Mass. U.S. Attorney: Massachusetts Business Owner Arrested for Over $18 Million PPP Fraud
May 17, 2024
May 17, 2024
BOSTON, Massachusetts, May 17 -- The office of the U.S. Attorney for the District of Massachusetts issued the following news release on May 16, 2024:
A Carlisle man has been arrested and charged for allegedly submitting fraudulent Paycheck Protection Program (PPP) loan applications on behalf of multiple companies he owns and controls.
Durgaprasad Rao, 65, was charged with two counts of wire fraud. Rao was arrested yesterday and will make an initial appearance in federa . . .
A Carlisle man has been arrested and charged for allegedly submitting fraudulent Paycheck Protection Program (PPP) loan applications on behalf of multiple companies he owns and controls.
Durgaprasad Rao, 65, was charged with two counts of wire fraud. Rao was arrested yesterday and will make an initial appearance in federa . . .