A Virginia Beach man was sentenced to two years in prison for bank fraud by submitting a fraudulent application for a Paycheck Protection Program (PPP) loan, and then using the loan proceeds for his own personal benefit.
Virginia Beach businessman gets 2 years for fraudulently taking $350,000 in coronavirus aid dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.
Posted at 1:47 pm on December 17, 2020 by Greg P.
As Congress gets ready to (maybe) pass another round of Covid relief, Warren Buffett said that there will be more fraud associated with the PPP program and this is just what happens in âwartimeâ: There will be fraud connected to do it. If you try to do something huge like that. You ll read stories about people ⦠that happens in war time. says Warren Buffett on funding more PPP. Don t let that turn you away from something where millions of people are being helped. pic.twitter.com/kJqbqMMqkK
Yeah, well, maybe itâs time to put more investigators on the case because stealing from taxpayers in wartime isnât something we should tolerate:
State briefs for Sunday, Dec 13 richmond.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmond.com Daily Mail and Mail on Sunday newspapers.