Leland furniture supplier to pay nearly $1.5 million over PPP loan fraud
Summary by WWAY TV
1 Articles
1 Articles
All
Left
Center
1
Right
Leland furniture supplier to pay nearly $1.5 million over PPP loan fraud
LeatherItaliaUSA in Leland will pay nearly $1.5 million in restitution and penalties for fraudulently obtaining and seeking forgiveness for two PPP loans. Prosecutors say the company inflated payroll numbers and required employees to return extra wages to meet forgiveness criteria. A three-year deferred prosecution agreement is in place.
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage