Convicted of Pandemic Fraud, His Companies Changed Hands. They Didn't Close.
Indicted for pandemic fraud, Wilson Alfredo Olivera Borda divorced his wife and signed his five companies over to his girlfriend. He pleaded guilty, then married her.
- Case
- United States v. Wilson Alfredo Olivera Borda — E.D.N.C. No. 5:24-CR-00215-BO
- File ref.
- 2026-BB-01
- Prepared
- 20 July 2026
- Subject
- Post-conviction proxy insurance operation; § 1033 prohibition; false statements to the court
Wilson Alfredo Olivera Borda pleaded guilty to nine counts of wire fraud (18 U.S.C. § 1343) for obtaining $1,051,761 in pandemic-relief funds through fraudulent applications for five entities, and was sentenced on 27 March 2025 to time served and 60 months' supervised release with a forfeiture money judgment.
Rather than divesting, the subject transferred the same insurance and realty entities to his associate and now-spouse, Perla Yamin Olivera, and continues to operate the business through her as a proxy — conduct barred to him under the § 1033 industry prohibition and his supervised-release conditions.
North Carolina Secretary of State filings show every entity was transferred to the co-subject, not dissolved — contradicting the subject's sworn statement at sentencing that he had “lost” his companies. Whether that statement is perjury is an allegation; the transfer itself is documented.
The co-subject's producer licenses in four states carry conflicting domicile declarations — Mexico on the North Carolina resident filing, United States on the Tennessee, South Carolina and Virginia filings — stated on her own applications.
Commissions flowing through the carrier appointments held in the co-subject's name would be proceeds of the prohibited operation (money-laundering exposure); a June 2025 marriage against a concurrent-marriage history implicates marriage-fraud and immigration statutes.
- Federal case
- E.D.N.C. No. 5:24-CR-00215-BO
- Also known as
- Wilson Alfredo Borda · Wilson Alfredo Olivera (concurrent dual identities)
Convicted, nine counts of wire fraud (§ 1343); $1,051,761; sentenced 27 Mar 2025 — 60 months' supervised release and a forfeiture money judgment.
Wake County domestic-violence protective order (2013): findings of fact include that the parties' minor child was conceived by non-consensual sex, with further findings reciting threats of violence. Complainant protected.
Continues in the business of insurance through a proxy while a § 1033 prohibited person, and made a false allocution at sentencing.
A commercial database report records two identities operated concurrently in North Carolina — Wilson Alfredo Olivera and Wilson Alfredo Borda — each carrying its own Social Security number, with a North Carolina driver's licence number attached to the first. The report states in terms that the subject “has two identities that he [is] using concurrently.” The underlying document is held rather than published: it states both numbers in full, together with dates of birth, residential addresses and the names of third parties who are not subjects of this case.
One of those Social Security numbers is the misappropriated number of a protected Puerto Rico–domiciled U.S. citizen, used to obtain citizen-gated credentials, financing and corporate registrations. All identifiers of the protected party are withheld and will not be published.
- Producer
- Active resident & non-resident licenses in four states (NC, TN, SC, VA)
- Domicile (filings)
- NC resident app: Mexico — TN/SC/VA apps: United States
- Name change
- Hernandez → Olivera (Wake County, 2019)
Sole member / registrant of the transferred entities; holds producer licenses across four states; her own filings state conflicting domicile countries.
Serves as proxy owner enabling the primary subject's continued operation; at least one domicile declaration is therefore a misrepresentation.
Identity-theft victim. A Puerto Rico–domiciled U.S. citizen whose Social Security number was misappropriated. Referenced only to establish misuse of a real person's identifiers; name and all identifiers withheld and never to be published.
Protective-order complainants. Two Wake County protective-order matters (2013, 2019) appear in the court record. Complainants are protected; details beyond the cited findings are not reproduced here.
Nine accusations the preparer contends are presently supported by the documentary record, each with governing statute, maximum penalty and factual basis. Each is an allegation pending charge and adjudication; the underlying facts are drawn from the cited public filings, transcripts and licensing records.
Engaged in the business of insurance while a prohibited person — a felon convicted of an offense involving dishonesty — without the written consent of the state insurance regulator.
Basis: Conviction (E.D.N.C. 5:24-CR-00215-BO) + operational records.
Permitted a prohibited person — the primary subject — to engage and participate in the business of insurance.
Basis: NC Sec. of State filings + operational records.
Testified falsely under oath at sentencing (27 Mar 2025) that he had “lost” his companies, when he had transferred their registrations to the co-subject.
Basis: Sentencing transcript vs. NC Sec. of State filings.
Declared under oath at a 2013 Wake County deposition that he invented a nine-digit number “out of his head,” when it was in fact the misappropriated Social Security number of a real Puerto Rico–domiciled U.S. citizen (identity protected).
Basis: Deposition transcript, 16 Oct 2013.
Agreed and acted to evade the insurance ban, operate a proxy insurance business, and place entities beyond the reach of the federal money judgment.
