Two Oregon men face federal charges for pocketing millions in COVID relief fraud scheme
Eugene, OR — Two Oregon men are facing federal charges for fraudulently converting to their personal use loans intended to help small businesses during the COVID-19 pandemic. Andrew Aaron Lloyd, of Lebanon, Oregon, and Russell A. Schort, of Myrtle Creek, Oregon, have been charged by criminal complaint with wire fraud, bank fraud, and money laundering. Lloyd and Schort took advantage of economic relief programs administered by the Small Business Administration (SBA), including Economic Injury Disaster Loans (EIDLs) and the Paycheck Protection Program (PPP), as authorized by the Coronavirus A...