Michigan man accused of fraudulently obtaining $60,000+ to stand trial

A 57-year-old man accused of fraudulently obtaining over $60,000 in COVID-19 relief funds and Paycheck Protection Program loans will stand trial in circuit court in Wayne County, the Michigan Department of Attorney General said on Friday.

Prosecutors said Roy Lee Holt of Harper Woods, Michigan, submitted a fraudulent bank statement and “made other false representations” about his business operations in 2021 to obtain two PPP loans that totaled over $41,000.

Holt later submitted “additional fraudulent misrepresentations” to have both loans forgiven, according to prosecutors…

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