A federal jury has found a Southfield, Michigan doctor guilty of bank fraud after he deceptively obtained a $1.7 million loan from the Paycheck Protection Program, according to the U.S Attorney’s Office for the Eastern District of Michigan.
The jury convicted Dr. Reginald Eburuche on Thursday.
The attorney’s office, citing evidence presented at trial, said Eburuches looked into getting a loan from the PPP program after unsuccessfully attempting to get a line of credit for his start-up business Renovis Healthcare in 2019…