A Massachusetts Man Pretended to Commit Suicide—to Avoid PPP Loan Fraud Charges
It wasn't the smartest plan. Here's What You Need To Remember: If there is a moral to this story, it seems to be that, while egregious abuse of federal small business loans – often referred to as Paycheck Protection Program, or PPP – has been a sadly common occurrence, it is not consequence-free. Instead, it has often resulted in capture and prosecution. Last week, David Staveley, 53, of Andover, Massachusetts, pleaded guilty to charges of conspiracy and failure to appear in court – as part of a plea deal that involved dropping five other charges, including bank fraud, identity theft...
Source: nationalinterest.org
