South Carolina man indicted for COVID-19 fraud insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Waxhaw and Charlotte residents were sentenced to prison for crimes related to the theft of COVID-19 relief funds.Court records show they submitted fraudulent loan applications for programs created by the Coronavirus Aid, Relief, and Economic Security Act.
A North Carolina man and his son were sentenced to prison for fraudulently obtaining $1.7 million in COVID-19 relief funds through various PPP loan applications.
Two men were sentenced yesterday for their roles in the submission of fraudulent loan applications seeking more than $1.7 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Izzat Freitekh, 57, of Waxhaw, North Carolina, was sentenced to fourTwo men were sentenced yesterday for their roles in the submission of fraudulent loan applications seeking more than $1.7 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Izzat Freitekh, 57, of Waxhaw, North Carolina, was sentenced to four ยป The FINANCIAL Crime