Friday, September 27, 2024

Lorenzo Gordon Pleads Guilty to PPP Loan Fraud


Back in January retired NBA player Lorenzo Gordon was charged with PPP Loan fraud just weeks after his baby mama, former Basketball Wives cast member Brittish Williams, gave a pre jail interview claiming he was well aware of her PPP Loan fraud activities [click here if you missed that]. 

Now Lorenzo has pled guilty...

A former professional basketball player has pleaded guilty to loan fraud related to COVID-19 economic relief.
Lorenzo Gordon, 41, of Chesterfield, Missouri, pleaded guilty to one felony count of theft of government money.
According to court documents, Gordon admitted to fraudulently applying for two loans from the Paycheck Protection Program (PPP) and three loans from the Economic Injury Disaster Loan Program (EIDL). Both loan types were meant to help businesses and their employees during the COVID-19 pandemic. In the application for the loan programs, there was false information about three companies that applied for the loans: Logo Fitness LLC, Elite 50 Basketball Training LLC and Elite Health and Fitness Company LLC.
According to court documents, Gordon received $107,074 in PPP loans and $165,700 in EIDL loans and advances.
The admission came as a part of Gordon’s plea deal.
Gordon is scheduled to be sentenced on January 9, 2025.
The theft charge is punishable by up to 10 years in prison, a $250,000 fine, or both.

7 comments:

Anonymous said...

So the baby momma and the baby daddy will be locked up for stealing PPP money?? WOWZERS!!!

robin said...

2 lying stealing losers! pussy and dick go together!

No Chiraq said...

Phat & Sloppy ball player

Anonymous said...

I didn’t even know this was still a thing. They are not playing with those PPP Loan scams! So glad I never filed for one. I was really tempted.

LOLOL said...

I filed but the money was all gone. All the thieves got to it first. Sounds like a win for me but it wasn't a scam.

Anonymous said...

A scam for Americans but free money for no good reasons to illegals. Giving money to illegals is a scam to Americans.

Anonymous said...

822

Vote for Trump

Post a Comment

Commenting Rules: Please watch your language. Disguise curse words if you must use them and do not threaten or attack other commenters.

Comments violating the rules will be deleted.