Basis: Preparer's analysis of filings, timing and appointments.
Conducted financial transactions involving the proceeds of the proxy insurance operation — commission payouts from carrier appointments.
Basis: NAIC appointment records; preparer's analysis.
Entered a June 2025 marriage for the purpose of evading immigration laws and securing an immigration benefit for the co-subject.
Basis: Marriage record; name-change and marital history.
Committed new federal felonies — perjury, conspiracy and insurance-ban violations — during the active 60-month supervised-release term.
Basis: Judgment (supervised-release terms) + the above.
Declared a false country of domicile (Mexico) on the North Carolina resident producer application to bypass standard U.S. resident background and lawful-presence checks.
Basis: NC resident producer application vs. TN/SC/VA filings.
| Entity | Counts | Amount | Finding |
|---|---|---|---|
| Ameriserv LLC | 1st, 2nd + EIDL | $378,820 | Active retail agency; funds forgiven. |
| The Insurance Centers.com Inc. | Count 1 | $92,122 | Paper trade name; no separate staff. |
| The Insurance Centers LLC | Counts 2–3 | $250,635 | Claimed 18 employees; fabricated 2019 Form 940. |
| Realty Vestors LLC | Counts 4–5 | $312,507 | Claimed 15; fabricated Form 1120; true wage reports zero. |
| US-Kaizen LLC | Counts 6–7 | $74,530 | Claimed 2; fabricated Form 940. |
| Ecobuild LLC | Counts 8–9 | $321,967 | Claimed 15; fabricated quarterly Form 941s. |
| Total secured | $1,430,581 | Convicted proceeds $1,051,761 + Ameriserv $378,820. |
The nine counts of conviction rest on $1,051,761 in charged proceeds (the forfeiture/restitution figure); the $1,430,581 aggregate is the preparer's total-funding estimate.
| Entity | Formed | Now registered to |
|---|---|---|
| Ameriserv LLC | 2006 | Perla Olivera — sole member & registered agent |
| The Insurance Centers LLC | 2018 | Perla Olivera |
| US-Kaizen LLC | 2017 | Perla Yamin Olivera |
| TWHE LLC | 2018 | Perla Olivera |
| The Bee Maids LLC | 2016 | Perla Y. Olivera |
US-Kaizen LLC was named by DOJ as a PPP-fraud entity with “little or no operations and no employees,” yet remains current-active under the co-subject's name. The co-subject also filed an assumed-name (DBA) registration for Ameriserv LLC operating as The Bee Maids.
| State | License | Exam | Domicile declared |
|---|---|---|---|
| North Carolina | Resident | Qualified | Mexico |
| Tennessee | Non-resident | Waived (recip.) | United States |
| South Carolina | Non-resident | Waived (recip.) | United States |
| Virginia | Non-resident | Recip. (NC) | United States |
The domicile entries are taken directly from the co-subject's own state filings; they cannot both be true. The out-of-state licenses issued by reciprocity from the NC resident license (exams waived), so a defect in the parent license taints the network.
The operation was not wound down — only its nominal owner changed. Across the transfer the business phone, the email domain (principal@ → ceo@), the website, the carrier relationships (67+ appointments) and the workforce held constant.
| ID | Item | Source | Document | Status |
|---|---|---|---|---|
| E-001 | Federal indictment | E.D.N.C. 5:24-CR-00215-BO (public docket) |
Read →
PDF · 19pp · 2.9 MB
|
Fact |
| E-002 |
Excerpt of sentencing transcript, 27 March 2025
Contains the allocution the perjury allegation rests on.
|
E.D.N.C. 5:24-CR-00215-BO, Document 49, filed 18 Jul 2025 — before Boyle, J. |
Read →
PDF · 8pp · 206 KB
|
Fact |
| E-007 | Judgment — supervised release terms | E.D.N.C. 5:24-CR-00215-BO |
Read →
PDF · 2pp · 52 KB
|
Fact |
| E-003 | Secretary of State transfer filings | NC Sec. of State business registrations | Not published | Fact |
| E-004 | Multistate producer-license records | NAIC / state DOI lookups (NC, TN, SC, VA) | Not published | Fact |
| E-008 | Pre-trial release order | E.D.N.C. 5:24-CR-00215-BO-RN (public docket) |
Read →
PDF · 4pp · 3.0 MB
|
Fact |
| E-009 |
Deposition of Wilson Alfredo Olivera, 16 October 2013
Two Social Security numbers redacted. The testimony around them is unaltered, including the exchange the false-declaration allegation rests on.
|
Olivera v. Esposito, Wake County 13 CVD 1559 — Pace Reporting Service |
Read →
PDF · 337pp · 4.2 MB · redacted
|
Fact |
| E-010 |
Name change, 19SP2670
One nine-digit identifier and two personal telephone numbers redacted.
|
Wake County, 28 Oct 2019 |
Read →
PDF · 19pp · 4.0 MB · redacted
|
Fact |
| E-011 |
PPP loan schedule
Published whole. Sixteen loans across nine entities and one individual, with the borrower address on each — five of them the same address.
|
SBA disclosure |
Read →
PDF · 1pp · 37 KB
|
Fact |
| E-012 | Background check and criminal record | Commercial database report, 42pp — held, not published | Not published. It states two Social Security numbers, a driver's-licence number, dates of birth and residential addresses, and names third parties who are not subjects of this case. What it shows is described in Parties above. | Allegation |
| E-006 | Multi-agency referral package | Preparer's submission to authorities | Not published | Allegation |
Documents are published whole. Nothing here has been excerpted to change its meaning, and where a document is not published the reason is stated.
