DOJ: Fresno man uses fraudulant funds to purchase land

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FRESNO, Calif. (KSEE/KGPE) – A 37-year-old proprietor of a trucking institution from Fresno pleaded blameworthy Tuesday to 1 number of theft of authorities property, according to acting U.S. Attorney Michele Beckwith with the national Department of Justice.

Court documents amusement that Bath and different household members operated 2 Fresno County businesses, G.S. Bath Inc. and Complete Transportation Solutions.

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In 2020 and 2021,  the DOJ says Bath applied for and received 3 PPP (Paycheck Protection Program) loans totaling implicit $1 million. To get the loans, Bath knowingly falsified records to inflate his business’s employees and their wages.

Bath past utilized astir $600,000 of those funds to acquisition 2 parcels of cultivation onshore successful Fresno County, according to national prosecutors.

Bath is scheduled to beryllium sentenced successful October. Bath could look a maximum statutory punishment of 10 years successful situation and a $250,000 fine.

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