Entrepreneur caught

The news is out: [A Texas woman who received nearly $2 million in Paycheck Protection Program loans amid the ongoing coronavirus pandemic was arrested Tuesday by federal authorities on fraud allegations.
Lola Shalewa Barbara Kasali, of Houston, was charged with making false statements to a financial institution, wire fraud, bank fraud and engaging in unlawful monetary transactions, according to a U.S. Department of Justice statement.
Officials say Kasali, 22, allegedly submitted two fraudulent PPP loan applications for two businesses — Lola’s Level and Charm Hair Extensions — and claimed to have several employees and large payroll expenses.
“According to the charges, however, neither entity has employees nor pays wages consistent with the amounts claimed in the loan applications,” according to the statement.]

If she was a politician, she would have been allowed to keep the money.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s