District of New Mexico Joins DOJ Fraud Division, SBA, and SBA OIG in Surge Takedown Exceeding $245 Million in COVID-era Loan Fraud

Source: United States Department of Justice Criminal Division

The U.S. Attorney’s Office for the District of New Mexico today announced the sentencing of Scott A. Spiro as part of a nationwide enforcement action led by the Justice Department’s National Fraud Enforcement Division, the Small Business Administration (SBA) and the SBA Office of Inspector General targeting fraud in the SBA’s Paycheck Protection Program (PPP).