R.I. Man Admits to Fraudulently Seeking $4.7 Million in COVID-19 Stimulus Loans

October 28, 2020

Compliance Alliance

A Rhode Island man has been convicted for his role in falsifying applications to obtain nearly $600k in Paycheck Protection Program (PPP) forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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