Texas COVID-19 Relief Fraud Charged

On May 13, 2020, the Eastern District of Texas U.S. Attorney change an individual with allegedly attempting to receive over $ 10 million dollars of Small Business Administration loans  under the CARES Act. The allegations are that the defendant sought the SBA funds from two banks claiming he employed 250 waged employees when there were no employees.

COVID-19 and CARES Act related fraud charges are expected to be plentiful and imminently forthcoming. If you have any questions or need assistance, please contact our office.