MILICA FROM CHICAGO STOLE MILLIONS: Serbian woman ends up on Trump’s list of the most dangerous criminals!

A Serbian woman from Chicago, Milica Šumaković, is on the blacklist of the worst criminals of U.S. President Donald Trump. She was sentenced to a year and a half in prison for insurance billing fraud. This was intended as assistance to small businesses that suffered major financial losses during the Covid pandemic.

Milica Šumaković, a Serbian woman from Chicago, was sentenced to a year and a half in prison for participating in organized fraud in the United States.

The arrested Serbian woman Milica Šumaković obtained more than 16 million dollars in loans and grants for small businesses under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which landed her on the blacklist of the President of the United States, Donald Trump.

Milica Šumaković was among seven defendants before the U.S. District Court in Chicago for participating in a scheme that submitted more than 300 false applications seeking over 40 million dollars in benefits from the Economic Injury Disaster Loan Program (EIDL).

As a source of relief under the CARES Act, the EIDL program was intended to provide assistance in the form of loans or grants to cover working capital and other operating expenses for legitimate businesses that suffered revenue losses as a result of the Covid-19 pandemic.

Milica Šumaković and her accomplices claimed they were company owners

Šumaković and her accomplices claimed in their applications that they were owners and operators of various businesses in Illinois and Florida.

The applications and accompanying documentation contained materially false representations about the defendants’ alleged companies, including the number of employees and revenue amounts. The defendants’ scheme caused the U.S. Small Business Administration (SBA) to pay out more than 16 million dollars in fraudulent benefits. Šumaković personally submitted and assisted accomplice Marko Nikolić in submitting eighteen false applications seeking more than 2.6 million dollars in benefits.

Šumaković (33), of Chicago, pleaded guilty last year to a federal charge of wire fraud. U.S. District Judge Nancy L. Maldonado sentenced Šumaković on April 25, 2024, to 18 months in federal prison and ordered her to pay 1.68 million dollars in restitution to the SBA.

Milica and two other defendants pleaded guilty

Marko Nikolić (36), of La Grange, Illinois, and Branko Aleksić (34), of Chicago, pleaded guilty to wire fraud and money laundering.

Marko Nikolić was sentenced to four years and two months in prison and ordered to pay 6.9 million dollars in restitution, while Aleksić was sentenced to two years and eleven months in prison and ordered to pay 575,000 dollars in restitution.

Four defendants on the run

The remaining four defendants — Maja Nikolić (36) of Brookfield, Illinois, Nebojša Simeunović (38) of Lyons, Illinois, Mihajlo Stanišić (34) of Willowbrook, Illinois, and Đorđe Todorović (33) of Chicago — are considered fugitives and may currently be abroad. Arrest warrants have been issued for them.

NADA JE BIVŠA ŠAMPIONKA KOJA SE BORI ZA OPSTANAK SVOG LEGENDARNOG KLUBA: U Čikagu su joj pomogli i srpski sveštenici, koji su s njom igrali stoni tenis! (VIDEO)

Explanation of the verdict

The sentences were announced by Morris Pasqual, Acting United States Attorney for the Northern District of Illinois; Sean Fitzgerald, Special Agent in Charge of Homeland Security Investigations (HSI) in Chicago; Heather M. Hill, Acting Inspector General of the Treasury Inspector General for Tax Administration (TIGTA); Justin Campbell, Special Agent in Charge of IRS Criminal Investigation (IRS-CI) in the Chicago Field Office; and Hannibal Ware, Inspector General of the U.S. Small Business Administration. The government was represented by Assistant U.S. Attorneys Kavita J. Babu and Brian Hayes.

“The assistance programs offered by the CARES Act were designed to help small businesses struggling to survive the Covid-19 pandemic. Our office is committed to working with our law enforcement partners to eradicate abuse of these vital programs and to hold accountable anyone who attempts to fraudulently profit from them,” said Acting U.S. Attorney Pasqual.

“This sentence is an excellent example of what can be achieved when federal and local law enforcement agencies work together. We will continue to work tirelessly to investigate criminals who attempt to exploit the United States government and to bring them to justice,” said HSI SAC Fitzgerald.

“The sentence imposed on Šumaković underscores the federal government’s commitment to holding accountable individuals who defrauded vital programs that served as a lifeline for businesses during the pandemic. Make no mistake: CI and its law enforcement partners remain steadfast in their commitment to holding accountable fraudsters who exploited Covid relief programs for personal gain,” said IRS-CI SAC Campbell.

Trump presented the list of the worst criminals as a major success of his administration and spoke about these fraudsters at a press conference he held on the occasion of the first year of his term in office.