$2.7M COVID fraud scheme leads to arrest of former Wells Fargo banker and his brother

2 Southern California brothers allegedly stole $2.7 million through COVID fraud scheme

$2.7M COVID fraud scheme leads to arrest of former Wells Fargo banker and his brother

The scheme included the use of stolen identities of developmentally disabled persons who lived in long-term care facilities

Ex-Banker and brother charged in LA in $2.7M COVID-19 Benefits Fraud Scheme

A former Wells Fargo banker and his brother are facing federal charges in Los Angeles alleging they fraudulently obtained nearly $2.7 million in COVID-19 relief funds and small business loans partl…