A federal jury found former Olympic speedskater Allison Baver guilty of charges that accused her of acquiring a $10 million COVID-19 relief loan to bankroll a company that prosecutors said had no employees or payroll at the time she applied.
Baver was convicted of making false statements designed to influence a bank, money laundering and contempt.
Federal prosecutors said Baver, proprietor of Allison Baver Entertainment, used thousands of Paycheck Protection Program funds to pay off personal HOA dues, as well as pay for travel expenses, food and “other non-payroll costs.” The applications falsely stated that the company’s average monthly payroll varied from $4 million to more than $4.7 million, though the company had no monthly payroll — and did not have any employees, despite the loan applications accounting for 430 employees, prosecutors contended.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Solve annoying problems with these smart solutions — starting at $10These simple products will come in handy around the house to solve annoying problems.
Leer más »
Same cart of groceries costs $10 more than six months agoThe price of eggs has come down to earth, but most everything else costs more than it did just six months ago, an itemized price check shows.
Leer más »
Illinois man faces $10 million bond for allegedly attempting to kill ATF agents in 'violent attack'Waukegan resident Alvaro Grijalva is being held on a $10 million bond after allegedly attempting to murder ATF agents conducting a search at his house, authorities say.
Leer más »
Utah jury convicts former Olympian in pandemic bailout trialA federal jury convicted a former Olympic speedskater in a trial focused on the $10 million her company received from the Paycheck Protection Program.
Leer más »
Hunter Biden Asked for $10M from CCP-Linked AssociateHunter Biden asked a second CEFC business associate for $10 million, noting the Bidens “are best at doing exactly what the chairman wants.”
Leer más »