Melvin Stout News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FAYETTEVILLE, Ark. – David Clay Fowlkes, first assistant United States attorney for the Western District of Arkansas, announced that Melvin Stout, age 40, of Fayetteville pleaded guilty Wednesday to making a false statement on a loan application to obtain money through the Small Business Administration’s Paycheck Protection Program (PPP). Earlier this month, Stout’s wife, Tiffany Acuff, age 36, of Fayetteville, and sister, Valarie Watson, age 43, of Fayetteville, also pleaded to charges in connection with obtaining loans through the PPP, which is intended for businesses struggling throu...

Northwest Arkansas trio lied about owning businesses to get COVID-19 relief funds, prosecutors say Melvin Stout of Fayetteville submitted a PPP loan application that falsely stated his ownership of a small business. His wife and sister-in-law face similar charges. Author: 5NEWS Web Staff Updated: 9:01 PM CST December 16, 2020 FAYETTEVILLE, Ark. — A Fayetteville man pled guilty Wednesday to making false statements on a loan application to obtain money through the Small Business Administration’s Paycheck Protection Program (PPP) created to help businesses str...