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Memphis daycare owner accused of PPP loan, insurance fraud

Summary by Ground News
Nikita Cannady allegedly misused more than $3 million in federal loans. She allegedly submitted bills to insurance companies for patients that were never patients. For that, according to the indictment, Cannady got away with almost $2.7 million. Her lawyer said she has pleaded not guilty and expects to be acquitted.

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Memphis daycare owner accused of PPP loan, insurance fraud

A Memphis daycare owner was served a federal indictment after allegedly misusing funding received during the pandemic.

·Memphis, United States
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WREG News broke the news in Memphis, United States on Wednesday, February 15, 2023.
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