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Andrew Marnell, 40, allegedly fraudulently obtained around .5 million in loans from the Paycheck Protection Program (PPP) on behalf of multiple companies, the Justice Department (DOJ) said in a news release. PPP loans are meant to help businesses cover payroll costs and mortgage interest, rent or utilities. Investigators accuse him of making false and misleading statements on the applications as well as submitting fake and altered tax and payroll documents to support the filings. A 29-year-old Texas man was arrested on Tuesday after allegedly falsely filing PPP applications on behalf of a pair of businesses that had no employees. A day earlier, a 40-year-old man in Washington, D.C., was busted after allegedly submitting a gross income of more than 5,000 on his PPP application - and only on his tax return to receive the maximum ,200 federal coronavirus stimulus payment. Moreover, it gradually became a very significant source of income to earn money, fame and success overnight which everybody urges earnestly.
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