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Michigan Man Receives Prison Sentence For $590K Covid Fraud Scheme

WKQI Channel 955
WKQI Channel 955
 2021-07-15
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A Michigan man has been sentenced to two years in federal prison for bank fraud and money laundering. The U.S. Department of Justice announced that 56-year-old Darrell Baker of Detroit secured a $590,000 Paycheck Protection Program loan for a non-existent business and used the money to buy cars. The PPP loan was meant to help businesses keep their workforce employed during the COVID-19 pandemic.

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