News

Trucking company owners plead guilty to PPP loan fraud

Share
Trucking company owners plead guilty to PPP loan fraud
Share

During the pandemic the government tried its best to provide relief for individuals and business owners. During this time many fraudulent claims for loans were being investigated and according to Overdrive, “Semsi Salja and Anes Suhonjic, the owners of 47-truck Grand Rapids, Michigan-based trucking company DMR Transportation, pleaded guilty in federal court earlier this month to conspiring to commit bank fraud in connection with a $290,855 loan under the Paycheck Protection Program (PPP)”. This program was in response to COVID 19 set by Congress in 2020. Many were able to get funds but as said by United States Attorney Mark Totten, “The PPP involved a limited pool of funds to help small businesses wracked by the disruption of a global pandemic”. These were forgivable loans through the CARES Act to help economic efforts during COVID-19.

He also expressed his frustrations on how fraudulent loans only hurt others that are being neglected funds. He is committed to continuing to investigate and prosecute cases with potentially fraudulent claims. Both owners face a maximum of five years in prison.

Share

Upcoming Events

Our Sponsors

Related Articles
Nearly 85% of Commercial Vehicles Clear CVSA Brake Safety Week Without Out-of-Service Violations
InformationNewsSafety

Nearly 85% of Commercial Vehicles Clear CVSA Brake Safety Week Without Out-of-Service Violations

Nearly 85% of commercial vehicles inspected during the Commercial Vehicle Safety Alliance's...

Army Veteran Joshua Kearney Wins Custom Kenworth W990 and ,000
AwardsInformationNews

Army Veteran Joshua Kearney Wins Custom Kenworth W990 and $50,000

U.S. Army veteran and Purple Heart recipient Joshua Kearney won Pilot's 2026...

CVSA Announces 2027 Roadcheck and Brake Safety Week Dates
InformationNewsSafety

CVSA Announces 2027 Roadcheck and Brake Safety Week Dates

The Commercial Vehicle Safety Alliance (CVSA) has released its 2027 enforcement calendar,...

ATA Economist Says Trucking Recovery Has Begun as Freight Capacity Tightens
InformationNews

ATA Economist Says Trucking Recovery Has Begun as Freight Capacity Tightens

The U.S. trucking market is beginning to recover from a prolonged freight...