Massachusetts mayor arrested over alleged $1.5m Covid relief loan fraud
- Lawrence Mayor Brian DePena faces single counts of both wire fraud and money laundering following his Friday arrest.
- The 61-year-old is accused of fraudulently obtaining a $1.5 million COVID-19 small-business loan meant for his tire sales operation.
- Rather than using the funds for the business, DePena allegedly spent over $880,000 on high
Unverified
- Lawrence Mayor Brian DePena faces single counts of both wire fraud and money laundering following his Friday arrest.
- The 61-year-old is accused of fraudulently obtaining a $1.5 million COVID-19 small-business loan meant for his tire sales operation.
- Rather than using the funds for the business, DePena allegedly spent over $880,000 on high
Sources: The Independent