US News | The Epoch Times

Former Olympic Speed-Skater Found Guilty of Pandemic Loan Fraud in Utah US News | The Epoch Times https://ift.tt/aX8nLSY A federal jury found a former Olympic speedskater guilty of fraud Thursday, ruling that the Utah native gave false information to banks to receive a fraudulent $10 million small business loan from government pandemic relief funding. Allison Marie Baver, 42, a retired Olympic short track speedskater who was on a team that won a bronze medal in the 2010 Olympic Games, was found guilty of two counts of making false statements to influence a bank, one count of money laundering, and one count of contempt on Thursday. According to court documents, Baver provided false information on loan applications for her company, Allison Baver Entertainment LLC, and submitted eight fraudulent applications for the Paycheck Protection Program for her small company, according to a statement from the U.S. Department of Justice.... July 01, 2023 at 06:02AM https://ift.tt/0JfIuve Elizabeth Dowell https://ift.tt/62gDKcs