Frederick Smith, 56, of Cordova, Tennessee, was sentenced yesterday for his role in an eight-defendant scheme to defraud COVID-19 disaster relief programs (including the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP) of over $17 million. All eight defendants previously pleaded guilty to charges of wire fraud and have now been sentenced to a total of 96 months in prison and 45 months of home detention.
This crime news article "Last of Eight Individuals Sentenced for Scheme to Defraud Over $17M in COVID-19 Relief Funds" was originally found on https://www.justice.gov/usao/pressreleases