Tag Archives: PPP

A Dallas man and the digital currency company he created are in hot water after being charged with defrauding a financial program introduced during the COVID era that was designed to keep businesses afloat. Crypto Company Fraud Thanks to COVID John Corbin Corona, age 35, was indicted in mid-November on counts of both money laundering and wire fraud for allegedly inflating the size of his cryptocurrency business – HODL LLC – to garner extra funds through the PPP (Paycheck Protection Program)...

It’s rough whenever money is not put to proper use, but according to one source, that appears to be what happened in Texas recently when a man allegedly used a PPP loan to get his fingers on cryptocurrency.PPP Loans Are Not to Be Played Around WithThe Paycheck Protection Program (PPP) has reached a new pinnacle over these past few months as the spread of COVID-19 continues to allegedly ravage the economies in America and beyond. In the United States, several steps have been taken to ensure...