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Virginia Beach businessman sentenced for COVID-19 relief fraud scheme

Virginia Beach businessman sentenced for COVID-19 relief fraud scheme Published Thursday, May. 27, 2021, 6:56 am Join AFP s 100,000+ followers on Facebook Purchase a subscription to AFP Subscribe to AFP podcasts on iTunes and Spotify News, press releases, letters to the editor: augustafreepress2@gmail.com (© Alexander Borisenko – stock.adobe.com) A Virginia Beach man was sentenced last week to two years in prison for bank fraud by submitting a fraudulent application for a Paycheck Protection Program loan, and then using the loan proceeds for his own personal benefit. According to court documents, in June 2020, Scott Suber, 39, submitted to Celtic Bank a fraudulent application for a loan under the PPP, a program designed to help businesses affected by the COVID-19 pandemic continue to pay salary or wages to their employees.

Hundreds of PPP loans went to fake farms in absurd places

Hundreds of PPP loans went to fake farms in absurd places
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