Sarasota man pleads guilty to $500K PPP loan fraud

Randy Xavier Jones was sentenced to more than five years of prison time for scamming several federal and state programs out of nearly $500,000.

  • By Business Observer Staff
  • | 4:13 p.m. July 18, 2022
  • Manatee-Sarasota
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A 34-year-old Sarasota man has been sentenced to five years and one month in federal prison after pleading guilty in March to wire fraud and aggravated identity theft that added up to nearly $500,000, in a PPP loan fraud case. 

 

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