A Texas woman has been sentenced in federal court for her involvement in a scheme that led to more than $250,000 in fraudulent Paycheck Protection Program (PPP) loans under the CARES Act.
Daisha Sanders, 34, who previously lived in Kansas City, Missouri, received an 18-month prison sentence from U.S. District Judge Beth Phillips. The sentencing followed Sanders’ conviction for conspiracy to commit wire fraud related to obtaining PPP loans backed by the Small Business Administration as part of pandemic relief efforts.
According to court documents, Sanders worked with others to submit false PPP loan applications on their behalf. For each approved $20,832 loan, she received a kickback of $5,000. The total loss resulting from these fraudulent activities was approximately $270,820.33. As part of her sentence, Sanders has been ordered to pay restitution equal to this amount.
The case was prosecuted by Assistant U.S. Attorney Paul S. Becker and investigated by IRS-Criminal Investigation and the Kansas City, Missouri Police Department.
