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PPP loan fraud schemes ran wild as government doled out billions; at least 120 charged

First PPP fraud case closed last week

By Fred Lucas

Fox News

This week marks one year since David Adler Staveley faked his suicide before going on the run from the law for almost two months after he and a co-conspirator were the first in the nation to be charged with fraud in the Paycheck Protection Program in May 2020.

Last week, Staveley pleaded guilty in a federal court in Rhode Island to conspiracy to commit bank fraud and failure to appear in court.

Click the link below to read the rest of this story.

https://www.foxnews.com/us/ppp-loan-fraud-schemes-defendants-charged

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