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Business owner accused of lying to get pandemic loan

BOSTON – A former Massachusetts resident has been accused of fraudulently receiving $2.5 million in federal aid funds intended for businesses struggling during the coronavirus pandemic and the money to buy vehicles and used to invest in cryptocurrency.

Federal prosecutors in Boston say Vinicius Santana, 34, who now lives in Florida, was arrested this week and will appear in federal court in Massachusetts at a later date to face wire fraud charges.

No defense attorney was listed in the court records.

Prosecutors say he filed a Paycheck Protection Program loan application in 2020, falsely claiming his painting business had 154 employees and a $1 million monthly payroll.


https://www.local10.com/news/florida/2022/06/09/business-owner-accused-of-lying-to-obtain-pandemic-loan/ Business owner accused of lying to get pandemic loan

Sarah Y. Kim

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