The Brief
- A CPA and tax preparer has pleaded guilty to a Paycheck Protection Program scam.
- Jawan Simpson, 37, of Ann Arbor, filed for more than 100 fake loan applications.
- The scheme caused about $2.3 million in losses for the federal government.
FOX 2 – A 37-year-old Ann Arbor tax preparer pleaded guilty Tuesday to orchestrating a Paycheck Protection Program scheme, stealing more than $2.2 million from the Small Business Administration.
The backstory:
Jawan Simpson, who is also a certified public accountant, pleaded guilty to one count of wire fraud, which carries a maximum penalty of 20 years in prison, according to the United States Attorney’s Office for the Eastern District of Michigan.…