PPP Loan Fraud
Former Arizona ABC newscaster and husband charged with PPP loan fraud, accused of fabricating documents to receive funds they were not eligible for. They face up to 20 years in prison for each count if convicted.
Key Points
- Former anchor with ABC 15 Arizona and husband charged
- Started business Blueacorn to assist with PPP loans
- Allegedly submitted false applications and charged illegal kickbacks
- Could face up to 20 years in prison if convicted
Cons
- Charged with conspiracy to commit wire fraud and wire fraud
- Accused of fabricating documents for PPP loan applications
- Allegedly living a lavish lifestyle in Puerto Rico