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Odessa Man Indicted for $261K Fraud in PPP Loan Scheme
Summary by Small Business Trends
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Odessa Man Indicted for $261K Fraud in PPP Loan Scheme
A recent indictment shines a spotlight on the ongoing concerns surrounding the Paycheck Protection Program (PPP) and its vulnerability to fraud, an issue that continues to affect small business owners across the nation. Clarence Gardener, a 50-year-old resident of Odessa, has been charged with wire fraud related to the scheme that allegedly defrauded the Small Business Administration (SBA) of over $250,000 in PPP funds. The PPP was introduced as…
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