Three Indicted in $1.4 Million PPP Loan Fraud Scheme
EAST ST. LOUIS – Three men from the Metro East area have been indicted by a federal grand jury for their alleged involvement in a scheme to defraud the Paycheck Protection Program (PPP) during the COVID-19 Pandemic. Dana C. Howard, 52, of O’Fallon, Richard Scott Myers, 63, of Edwardsville, and Glenn Sunnquist, 53, of Swansea, face multiple charges, including conspiracy to commit wire fraud and wire fraud. The indictment, which was returned recently, accuses Howard and Myers of misusing a PPP loan of $1,426,500 obtained in April 2020. The loan was purportedly intended to support their construction company, Zoie, LLC, and freight company, Zade Trucking, both based in East St. Louis. Instead, it is alleged that the funds were diverted for personal use and for the benefit of another business they owned. U.S. Attorney Rachelle Aud Crowe stated, “In one of the most prevalent and widespread fraud crimes in American history, any greedy individuals who sought to steal from
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