Hancock County man faces federal indictment for wire fraud

A federal grand jury has returned an indictment charging Randy Bond, 52, of Fortville, with one count of wire fraud.

Bond made his initial appearance in federal court on September 16. This case was brought as part of the Trump Administration’s Task Force to Eliminate Fraud.

According to court documents, between July 4, 2020, and October 13, 2021, Bond allegedly carried out a scheme to defraud the federal government by submitting fraudulent Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) applications. In these submissions, Bond falsely claimed to own a car wash and automotive repair business generating substantial revenue, as well as a pet care business with significant monthly payroll expenses.

Bond allegedly applied for two EIDLs and two PPP loans, ultimately receiving approximately $101,333. He is accused of using the funds for personal expenses, including purchases at Best Buy and Total Wine.

During the period of the alleged fraud, Bond was employed full-time by the U.S. Department of Veterans Affairs as a field examiner, working with veterans who required fiduciary support. His responsibilities included meeting with veterans and their fiduciaries to ensure veterans were receiving proper care and reviewing accounting documentation when necessary.

The United States Small Business Administration and the Department of Veterans Affairs – Office of Inspector General investigated this case.