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Bentonville man pleads guilty in fraud case, admits taking millions meant for covid relief

A Bentonville man pleaded guilty Tuesday to defrauding taxpayers of $16.5 million from the Paycheck Protection Program and other government relief meant to help struggling businesses survive the covid-19 pandemic, court records show.

Eastern District of Washington | Arkansas Business Owner Pleads Guilty to Fraudulently Obtaining More than $16 5 Million in COVID Relief Funding

Eastern District of Washington | Arkansas Business Owner Pleads Guilty to Fraudulently Obtaining More than $16 5 Million in COVID Relief Funding
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Bentonville Man Pleads Guilty to Defrauding Pandemic Loan Programs

Tyler Keith Penix, 37, fraudulently obtained a total of $16.5 million in federal stimulus funds for himself and more than a dozen other purported business owners.

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