Tag: ppp_loan_fraud

Urbandale Businessman Pleads Guilty to PPP Loan and Bankruptcy Fraud

29 Jun 2026 3:58 p.m. · Source: FBI

An Urbandale businessman admitted guilt to PPP loan fraud and bankruptcy fraud, having inflated business financials for a $265,567 loan and made false statements during bankruptcy. Sentencing is set for October 2026.

Business Law Enforcement Politics and Government Economy Legal Federal Government Financial Markets Henry J. Schappert Urbandale PPP Loan Fraud Bankruptcy Fraud FBI U.S. Bank Financial Crime