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Home » Man Sentenced for Over $11M COVID-19 Relief Fraud and Money Laundering

Man Sentenced for Over $11M COVID-19 Relief Fraud and Money Laundering

A Nevada man was sentenced today to over 15 years in prison and five years of supervised release for fraudulently obtaining more than $11 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and then laundering the funds through real estate transactions, Read More