LITTLE ROCK, Ark. – A Little Rock woman is facing two years in federal prison after admitting to a multi-million-dollar fraud in federal court.
Officials with the U.S. Attorney’s Office for the Eastern District of Arkansas said 33-year-old Chandler Carroll admitted to fraud in getting $2.1 million in COVID-19 relief loans during the pandemic.
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Jonathan D. Ross, United States Attorney for the Eastern District of Arkansas, and Alica D. Corder, Special Agent in Charge of the FBI Little Rock Field Office, announced the sentence, which United States District Judge D.P. Marshall, Jr handed down on Thursday.
Carroll admitted to wire fraud on July 8, officials said, in connection with obtaining a $1.6 million Paycheck Protection Program (PPP) loan. In her plea agreement, Carroll admitted receiving federal payments from four fraudulent loans totaling $2,087,623.00. Of that total, $159,572.62 has been recovered, and Carroll has been ordered to pay the remaining restitution of $1,928,050.38. The judge also sentenced Carroll to two years’ supervised release after completing her sentence…