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Woman Went On Shopping Spree After Getting $150,000 COVID-19 Loan! | Mix 99 9

By Rachel Damelio photocredit: gettyimages A North Carolina woman is now facing fraud charges for going on a shopping spree after getting a $150,000 COVID-19 relief loan. According to prosecutors, Jasmine Clifton obtained the loan for her online clothing retail business, but spent the money on shopping trips to stores like Nordstrom, Neiman Marcus and Louis Vuitton. She now is facing up to 30 years in prison along with fines that are up to $1,000,000. Now, the Office Of Small Business Administration believes billions of dollars in loans were given to fraudulent businesses last year under the CARES Act. What are your thoughts on this? Do you think she should be spending 30 years in prison?

Woman Went On Shopping Spree After Getting $150,000 COVID-19 Loan! | Sunny 99 9

Woman Went On Shopping Spree After Getting $150,000 COVID-19 Loan! | Sunny 99 9
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Woman allegedly goes on shopping spree after receiving $150K COVID-19 loan

Woman allegedly goes on shopping spree after receiving $150K COVID-19 loan By Catherine Park Biden discusses boost in pandemic lending to smallest businesses President Joe Biden is temporarily targeting PPP loans to help the nation s smallest businesses and ventures owned by women and people of color. CHARLOTTE, N.C. - A North Carolina woman was indicted for fraudulently obtaining a COVID-19 small business loan amounting to nearly $150,000, and is accused of using it to shop at Nordstrom, Neiman Marcus, Louis Vuitton and other retailers, according to the U.S. Department of Justice. Jasmine Johnnae Clifton, 24, allegedly engaged in a scheme to defraud the SBA by obtaining an Economic Injury Disaster Loan (EIDL) based on false information, a news release stated.

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