Clearwater Criminal Defense Law Blog

A Nevada woman is facing federal charges on allegations that she fraudulently attempted to obtain over $1 million in Paycheck Protection Program (PPP) loans. The 50-year-old woman from Las Vegas allegedly submitted half a dozen different loan applications in which she included false information. Investigators say the statements were made about her business, alleging that it had paid millions in payroll in the last year. However, investigators say her business had paid no such total last year. The business, which did not have a valid corporate registration, had also not filed taxes last year,...

Five Floridians joined four others previously charged as defendants to several charges involving allegations that they all attempted to defraud the Small Business Administration's (SBA) Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act of over $24 million. Per federal prosecutors, the defendants filed 99 fraudulent applications for forgivable loans under the program in several areas of the country. They say the scheme was kicked off when one defendant obtained a fraudulent PPP forgivable loan for his company with falsified documents. Upon...