Florida Coronavirus pandemic reports Florida

Fake Florida ministry got over $8M in coronavirus relief funds: reports

Reading now: 357
foxnews.com

Federal authorities seized $8.4 million in coronavirus pandemic relief loans obtained by a family running a fake ministry in Florida, according to reports.

Joshua Edwards, a vice president of ASLAN International Ministry, applied for a $6.91 million loan from the federal Paycheck Protection Program (PPP).

Edwards portrayed his ministry as a successful organization with just under 500 employees, with monthly payrolls totaling $2.76 million and revenues exceeding $51 million, the Orlando Sentinel reported, citing court documents.

The federal PPP program eventually provided Edwards’ ministry with funds in excess of what he asked. He had provided IRS documents and bank account summaries with a cover letter from an accounting firm.

Read more on foxnews.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA