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Montgomery woman guilty of $610,000 Paycheck Protection Program fraud

Summary by Ground News
Zsa Zsa Bouvier Couch, 55, was found guilty of multiple county of bank fraud, making false statements to a federally insured bank and money laundering. Couch submitted at least six fraudulent applications for loans under the PPP and sought $1.6 million in program funds. She falsely inflated the number of employees who worked for her purported business.

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Montgomery woman guilty of $610,000 Paycheck Protection Program fraud

A Montgomery woman was convicted by a federal jury Wednesday of defrauding the Paycheck Protection Program of nearly $610,000, prosecutors said.Zsa Zsa Bouvier Couch, 55, was found guilty of multiple county of bank fraud, making false statements to a federally insured bank and money laundering, said Sandra J. Stewart, U.S. attorney for the Middle District of Alabama.

·Alabama, United States
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Alabama Live broke the news in Alabama, United States on Thursday, September 28, 2023.
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