"Jesus Abreu, 38, of Brockton, was indicted on three counts of wire fraud, having allegedly submitted an application for an Economic Injury Disaster Loan in July 2020 and received $32,400."
"In April 2021, Abreu submitted two applications for Paycheck Protection Program loans, making false claims about gross income earned from a sole proprietorship and attaching fraudulent tax documents."
"Abreu received $41,666 from the PPP loans, which he allegedly used on personal expenses, and later submitted loan forgiveness applications falsely claiming the entire amount was spent on payroll."
"If convicted, Abreu faces up to 20 years in prison, three years of supervised release, and up to $250,000 in fines."
Jesus Abreu, a former food service worker for the Department of Veterans Affairs, was indicted on three counts of wire fraud. He allegedly submitted false applications for an Economic Injury Disaster Loan and Paycheck Protection Program loans, claiming inflated gross revenues and attaching fraudulent tax documents. Abreu received $32,400 from the EIDL and $41,666 from PPP loans, which he misused for personal expenses. His loan forgiveness applications falsely claimed the funds were spent on payroll. He faces significant prison time and fines if convicted.
Read at Boston.com
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