15 People Arrested for Allegedly Using ‘Paycheck Protection Program’ Loans to Bail Themselves Out of Jail

15 People Arrested for Allegedly Using ‘Paycheck Protection Program’ Loans to Bail Themselves Out of Jail
President Joe Biden speaks about the American Rescue Plan and the Paycheck Protection Program (PPP) for small businesses in response to COVID-19 in the Eisenhower Executive Office Building in Washington on Feb. 22, 2021. Saul Loeb/AFP via Getty Images
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Illinois police have arrested 15 people after an investigation found they allegedly applied for and received multiple Paycheck Protection Program (PPP) loans, which they then used to bail themselves out of jail.

In total, 25 people were discovered to have been part of the alleged fraud, according to Fox 32 Chicago. At the time of the crime, they were facing felony charges and incarcerated. In order to qualify for a PPP loan, an individual cannot be charged with a felony. Some of the inmates bonded out of jail after receiving the PPP loan.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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