covid-relief fraud

According to a criminal information filed Monday in U.S. District Court in Chicago, Wright obtained two PPP loans totaling $41,662 and intended to use the funds for personal benefit. #police #fraud

The indictment alleges that the defendants defrauded lenders and the U.S. Small Business Administration of millions of dollars in PPP loans and EIDL funds. #fraud

An indictment returned Monday in U.S. District Court in Chicago charges WILLIAM FREDERICK REED, 41, of Hazel Crest, Ill., with making false statements in U.S. Small Business Administration loan applications, bankruptcy fraud, and tax offenses. #fraud