BATON ROUGE – A Baton Rouge man who lied about heading two different companies in order to get more than $800,000 in business loans was convicted of wire fraud Thursday.
Oscar Hills IV, 53, submitted multiple loan applications, where he made false claims about owning Bootstate Financial Group and operating nonprofit Baton Rouge Teen Summit. He submitted fake employee numbers and expenses to secure the loans totaling over $800,000.
Prosecutors discovered Hills used over $98,000 of that money to buy a Dodge Viper and to pay eleven years’ worth of unpaid property tax on his home…