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DC Man Cops To Using $2.4M In PPP Loans For Tesla, Crypto

A man accused of receiving more than $2.4 million in Paycheck Protection Program loans using stolen identities, doctored tax returns and payroll records and using the cash on personal expenses including dog boarding, hotels and a Tesla pled guilty to wire fraud and money laundering in Washington, D.C., federal court Friday.
United States Elias Eldabbagh Gina Kim Paycheck Protection Program Alias Systems Economic Injury Disaster Loan
Source: law360.com

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