Bentonville business owner pleads guilty to taking $16.5 million in COVID-19 relief

Bentonville business owner pleads guilty to taking $16.5 million in COVID-19 relief

WASHINGTON (KNWA/KFTA) — A Bentonville man accused of taking millions of dollars in COVID-19 relief funds has pleaded guilty and is awaiting a sentence. Tyler Keith Penix, 37, was charged in a federal indictment in January this year. Penix is accused of fraudulently obtaining millions of dollars in COVID-19 relief funding that was intended and reserved for small businesses during the pandemic. He reportedly directed, assisted and facilitated the…

Arkansas Business Owner Pleads Guilty to Fraudulently Obtaining More than $16.5 Million in COVID Relief Funding