Georgia residents convicted in multi-million dollar PPP loan fraud scheme

Georgia – Two residents of Georgia were found guilty by a federal jury in Atlanta for their involvement in a fraudulent scheme exploiting the Paycheck Protection Program (PPP) for over $11 million. Teldrin Foster, 42, from Decatur, faced multiple charges, including bank fraud, wire fraud, and money laundering related to 14 loan applications. Carla Jackson, 55, from Tucker, was convicted on two counts of money laundering associated with the proceeds from a PPP loan.

Story continues

TRENDING NOW

LATEST LOCAL NEWS