Nov 5, 2021
A Texas man was sentenced Thursday to 31 months in prison and three years of supervised release for perpetrating a scheme to fraudulently obtain more than $3.3 million in Paycheck Protection Program loans guaranteed by the Small Business Administration under the Coronavirus Aid, Relief, and Economic Security Act, the U.S. Department of Justice said Thursday.
Texas Wedding Planner Sentenced After Misusing $1.5M in PPP Loan Money (Click2Houston) - Authorities say he claimed his business was much larger than it actually was, then paid off his mortgage, bought 2 Teslas