Houston breh sentenced to 9 years for getting $1.6 million in PPP Loans & spending it in strip clubs

North

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International Playa

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he probably used it for a business

all these brehs need to do was to open a garage even a small gas station is like 1 million

I can’t even imagine how many ran this scam, took the bread and layered it smartly to wash in legitimate businesses without raising detection. If all of these dumb asses are getting cooked, it had to be a gang of savy muthafukkas that feasted off these loans and will never pay back a penny. Crazy to think about

If u bought a house with the loan & rented it out, are u good?:jbhmm:
 

George's Dilemma

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That amount of time is excessive. Tells you something about this country though. Take part in an armed insurrection and storm the capital building looking for the blood of congressmen, women, and the Vice President, and get 41 months in prison (Qanon Shaman). Mislead the government and fraudulently spend 1.6 million in federal loans and get 9 years (108 months).
 

North

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That amount of time is excessive. Tells you something about this country though. Take part in an armed insurrection and storm the capital building looking for the blood of congressmen, women, and the Vice President, and get 41 months in prison (Qanon Shaman). Mislead the government and fraudulently spend 1.6 million in federal loans and get 9 years (108 months).
too much clean money in this country to do dumb things like this , he was misusing public money

9 years is long maybe 1-2 years would make sense
 

Patrick Kane

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Well if it’s going to a legitimate business, that’s kind of the point right?

I said layered it (money launder) and not pay it back. So nah, not the same thing

People can get the money for a business but it doesn’t mean it’s a legitimate business or that they gonna pay it back. The government was giving this money to anyone who applied, that’s why morons like bruh in OP got fukked. Not everyone was as foolish as him tho and that’s why I said it’s interesting to think about the people who ran this same scam smartly.
 

Theodoresolderbreh

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L&HH

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Remember when COVID-19 hit & COLI folk were encouraging people to get these loans:mjlol:

Personally I know folks who got 5 figure loans, fixed their house or put a down-payment on a house & paying the loans back on time. They still free

The question is whether they going go after those low dollar scammers. So far everyone they’ve hit up has stollen millions. The way it’s working seems like if you only took 5 figures they not going come.
 

Rekkapryde

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9 years ain't too bad of risk considering how you might be living if you somehow manage to get away with it:ehh:
:mjlol:nah i'm playing, nobody got away with that stupid shyt.

full
 

alpo

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