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Lemont woman accused of stealing over $500K in PPP loan fraud scheme

Shawlocal··Chicago
Lemont woman accused of stealing over $500K in PPP loan fraud scheme

Illinois authorities charged Lemont resident Yvette Wilson with 47 felonies over an alleged scheme to obtain more than $500,000 in Paycheck Protection Program loans. The charges include theft, financial institution fraud, loan fraud, wire fraud and forgery. Prosecutors say Wilson submitted applications between March and September 2021 using false income, employment and tax information. The case was filed in Cook County; Wilson faces up to 15 years if convicted of the most serious charge.

Read more at shawlocal.com
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