Published 4 years ago • loading... • Updated 4 years ago
Florida man pleads guilty to $7.2M COVID-19 relief fraud
Summary by Ground News
A Florida man who fled the U.S. and was eventually arrested in Croatia has pleaded guilty to stealing more than $7.2 million in COVID-19 relief funds. He faces up to 32 years in federal prison at a hearing scheduled for Jan. 5. He submitted a fraudulent loan application for a Paycheck Protection Program loan. He claimed his company had 441 employees and monthly payroll expenses of more than $2.8 million.