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Federal Jury Convicts Belleair Man of COVID Loan Fraud Scheme
Summary by Small Business Trends
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1 Articles
Federal Jury Convicts Belleair Man of COVID Loan Fraud Scheme
In a striking case highlighting the ongoing challenges within federal loan programs, a Belleair man has been convicted of committing fraud during the COVID-19 pandemic by misusing dead individuals’ identities. Stephen L. Gurba, 69, is facing severe penalties for submitting bogus applications for the Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program (PPP), aiming to secure nearly $1 million in unlawful funds. The case has g…
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