Officials: area couple created fake PPP loan accounts in $6M scam

One defendant faces up to 45 years in prison if convicted, the other 25.

  • By Business Observer Staff
  • | 6:48 a.m. April 4, 2021
  • Tampa Bay-Lakeland
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A Polk County couple has been charged in an alleged PPP loan scheme where authorities say they created at least 70 false loan applications seeking nearly $6 million. They then allegedly used some of the funds to pay off a luxury car, gamble at least $62,000 at a casino and take a Facebook video in a hotel room “littered” with $100 bills.  

 

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