DE PERE, WI (WTAQ-WLUK) – The case against four people indicted in a fraud and conspiracy scheme that prosecutors say cost victims $1.5 million remains on hold as two of the defendants arrange for representation.
Federal prosecutors say Chad Schampers, Gina Schampers, Nathaniel Smith, and Jeffrey O’Brien operated or worked at Summit Contracting Inc.
A federal judge in Milwaukee held a status conference Tuesday. Smith has an attorney, and an attorney agreed Tuesday to represent O’Brien. The Schampers will update the judge May 10 on their efforts to hire counsel.
Prosecutors allege they convinced customers to unknowingly apply for high-interest financing based on false information, and sign forms which falsely stated work on home remodeling projects had already been completed. The four are also accused of withdrawing funds from customers’ accounts before doing any work, or, in some cases before supplies had even been ordered.
All four are charged with conspiracy to commit wire and bank fraud, and nine counts of wire fraud.
Meanwhile, Chad Schampers is also charged with wire fraud and money laundering for allegedly fraudulently applying for Paycheck Protection Program loans.
Prosecutors allege Schampers asked for about $300,000 in forgivable loans. PPP was part of the federal COVID-19 relief program approved in spring 2020. It was intended for businesses to use to help cover costs related to pandemic shutdowns.
The indictment alleges Schampers used the money for personal expenses, including buying a home and putting money into his personal account.
