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Federal authorities this morning arrested a Temecula man on federal fraud charges that allege he stole hundreds of thousands of dollars from the Paycheck Protection Program (PPP) after obtaining more than $7 million in PPP loan funds on behalf of his company that purports to repair potholes. Oumar Sissoko, 59, was arrested pursuant to a four-count wire fraud indictment that was returned by a federal grand jury on April 13. Sissoko is expected to be arraigned on the indictment Thursday afternoon in United States District Court in Riverside. According to the indictment, Sissoko obtained a $7.25 million loan for his company, Road Doctor California LLC, after submitting a PPP loan application in April 2020 claiming that Road Doctor was in the process of hiring 450 full-time employees and would have average monthly payroll expenses of $2.9 million. When he applied for the loan, Sissoko acknowledged the funds would be used to retain workers and maintain payroll, or make mortgage interest

United statesNew hampshireLos angelesSan franciscoOumar sissokoAlexanderck wymanWadev waltersTracyl wilkisonJonathans galatzanWeston kingNicholasl mcquaidJohn fritz scanlonKristik johnsonJustice department national centerJustice department criminal divisionRoad doctor california