Two Oregon men arrested and charged in CARES Act fraud case
Two Oregon men arrested and charged in CARES Act fraud case Russell Schort and Andrew Lloyd were charged with wire fraud, bank fraud and money laundering after receiving $2.2 million in PPP loans and profiting off the money. Author: Devon Haskins Updated: 6:50 PM PST January 8, 2021 EUGENE, Ore. — Federal prosecutors have charged 50-year-old Andrew Lloyd of Lebanon, OR and 38-year-old Russell Schort of Myrtle Creek, OR with bank fraud, wire fraud and money laundering this week. Prosecutors say the pair applied for and received three different Paycheck Protect...
Source: kgw.com