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flag Yasir Hamed, a Virginia accountant, pleads guilty to defrauding $2.3M from COVID relief funds.

flag Yasir Hamed, a 60-year-old Woodbridge accountant, pleaded guilty to defrauding the COVID-19 relief Paycheck Protection Program (PPP) of over $2.3 million. flag Hamed submitted fraudulent loan applications, overstating employee numbers and payroll, to secure funds for personal use. flag He has agreed to pay $2.4 million in restitution and faces up to 40 years in prison. flag Sentencing is scheduled for August 8.

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