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Maryland federal prosecutors say they’ve found $40 million — and counting — in PPP, Covid-related fraud

August 30, 2023

The U.S. Attorney’s Office says it has uncovered at least $40 million in federal Covid relief fraud in Maryland with some using pandemic funds for luxury goods, expensive vacations, cars and even illegal guns and drugs. Data released on Tuesday details what Maryland federal investigations have so far found while scrutinizing how Covid bailout funds were obtained and spent since late 2020. The money was offered to help businesses stay afloat and ward off lost revenue during mandated shutdowns and quarantines.

Article Source: Baltimore Business Journal

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