Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Brooklyn Man Charged With Defrauding PPP Of $2 Million

by ErinBoogie
December 22, 2020
Reading Time: 1 min read
1
Leon Miles
Share on FacebookShare on Twitter

On Monday, a Brooklyn man was arrested for defrauding the federal Paycheck Protection Program of almost $2 million. 

NBC News 4 Washington reports that Leon Miles, 51, is accused of applying for $1,904,593 in May on behalf of his limited liability company. According to court papers, he claimed the company had 50 employees and an average monthly payroll of $761,838. To support his application, Miles filed fake personal and business tax forms, which were never filed with the IRS. Miles reported no taxable income to the IRS and no wages paid to employees during the timeframe listed in the phony tax documents.

Instead of using the money for business, Miles used the money to purchase several high-end vehicles. He spent several hundred thousand on buying a 2020 Bentley Continental and a 2020 Cadillac Escalade. In total, Miles spent $350,000 on the cars.

The PPP offers financial assistance to small businesses as part of the CARES Act passed by Congress in March. The program provides forgivable loans to business owners for expenses like payroll costs during the coronavirus pandemic.

“At a time when so many are suffering from the devastating economic efforts of the ongoing pandemic, Miles allegedly enriched himself at the taxpayers’ expense, stealing funds that were intended by Congress to keep businesses afloat and workers on payroll,” Acting U.S. Attorney Seth D. DuCharme said.

Miles was scheduled to appear in a Brooklyn federal court on Monday.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: BrooklynFraudPpp

Related Posts

Southern University Expels Omega Psi Phi After Hazing Death of Student Caleb Wilson
News

Southern University Expels Omega Psi Phi After Hazing Death of Student Caleb Wilson

July 22, 2025

Southern University has officially expelled the Omega Psi Phi Fraternity, Inc. from campus following the hazing-related death of 20-year-old mechanical...

Ex-Cop Sentenced to 33 Months for Role in Breonna Taylor Raid
News

Ex-Cop Sentenced to 33 Months for Role in Breonna Taylor Raid

July 21, 2025

Former Louisville police officer Brett Hankison has been sentenced to 33 months in prison for his role in the 2020...

Malcolm-Jamal Warner on The Cosby Show's Legacy: "The Show Shed Light on Previously Ignored Black Middle Class Families"
Entertainment

Malcolm-Jamal Warner, Beloved ‘Cosby Show’ Star, Dies at 54 After Accidental Drowning in Costa Rica

July 21, 2025

Malcolm-Jamal Warner, the actor who became a household name as Theo Huxtable on The Cosby Show, has passed away at...

Keith McAllister
News

Long Island Man Tragically Dies After MRI Machine Pulls Him In Over Heavy Chain Necklace

July 21, 2025

Keith McAllister, 61, tragically died after a freak MRI accident at Nassau Open MRI in Westbury, New York, leaving his...

Next Post
United Flight Stranded for Days on Remote Island Due to Weather After Emergency Diversion

Passengers Haven't Received Any Notifications After COVID-19 Related Death On Flight

Comments 1

  1. Torres says:
    5 years ago

    Miles f’d up. However, I know for a fact that there are other businesses here in BK that misappropriated PPP funds. It ain’t just Black and Latinx business. What about the businesses here in BK that lied on their applications. Folks are using PPP money to buy cars, pay rent on vacation homes, and shit. Why not convict them too.

    Reply

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d