North Carolina father and son sent to prison for embezzling $1.7 million COVID relief
Posted on AllSides December 8th, 2022
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A North Carolina man and his son were sentenced to prison this week for submitting fraudulent loan applications seeking $1.7 million in COVID-19 relief.
Izzat Freitekh, 57, of Waxhaw, North Carolina and his son, Tarik Freitekh, 35, of Glendale, California, submitted applications for forgivable Paycheck Protection Program, or PPP, loans, which were guaranteed by the Small Business Administration under the Coronavirus Aid, Relief, and Economic Security, or CARES, Act.
Izzat was sentenced to four years in prison and Tarik was sentenced to just over 7 years in prison, according to a press...