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Brian DePena, the mayor of Lawrence, Massachusetts, has been arrested on federal charges of wire fraud and money laundering related to the fraudulent acquisition of over $1.5 million in COVID-19 small-business loans. Prosecutors allege he diverted funds for personal debts and his political campaign. If convicted, he faces significant prison time.
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Brian DePena, the mayor of Lawrence, Massachusetts, has been arrested on federal charges of wire fraud and money laundering related to the fraudulent acquisition of over $1.5 million in COVID-19 small-business loans. Prosecutors allege he diverted funds for personal debts and his political campaign. If convicted, he faces significant prison time.
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Massachusetts mayor charged with laundering $1.5 million in COVID-19 loan racket
Lawrence Mayor Charged with Fraud and Money Laundering Related to COVID-19 Loans