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Novi man charged in connection with federal wire fraud scheme
Read full article: Novi man charged in connection with federal wire fraud schemeA Novi man was arrested and charged in a wire fraud scheme involving $3.1 million in Paycheck Protection Program (PPP) loans. According to the U.S. Attorneys Office Eastern District of Michigan, 44-year-old Antonio George is charged in a criminal complaint with one count of wire fraud. The PPP loan is guaranteed by Small Business Administration under the Coronavirus Aid, Relief and Economic Security (CARES Act). Small businesses across Michigan have received loans from the Paycheck Protection Program, and these loans have kept these businesses alive, said U.S. Attorney Matthew Schneider in the release. Every dollar stolen from the program is a dollar stolen from struggling businesses in need.