Jennifer May, a 43-year-old resident of the District of Columbia, has pleaded guilty to participating in a scheme that defrauded the U.S. Government out of $1.5 million through the Economic Injury Disaster Loan (EIDL) program. The announcement was made by U.S. Attorney Jeanine Ferris Pirro.
May entered her plea to one count of wire fraud before U.S. District Court Judge Christopher R. Cooper, who set sentencing for December 9, 2025. As part of her plea agreement, May is required to repay the $1.5 million to the United States.
Court documents state that May founded and owned Next Level Partners LLC, a consulting firm focused on campaign finance compliance and accounts payable management for political campaigns.
In October 2021, May submitted a request for an additional $1.5 million in EIDL funds for her company, modifying an earlier application. The EIDL program was created by the U.S. Small Business Administration during the COVID-19 pandemic to provide low-interest loans intended as working capital for small businesses facing financial hardship due to the crisis.
May falsely stated on her loan applications that all proceeds would be used solely for business purposes related to Next Level Partners LLC. However, she diverted these funds toward cryptocurrency speculation and unrelated personal and business expenses.
The investigation was conducted by the U.S. Postal Inspection Service and is being prosecuted by Assistant U.S. Attorney Will Hart from the Fraud, Public Corruption, and Civil Rights Section.
“Jennifer May, 43, of the District of Columbia, pleaded guilty today to her role in a scheme that defrauded $1,500,000 in Economic Injury Disaster Loans (EIDL) from the U.S. Government,” announced U.S. Attorney Jeanine Ferris Pirro.
