MEMPHIS, Tenn. — A Mississippi woman was sentenced last Thursday to federal prison after defrauding a COVID-19 relief program of over $5 million.
Lisa Evans, 42, of Olive Branch, Miss., has been sentenced to a year and a half in prison and was given an additional three years of supervised release.
In February, WREG reported Evans pleaded guilty to conspiracy to commit wire fraud against the Paycheck Protection Program.
According to reports, Evans submitted fraudulent PPP loan applications for multiple people who were not entitled to PPP loans. The applications she submitted had false representations, including fake federal tax documents.
The people who borrowed the loans paid Evans kickbacks of 20% to 30%. Reports say the loss to the PPP program was $5,126,258.
Evans was sentenced to 18 months in prison, followed by three years of supervised release for conspiracy to commit wire fraud.
She was also ordered to pay $4,400,723 in restitution to the U.S. Small Business Administration.
