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Virginia Beach businessman sentenced for COVID-19 relief fraud scheme


Virginia Beach businessman sentenced for COVID-19 relief fraud scheme
Published Thursday, May. 27, 2021, 6:56 am
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A Virginia Beach man was sentenced last week to two years in prison for bank fraud by submitting a fraudulent application for a Paycheck Protection Program loan, and then using the loan proceeds for his own personal benefit.
According to court documents, in June 2020, Scott Suber, 39, submitted to Celtic Bank a fraudulent application for a loan under the PPP, a program designed to help businesses affected by the COVID-19 pandemic continue to pay salary or wages to their employees. ....

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Warren Buffett says PPP fraud is something 'that happens in wartime'


Posted at 1:47 pm on December 17, 2020 by Greg P.
As Congress gets ready to (maybe) pass another round of Covid relief, Warren Buffett said that there will be more fraud associated with the PPP program and this is just what happens in “wartime”:
There will be fraud connected to do it. If you try to do something huge like that. You ll read stories about people … that happens in war time. says Warren Buffett on funding more PPP. Don t let that turn you away from something where millions of people are being helped. pic.twitter.com/kJqbqMMqkK
Yeah, well, maybe it’s time to put more investigators on the case because stealing from taxpayers in wartime isn’t something we should tolerate: ....

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