Minnesota Man Pleads Guilty to Defrauding the United States in Paycheck Protection Program Scheme Received Over $1.2 million from Loans through Banks in Northwest Iowa and Minnesota

CHAMPLIN, MINNESOTA – A Minnesota man who participated in a scheme to defraud the United States out of Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) funds, and conspired to launder funds from over $1.2 million in illegally obtained loan…