Feds: Man used fraudulent PPP loan to buy alpaca farm
May 5, 2021
BOSTON (AP) — The owner of a Massachusetts pizza parlor lied about the number of employees he had to fraudulently obtain more than $660,000 in federal coronavirus relief funds, then used some of the money to buy and stock an alpaca farm in Vermont, federal prosecutors said Tuesday.
Dana McIntyre, 57, of Grafton, Vermont, was arrested Tuesday and charged with wire fraud and money laundering, according to a statement from the U.S. attorney's office in Boston.
He is scheduled to appear remotely in U.S. District Court in Boston later Tuesday.
"My client denies the allegation and will have fur...