falsely claiming ownership of five businesses, including a restaurant, a farm, a child daycare, and two heating and air conditioning companies.

Five applications were approved, giving Wade $524,400 through four loans and two grants.

Advertisement
Deer Moss Creek® advertisement by Ruckel Properties, Inc. promoting available homes and lots.

Niceville.com Community Partner

However, testimony revealed that Mr Wade had misrepresented key details on his EIDL applications. He did not possess the necessary business licenses, never paid employment taxes, and had not registered the businesses with the IRS or the Florida Department of Revenue.

Additionally, Mr Wade is said to have inflated his reported business income by hundreds of thousands of dollars.

The United States Secret Service investigated the case, which is being prosecuted by Assistant U.S. Attorney Hannah Nowalk.

Advertisement
Eglin Federal Credit Union auto loan ad with family and open road theme.

Niceville.com Community Partner

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWest Palm Beach tax preparer banned from business, ordered to pay $85,000
Next Article Fort Lauderdale tax preparer shut down, ordered to pay $134,400

Related Posts

It's Geek to Me header illustration for weekly tech column by Jeff Werner

It’s Geek to Me: The real danger of weak and reused passwords

October 12, 2025
FDOT traffic advisory illustration, Northwest Florida

Roadwork, paving, and bridge work to affect Okaloosa, Walton

October 11, 2025
Walton County Sheriff’s Office emblem on the side of a patrol vehicle.

DeFuniak Springs man admits firing shots, arrested by Walton deputies

October 10, 2025
Advertisement
Eglin Federal Credit Union auto loan ad with family and open road theme.

Niceville.com Community Partner

Categories
  • COMMUNITY NEWS
  • CRIME / PUBLIC SAFETY
  • FLORIDA NEWS
  • HEALTH & WELLNESS
  • HOME & GARDEN
  • IT'S GEEK TO ME
  • LARRY WILLIAMS
  • LOCAL NEWS & EVENTS
  • MARKETPLACE NEWS
  • MILITARY NEWS
  • NORTHWEST FLORIDA NEWS
  • OUTDOORS
  • ROADS / TRANSPORTATION
  • SCHOOL NEWS
  • THINGS TO DO
Advertisement
Eglin Federal Credit Union auto loan ad with family and open road theme.

Niceville.com Community Partner

COMMUNITY PARTNERS
  • EGLIN FEDERAL CREDIT UNION
  • EYEWEAR UNLIMITED
  • HAIR EXPRESS
  • MIDBAY VETERINARY HOSPITAL
  • NICEVILLE FARMERS MARKET
  • NICEVILLE INSURANCE AGENCY
  • RUCKEL PROPERTIES, INC.
  • THE WHARF 850
Advertisement
The Wharf 850 Niceville, Florida

Niceville.com Community Partner

Categories
  • COMMUNITY NEWS
  • CRIME / PUBLIC SAFETY
  • FLORIDA NEWS
  • HEALTH & WELLNESS
  • HOME & GARDEN
  • IT'S GEEK TO ME
  • LARRY WILLIAMS
  • LOCAL NEWS & EVENTS
  • MARKETPLACE NEWS
  • MILITARY NEWS
  • NORTHWEST FLORIDA NEWS
  • OUTDOORS
  • ROADS / TRANSPORTATION
  • SCHOOL NEWS
  • THINGS TO DO
Advertisement
Eglin Federal Credit Union auto loan ad with family and open road theme.

Niceville.com Community Partner

Advertisement
Deer Moss Creek® advertisement by Ruckel Properties, Inc. promoting available homes and lots.

Niceville.com Community Partner

ABOUT NICEVILLE.COM

PRIVACY POLICY

TERMS OF SERVICE

© 2025 Niceville.com. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.