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Wed Sep 16, 2020, 08:16 PM

Texas woman fraudulently submitted Paycheck Protection Program loan applications for nearly $2M, DOJ

A Texas woman who received nearly $2 million in Paycheck Protection Program loans amid the ongoing coronavirus pandemic was arrested Tuesday by federal authorities on fraud allegations.

Lola Shalewa Barbara Kasali, of Houston, was charged with making false statements to a financial institution, wire fraud, bank fraud and engaging in unlawful monetary transactions, according to a U.S. Department of Justice statement.

Officials say Kasali, 22, allegedly submitted two fraudulent PPP loan applications for two businesses Lola's Level and Charm Hair Extensions and claimed to have several employees and large payroll expenses.

"According to the charges, however, neither entity has employees nor pays wages consistent with the amounts claimed in the loan applications," according to the statement.

https://www.yahoo.com/news/texas-woman-fraudulently-submitted-paycheck-012251077.html

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Reply Texas woman fraudulently submitted Paycheck Protection Program loan applications for nearly $2M, DOJ (Original post)
Yo_Mama_Been_Loggin Wednesday OP
liberalmuse Wednesday #1

Response to Yo_Mama_Been_Loggin (Original post)

Wed Sep 16, 2020, 09:48 PM

1. In the meantime, corporations that needlessly took tens of millions.

Will remain uninvestigated.

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