2 Oregon men accused of fraudulently obtaining $2.2M in COVID-19 loans By Associated Press
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PORTLAND Two men are accused of converting for personal use more than $2.2 million in loans meant to help small businesses during the coronavirus pandemic.
Andrew Aaron Lloyd, 50, of Lebanon, Ore.,, and Russell A. Schort, 38, of Myrtle Creek, Ore., are charged with wire fraud, bank fraud and money laundering in federal court in Eugene, Ore., The Oregonian/OregonLive reported.
The FBI investigated after receiving information that the men fraudulently obtained Paycheck Protection Program loans, which were authorized by the federal Coronavirus Aid, Relief and Economic Security Act.
PORTLAND, Ore. (AP) Two men are accused of converting for personal use more than $2.2 million in loans meant to help small businesses during the coronavirus pandemic. Andrew Aaron Lloyd,.