FBI Arrests Pittsburgh Man For Allegedly Submitting Fake PPP Loan Applications
By: KDKA-TV News Staff
PITTSBURGH (KDKA) - The FBI has arrested a Pittsburgh man for allegedly committing bank fraud and money laundering.
According to investigators, Randy Frasinelli was defrauding the Payroll Protection Program.
Frasinelli allegedly submitted fake PPP loan applications and then would funnel to that money into other accounts.