Financial Fraud News Update

Offices of the United States Attorneys

You are subscribed to Financial Fraud news updates. This information has recently been updated, and is now available. Utah Accountant Sentenced after Fraudulently Obtaining Over $221,000 in Paycheck Protection Program Loan Funds 02/17/2026 07:00 AM EST SALT LAKE CITY, Utah – a Salt Lake City accountant was sentenced today upon his felony conviction after he fraudulently obtained about $221,400 in Paycheck Protection Loan (PPP Loan) funds and Economic Injury Disaster Loan (EIDL Loan) funds for clients, without their knowledge. As a result, he personally gained about $10,150 from the scheme, which he was ordered by the court to pay in restitution.

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