Texas woman accused of using $3.7M in PPP loans for homes, Chanel

A 37-year-old woman in Texas has been indicted on charges that she secured a $3.7 million Paycheck Protection Program loan and spent the funds on luxury items for herself. 
LaDonna Wiggins of Houston has been indicted for bank fraud, making a false statement to a bank and money laundering. She faces up to 30 years in prison for misappropriating funds meant to save businesses amid the coronavirus pandemic. 


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