Owner of Dallas cryptocurrency company charged with PPP fraud

📆 2022/11/09 23:54:00
📰 CBS DFW

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The owner of a North Texas cryptocurrency company was federally charged on Wednesday with defrauding the Paycheck Protection Program out of hundreds of thousands of dollars.

—

According to the indictment, Corona, who owns a cryptocurrency company called HODL LLC that operates a supposed investment fund called Bitcoin Bank America, allegedly fraudulently applied for two PPP loans totaling over $413,000 through two financial technology companies partnered with lenders.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

South Africa South Africa Latest News, South Africa South Africa Headlines