Published 9 months ago

In PPP fraud case, 2 ex-Chicago cops charged with scamming COVID-19 relief programs of over $2 million

Summary by Ground News

Torrey Price and Aaron Price were indicted on federal fraud charges unsealed Aug. 8. They and a third person illegally obtained about $1.4 million in loans from the federal Paycheck Protection Program. They submitted false IRS tax filings to lenders, saying they paid employees who actually didn't exist.

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Chicago Sun Times

In PPP fraud case, 2 ex-Chicago cops charged with scamming COVID-19 relief programs of over $2 million

Signs on Jan. 5, 2021 near the U.S. Capitol calling for a second round of the 2020 Paycheck Protection Program. The signs were part of a campaign by Goldman Sachs investment bank supporting small businesses.Getty Images Two former Chicago police officers have been charged with bilking federal Paycheck Protection Program coronavirus pandemic relief programs out of more than $2 million.Torrey Price and Aaron Price were indicted on federal fraud c…

9 months ago·Chicago, United States

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