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Episode 144: PPP Loan Fraud

In light of recent news that former New York Jets NFL wide receiver Joshua Bellamy was indicted on a $24 million scheme to defraud the popular coronavirus relief plan known as the Paycheck Protection Plan (PPP), we discuss this case in detail — as well as what generally constitutes PPP fraud, how certain individuals have exploited weaknesses in the PPP loan program and what the federal government is doing to combat fraud.