(TheRedWire.com) – Sometimes, it doesn’t pay to be a corrupt Democrat. Last year, the federal government offered Payment Protection Program (PPP) loans to help small businesses get through the pandemic, much of which is grant free. However, the loans can only be used for very specific things, like payroll, company rent, or certain operating expenses. Try telling that to Kelli Prather. A failed Democratic mayoral candidate, Prather was charged with fraud and could spend up to 30 years in prison if she’s convicted.
— Ronald R Harmon (@RonaldRHarmon) April 7, 2021
According to federal prosecutors, Prather filed for $600,000 in PPP loans under six different businesses that weren’t even in operation. Fortunately for taxpayers, she only got $19,800 from the government. Allegedly, she spent $8,000 on herself and eating out and gave $8,000 to a boyfriend.
She is accused of lying on a loan application, bank fraud, making false statements and identity theft. She would have gotten away with it if it weren’t for a bank that found errors in Prather’s loan applications.
Copyright 2021, TheRedWire.com