Inland Empire Man Pleads Guilty to His Role in Crime Ring that Fraudulently Obtained $3.5 Million in COVID Business-Relief Loans
Brief
A Riverside County man pleaded guilty today – making him the third defendant in his case to plead guilty this week – to fraudulently obtaining from COVID-19 business-relief loans then helping others fraudulently obtain COVID business loans in exchange for a cut of the illicit proceeds, causing a total loss to taxpayers of approximately $3.5 million.