BECKLEY, W.Va. – Mark William Bailey, 51, of Beckley, was sentenced on Friday, October 25, 2024, to five years of federal probation, including one year on home detention, and ordered to pay $451,237.51 in restitution for theft of government monies. Bailey admitted to stealing approximately $451,237.51 in COVID-19 relief loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Bailey has fully paid the restitution and an additional $451,237.98 as a civil penalty to settle False Claims Act allegations.
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Beckley Man Sentenced for COVID-19 Relief Fraud