Where a document is marked redacted, black bars cover identifiers we do not publish — Social Security numbers, personal telephone numbers, and addresses not otherwise on the record. The redaction is applied to the page image, so the text underneath is removed rather than hidden. Nothing else in those documents has been altered, shortened or rearranged.
196 filings across 38 entities, obtained from the North Carolina Secretary of State and the Wake County Register of Deeds. Both publish these records. They are republished here whole and unaltered — 151 annual reports, 34 articles of organization, 3 assumed-name certificates and 8 other filings, spanning 2006 to 2022.
8 of these entities are named in the case above and are marked. The remainder are published because they share a registrant, an address or an agent with those entities. Appearing in this list is not itself an allegation against anyone. Several of these companies may have no connection to the conduct described above beyond a shared filing detail.
AMERISERV LLCNamed in this case SOSID 870332 20 filings
ECOBUILD, LLCNamed in this case SOSID 1776648 5 filings
REALTY VESTORS LLCNamed in this case SOSID 1614997 6 filings
THE BEE MAIDSNamed in this case SOSID 1508986 5 filings
The Insurance Centers, LLCNamed in this case SOSID 1716668 5 filings
The Insurance Centers.com Inc.Named in this case SOSID 1404211 12 filings
TWHE LLCNamed in this case SOSID 1703223 5 filings
US-Kaizen LLCNamed in this case SOSID 1614989 7 filings
Affordable AC LLC SOSID 1651880 5 filings
AVF Towing LLC SOSID 1196691 3 filings
Business Investments Services LLC SOSID 1977550 3 filings
DGTal Market LLC SOSID 1611347 6 filings
Eden Construction LLC SOSID 1497379 2 filings
FGC Construction Services LLC SOSID 1513021 4 filings
FMI CLEANING SERVICES LLC SOSID 1036150 3 filings
General Millwright Solutions LLC SOSID 1706474 5 filings
J & J Boxing and Siding LLC SOSID 1266862 9 filings
Jar Painting LLC SOSID 1894439 5 filings
JFR CONSTRUCTION SERVICES LLC SOSID 2232122 3 filings
JJ Concrete Services LLC SOSID 1433360 11 filings
JP TILE & SERVICES LLC SOSID 2150071 3 filings
KPM FLORES COMPANY, LLC SOSID 998476 3 filings
MAR TRANSFORMATION, LLC SOSID 1776600 2 filings
MioLoans.com LLC SOSID 2067367 2 filings
Morale's Fences, LLC SOSID 1022522 3 filings
Nuevo Mundo, LLC SOSID 1011719 2 filings
OB Tycoon Enterprise, LLC SOSID 0916985 3 filings
Olivera's Group, LLC SOSID 918023 4 filings
Other Fraud - Notarizations by family 3 filings
Assumed-name certificates, Wake County Register of Deeds
PILOS QUALITY CARPENTRY, LLC SOSID 1993363 3 filings
PROSERV TRANSPORT LLC SOSID 1502487 6 filings
RCF SPEEDWOOD, LLC SOSID 1791600 5 filings
SANCHEZ HERNANDEZ CONSTRUCTION LLC SOSID 1708498 3 filings
SOTO TREE SERVICES LC SOSID 1468980 8 filings
Southwest Paint, LLC SOSID 917436 4 filings
Spots N Stripes LLC SOSID 1710938 3 filings
Wilson, Ivonne & Associates, LLC SOSID 1312807 6 filings
WM Construction Services LLC SOSID 1767703 9 filings
Supported by the cited public filing, docket, judgment or court record.
The preparer's research conclusion; not adjudicated. Cited to its factual basis.
This report is not a government record. Victims and uncharged third parties are identified by role only; no Social Security numbers, driver's-license numbers, dates of birth or residential addresses are published here. Established facts are attributed to the public record; allegations remain the preparer's findings pending adjudication.
This case rests on the public record — the federal docket, the sentencing transcript, Secretary of State filings and state insurance licensing records — each claim cited to its source above. It concerns a federal conviction and the conduct of licensed activity in a regulated industry, not the private life of a private citizen.
A reply from either named subject will be published here in full, dated, and unedited. Corrections to any cited record will be made on evidence and logged. Opportunity to respond and corrections policy →