Shamed former NYPD detective gets 4 years for ‘brazenly’ swindling federal loans in COVID-era fraud scheme
A former NYPD detective, John Bolden, was sentenced to four years in prison for his involvement in a COVID-era fraud scheme. He helped 65 clients secure fraudulent loans through the Paycheck Protection Program, attempting to swindle nearly $3 million in federal funds. Bolden was also ordered to pay restitution and forfeit a significant amount of money as part of his sentencing.
- ▪John Bolden was sentenced to four years in prison for orchestrating a COVID-era loan fraud scheme.
- ▪He helped 65 clients obtain fraudulent loans, attempting to swindle nearly $3 million from the federal government.
- ▪Bolden was ordered to pay $303,138 in restitution and forfeit $112,002.
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Metro Shamed former NYPD detective gets 4 years for ‘brazenly’ swindling federal loans in COVID-era fraud scheme By Daniel Cody Published June 3, 2026, 6:55 p.m. ET See more of our coverage in your search results. Add The New York Post on Google A disgraced ex-NYPD detective was slapped with four years behind bars Wednesday for his role in orchestrating an extensive COVID-era scheme, helping 65 clients secure fraudulent loans during the height of the pandemic. John Bolden, of Valley Stream, was ordered to pay $303,138 in restitution and forfeit $112,002, in addition to his prison stint, for attempting to swindle nearly $3 million in federal governments loan through the COVID-era Paycheck Protection Program, investigators said.
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