Businessman Pleads Guilty to $1.3M COVID-19 Loan Fraud

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David Epstein admitted to fraudulently obtaining over $1.3 million in PPP loans, using funds for personal luxuries like a Mercedes-Benz.Photo byNellie AdamyanonUnsplash

The U.S. Attorney’s Office for the District of Maryland announced today that David Epstein, a 46-year-old businessman from Owings Mills, Maryland, pleaded guilty to one count of wire fraud.

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