SANTA ANA—An Orange County man was arrested May 7 on federal charges alleging he fraudulently obtained about $5 million in Payment Protection Program (PPP) loans for his sham businesses, then used the money on himself, including purchasing Ferrari, Bentley and Lamborghini sports cars. Mustafa Qadiri, 38, of Irvine, was named in a federal grand jury…
Irvine Man Arrested on Federal Fraud Charges Involving PPP Loans
May 7, 2021
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COVID-19economyfederal chargesFraudirvineLoanspandemicpayment protection programPPPSmall BusinessesSouthern CaliforniaUSUS Regional News
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