Mustafa Qadiri of Southern California man has pleaded not guilty to charges of defrauding the Paycheck Protection Program for his personal use. He is charged with receiving $5 million dollars in federal funds for phony businesses. In addition, he used the money for expensive vacations and to purchase a Ferrari, a Bentley, and a Lamborghini.
Qadiri was arrested and will go to trial in June on multiple charges: bank fraud, wire fraud, aggravated identity theft, money laundering, altered bank records, fake tax returns, false information about employees. His lawyer refused to comment on his client’s situation.
– Ella Breedlove