Virginia man took Vegas trip with fraudulent $350K PPP loan, officials say
By Associated Press article
UNITED STATES - AUGUST 23: The Las Vegas Strip lights up at sunset in Las Vegas, Nev., on Sunday, Aug. 23, 2020. (Photo By Bill Clark/CQ-Roll Call, Inc via Getty Images)
A Virginia man who authorities said used a fraudulently obtained $350,000 Paycheck Protection Program loan for personal expenses, including a trip to Las Vegas, has pleaded guilty to bank fraud.
Scott Suber, 39, entered the plea Wednesday at a federal district court in Norfolk, the U.S. Attorney’s Office for the Eastern District of Virginia said in a news release.
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Officials: Virginia man took Vegas trip with $350K PPP loan
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Virginia man took Vegas trip with $350K PPP loan, officials say
Associated Press
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NORFOLK, Va. – A Virginia man who authorities say used a fraudulently obtained $350,000 Paycheck Protection Program loan for personal expenses has pleaded guilty to bank fraud.
The U.S. Attorney’s Office for the Eastern District of Virginia said in a statement Scott Suber entered the plea in federal court Wednesday.
Court documents say Suber’s application for the loan fabricated the number of employees at his Virginia Beach-based business.
The statement says he also fabricated how much he had to pay in wages at Debris or Not Debris Property Preservation.