politics
Massachusetts mayor arrested on federal fraud charges
Mayor Brian DePena of Lawrence, Massachusetts, was arrested Friday on federal charges that he fraudulently obtained more than $1.5 million in COVID-19 small-business loans and diverted the money to his political campaign and personal debts.
TL;DR
- Mayor Brian DePena of Lawrence, Massachusetts, arrested on federal charges.
- Accused of fraudulently obtaining over $1.5 million in COVID-19 small-business loans.
- Allegedly diverted funds to his political campaign and personal debts.
- Charged with wire fraud and money laundering.
- Funds were obtained through the Small Business Administration’s Economic Injury Disaster Loan program for Tenares Tire Services.