Leslie Bethea Wiki – Bio
Leslie Bethea, a Hawkins County woman previously convicted of wire fraud in 2019, is now sentenced to 78 months for Paycheck Protection Program (PPP) loan fraud and supervised release violation after spending around $8K of a $21K PPP loan. The money came from a Covid relief loan that she lied to get during the pandemic.
On June 14, 2022, the Federal Grand Jury indicted Bethea for conspiracy to commit wire fraud, wire fraud, money laundering, and false statements. She agreed to plead guilty to one count of wire fraud and one count of making a false statement to her probation officer. After Bethea’s incarceration, she will be on supervised release for three years and is ordered to pay restitution totaling $20,805 for her theft.
Leslie Bethea is 30 years old.
Hawkins County woman Leslie Bethea who lied to get PPP loan sentenced to prison 78 months, prosecutors say
The US Attorney’s Office in Greeneville said Judge J. Ronnie Greer sentenced the 30-year-old man to six and a half years in federal prison for defrauding the PPP loan program, according to court documents. It mentions that Bethea was previously sentenced to 24 months in prison for wire fraud in September 2019 and was released early on October 8, 2020. The feds said she was on supervised release when she applied for a $20,805 PPP loan on March 29, 2021.
The document states: “The fraudulent PPP loan application stated that Bethea had earned $99,835 during the calendar year 2019 (a year Bethea was incarcerated), falsely claimed that Bethea had not been convicted of any fraud crimes over the past five years and attached a fraudulent income tax Schedule C as evidence of his claim that he earned $99,835. A PPP loan was approved based on Bethea’s fraudulent application, and Bethea received $20,805 on April 15, 2021. Bethea used a portion of the proceeds from the fraudulent loan to pay off a five-a-day loan at a resort in Sunny Isles Beach, Florida. According to the DailyMail, she shelled out $3K for a five-day stay at the Trump International Beach Resort, where one-bedroom suits cost more than $600 a night. She also used part of the fraudulent loan proceeds to pay for an elective cosmetic surgical procedure while she was there. However, it is unknown what the plastic procedure was used for.
What are PPP loans?
According to the US Senate Committee on Small Business and Entrepreneurship, the loan provides eight weeks of cash flow assistance to small businesses through 100 percent federally guaranteed loans to employers who maintain their payroll during the COVID-19 pandemic. It is a fully forgivable loan intended to help people whose income has been compromised by the pandemic.
Read More: Who is Evan Lambert? Wiki, Biography, Age, Family, Arrested, Investigation Report