St. Louis man sentenced to 10 years in prison for using PPP loans to buy luxury cars
A St. Louis man was sentenced to more than 10 years in prison after he admitted to misusing Paycheck Protection Program loans intended to help small businesses through the pandemic.
aRobert Williams, 58, was sentenced to 125 months in federal prison after pleading guilty to numerous counts of bank fraud.
According to a press release from Sayler Flemming, the U.S. attorney for the Eastern District of Missouri, Williams submitted about 30 different PPP loan applications with false information.
According…