NYPD OFFICER INDICTED FOR GRAND LARCENY IN COVID-19 LOAN FRAUD SCHEME

 

Defendant Received $40,250 in Paycheck Protection Program Loans For a Non-Existent Business 

Bronx District Attorney Darcel D. Clark announced that a New York City Police Officer was indicted on Grand Larceny, Falsifying Business Records and other related charges for fraudulently obtaining loans intended to help small businesses during the COVID-19 pandemic. 

District Attorney Clark said, “This defendant is accused of falsely applying for and receiving tens of thousands of dollars in loans that were earmarked for small businesses struggling to survive during the COVID-19 pandemic. The allegations are especially egregious given that he is a police officer.” 

District Attorney Clark said that the defendant, Edward Delgado, 41, who was assigned to the 41st Precinct, was arraigned on February 9, 2026, on two counts of thirddegree Grand Larceny, two counts of fourth-degree Grand Larceny, two counts of thirddegree Criminal Possession of Stolen Property, two counts of fourth-degree Criminal Possession of Stolen Property, two counts of first-degree Falsifying Business Records and two counts of first-degree Offering a False Instrument for Filing before Bronx Supreme Court Justice Pamela Goldsmith. Delgado was released on his own recognizance. He is due back in court on April 13, 2026.

According to the investigation, from February 2021 to April 2021, the defendant applied for two loans of $20,125 each through the Paycheck Protection Program that was being run by the U.S. Small Business Administration, falsely claiming to own a security business. Bank records show that a total of $40,250 was deposited into the defendant’s account between February and April of 2021. He allegedly used those funds to pay bills.

District Attorney Clark thanked NYPD Sergeant Miguel Abreu and Lieutenant Myles McKenna from the Internal Affairs Bureau, and Special Agent Manuel Zoquier of the IRS Internal Revenue Service - Criminal Investigation for their work in the investigation.

An indictment is an accusatory instrument and not proof of a defendant’s guilt.