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Man Steals $487K COVID Relief, Faces 30 Years

Published 1 week ago
Description

56-year-old Kansas City man, Lorenzo Boles, pleads guilty to wire fraud and money laundering, stealing nearly $500,000 in COVID-19 relief funds through a fake Paycheck Protection Program loan. Boles pocketed around $90,000 for personal use, including a $50,000 payment to himself. Sentencing details pending, with a maximum penalty carrying no parole.

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