30-year-old Meelad Dezfooli convicted for $11M COVID-19 relief fund fraud, using PPP loans for personal gain.
Meelad Dezfooli, a 30-year-old from Henderson, has been convicted of defrauding banks out of over $11 million in COVID-19 relief funds through fraudulent Paycheck Protection Program loan applications. He falsely claimed to control multiple companies and misrepresented payroll and employee details. Dezfooli misused the funds for real estate, luxury cars, and gambling. He faces severe penalties, with sentencing scheduled for December 5.
September 06, 2024
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