Two Brooklyn contractors have been indicted for allegedly defrauding the Paycheck Protection Program by inflating revenues and misusing over $1 million intended for small businesses.
District Attorney Eric Gonzalez described the actions of Nurus and Maidul Safa as a shameless scheme that not only stole critical funds but undermined the integrity of a program meant to support struggling businesses during the pandemic.
The indictment includes 19 counts, highlighting serious charges such as grand larceny and the possession of a forged instrument, indicating the severity of their alleged fraudulent activities.
In the wake of the COVID-19 pandemic, the Paycheck Protection Program was established to assist small businesses; misappropriation of these funds has significant legal repercussions.
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