Leesburg fraudster used PPP cash for Cessna aircraft, Lexus automobile, prosecutors say
LEESBURG, Va. (FOX 5 DC) - A Leesburg man is facing charges after he allegedly used the CARES Act Paycheck Protection Program to swindle the government out of $2.5 million, which he spent on items including a Cessna aircraft and a Lexus.
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The CARES Act Paycheck Protection Program was established to help businesses struggling during the novel coronavirus pandemic.
According to prosecutors, 48-year-old Didier Kindambu was able to get two loans through the program through two businesses he owns.
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They say he created fraudulent payroll documentation for the businesses and then used it to apply for funding.
Kindambu is charged with one count of bank fraud.
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If he’s convicted, Kindambu could face 30 years in prison.