Middletown resident pleads guilty to bank fraud, admits seeking $4.7M in fraudulent PPP loans

PROVIDENCE – A Middletown resident has admitted in federal court that he fraudulently sought $4.7 million in Paycheck Protection Program forgivable loans, the U.S. Attorney’s Office District of Rhode Island announced Tuesday. Michael C. Moller admitted in court that he applied for and received nearly $600,000 in PPP loans that he claimed would be used…

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