California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla

California Man Arrested for Using Covid-19 PPP Loan to Buy Cryptocurrency and TeslaThe U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran was arrested Thursday “on criminal charges related to his […]

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Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency

Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade CryptocurrencyThe U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto Investor Charged The U.S. Department of Justice […]

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