Five people are behind bars on federal charges for their role in a scheme to unlawfully obtain nearly 1.6 million dollars in COVID-19 relief funds.
The arrests happened in Kentucky, Indiana, and Colorado.
A federal grand jury in Louisville returned an indictment, which charges two individuals with wire fraud, conspiracy to commit wire fraud, aggravated identity theft, and money laundering.
Two others were charged with conspiracy to commit wire fraud.
In total, the defendants combined caused more than 20 Economic Injury Disaster Loans applications and more than 50 PPP applications to be filed on behalf of ineligible borrowers.
The scheme took place over two years.
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