Chicago Businessman Sentenced for Role in Bank Fraud and Pandemic-Relief Fraud Schemes
… In addition, Shah submitted to a federally insured bank an application for a $441,138 loan guaranteed by the SBA that … of a company he controlled. In support of the loan application, he submitted to the lender several fraudulent … payments. He also used stolen identities in the PPP loan application to carry out the fraud, listing the names and …