14 Arrested on Complaints Alleging More Than $25 Million in COVID-19 Relief and Small Business Loans Were Fraudulently Obtained
… phony resumes and financial statements, to support loan applications to buy other sham corporations. McGrayan … a false application and bogus documents to obtain a loan under the Paycheck Protection Program (PPP), which … to obtain an approximately $3 million federally guaranteed loan through the SBA’s Preferred Lending Program. Felix …