Posted on 11/05/2021 12:13:31 AM PDT by blueplum
The daughter of a Florida U.S. congressional candidate pled guilty to having received $300,000 in COVID-19 relief loans by submitting fraudulent information.
Damara Holness, 28, daughter of congressional candidate Democrat Dale Holness, appeared at a federal court in Fort Lauderdale on Wednesday where she faced serious allegations.
There, Holness told Judge Rodolfo Ruiz she would plead guilty...
....The DOJ statement continued: "Holness issued checks from the company bank account made out to others who agreed, for a fee, to help with the fraud."...
(Excerpt) Read more at newsweek.com ...
Guilty!!!
During the time of the alleged fraud, Holness served as President of the Broward County Democratic Black Caucus.
According to the Department of Justice (DOJ), Holness admitted she applied for a $300,000 forgivable federally-guaranteed Paycheck Protection Program (PPP) loan for her company Holness Consulting, Inc.
It added: “To justify the requested loan amount, Holness claimed in the online loan application, and through supporting fraudulent payroll tax forms, that her company employed 18 people and spent an average of $120,000 each month on payroll.”
But, it was later discovered Holness Consulting Inc had no employees and no payroll expenses.
Once the money landed in Holness’s account in July 2020, she allegedly spent months fabricating a paper trail to make it appear the company did in fact have employees and was spending the money on approved expenses.
The DOJ statement continued: “Holness issued checks from the company bank account made out to others who agreed, for a fee, to help with the fraud.”
Following Holness’s instructions, the people who received the checks would endorse and return them to her.
Wow...At first glance I thought her last name was Holiness...
“how much has the PPP program lost to fraud”
I would say much closer to 100% than 0%. I know of one business that repaved their parking lot with PPP money. The terms of the program were not violated so it’s not fraud but I fail to see how it is legitimate. The whole thing was just a handout that could easily be legally gamed.
Campaign posters designed by Dr. Seuss?
This group has been type that they are ENTITLED to government money so it’s not really stealing.
Taught
Quintessential Democrat
Steal $500 million and you earn honorary degrees from Yale and are the honoree at Beltwau cocktail parties.
Hah! It pays for me to read the comments before posting. You beat me to it by hours!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.