Belwood man ordered to pay back nearly $50K in fraudulently obtained PPP loans

BELLWOOD, Ill. — A former Illinois Tollway employee has been ordered to pay nearly $50,000 in restitution for stealing thousands of dollars in Paycheck Protection Program (PPP) loans during the COVID-19 pandemic.

Marcus Smith, a 46-year-old Bellwood resident who pleaded guilty to a felony charge of theft of governmental property, was ordered to pay back nearly $50,000 in restitution and was sentenced to 24 months of second-chance probation, Attorney General Kwame Raoul announced Thursday.

Prosecutors said during the COVID-19 pandemic, while working for the Illinois Tollway, Smith conducted a scheme to fraudulently obtain two PPP loans by falsely claiming that he owned a business…

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