Source: DOJ Justice News (Press Releases)
Published: 2026-01-15T12:00:00+00:00
Summary
An Illinois businessman was sentenced yesterday to six years in prison and two years of supervised release for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit, as well as for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).
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