Department of Justice: Texas Man Sentenced to More Than Nine Years in COVID-19 Fraud and Money Laundering Scheme

Department of Justice: Texas Man Sentenced to More Than Nine Years in COVID-19 Fraud and Money Laundering Scheme. “A Texas man was sentenced today to 110 months in prison for his scheme to fraudulently obtain and launder proceeds from more than $1.6 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief and Economic Security (CARES) Act.”

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