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Fake Music Producer Sentenced to Prison for Stealing PPP Loans in Nationwide Scheme
February 11, 2026
RALEIGH, North Carolina, Feb. 11 -- The office of the U.S. Attorney for the Eastern District of North Carolina posted the following news release:

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Fake Music Producer Sentenced to Prison for Stealing PPP Loans in Nationwide Scheme

A Federal Judge sentenced Larico D. Steele, 53, to 1 year in federal prison, 3 years of supervised release, and ordered him to pay over $150,000.00 restitution to the Small Business Administration. Steele pleaded guilty to Co . . .

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