Michigan Man Convicted for $4.1 Million COVID-19 Relief Scheme

Johnny Ho, of Novi, Mich., was convicted over his role in a wire fraud and money laundering conspiracy to submit falsified PPP and EIDL loan applications to illegally obtain over $4.1 million in Covid-19 relief funds, according to the Department of Justice Thursday.

Ho, who owned Diva Nails & Spa III LLC, and his coconspirators allegedly submitted 29 fraudulent loan applications for 16 businesses, according to the Justice Department.

The department said he is scheduled to be sentenced Sept. 27, facing one count of conspiracy to commit wire fraud, two counts of wire fraud, and two counts of money laundering. ...