DeSoto woman sentenced: used PPP loans to pay of Maserati, purchase property

The Brief

  • A Texas woman was sentenced to three years and five months in prison for her role in a scheme to file fraudulent PPP loan applications.
  • Shantelle Hawkins, 43, of DeSoto, conspired to submit 17 fraudulent applications, falsely claiming payroll and tax information to secure over $1.8 million.
  • Hawkins used the illicit funds for personal expenses, including paying off a Maserati and purchasing property, which she must now forfeit in addition to paying restitution.

DeSOTO, Texas A Texas woman was sentenced on Tuesday to three years and five months in prison for her role in a scheme to file fraudulent applications for Paycheck Protection Program loans during the COVID-19 pandemic.

What we know:

Shantelle Hawkins, 43, of DeSoto, pleaded guilty in October to conspiracy to commit wire fraud.

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