Houston woman who received $3.5M under CARES Act accused of spending money on vehicles, luxury goods
Published:
Updated:
Tags:
HOUSTON – A woman faced federal charges Tuesday afternoon after authorities said she committed fraud to get millions of dollars from the CARES Act.
LaDonna Wiggins, 37, was charged with bank fraud, making a false statement to a bank and money laundering.
Authorities said Wiggins submitted two Paycheck Protection Program (PPP) loan applications for businesses known as Wiggins & Graham Enterprise LLC and Pink Lady Line, and received $3,648,145.
According to court documents, Wiggins used the funds to make personal purchases, including two homes, multiple vehicles and luxury goods.