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Coppell man admits using fraudulent PPP loans to buy luxury cars, homes

Coppell man admits using fraudulent PPP loans to buy luxury cars, homes

A North Texas man pleaded guilty to using millions of dollars meant for businesses affected by the pandemic to buy homes and cars. A North Texas man pleaded guilty to using millions of dollars meant for businesses affected by the pandemic to buy homes and cars. The U.S. Justice Department said 55-year-old Dinesh Sah, of Coppell, admitted to submitting 15 fraudulent applications for loans through the Paycheck Protection Program. Sah received nearly $25 million in loans he said would be used to pay employees and help his businesses survive. Instead, prosecutors said he used the money to buy...

March 25, 2021
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