CINCINNATI (WKRC) - A local man who filed for relief money under the Paycheck Protection Program (PPP) has pleaded guilty in U.S. District Court to one count of wire fraud.
Willie Boyce, 41, pleaded guilty on Monday, and has agreed to pay $41,040 in restitution, in addition to any prison time he may serve.
Boyce reportedly applied for two PPP loans in April 2021, claiming he owned a business that provided taxi and ridesharing services.
In the applications, Boyce claimed a gross income of $98,500 in 2019, despite the fact that he was in prison for the entirety of that year.
Boyce used his halfway house address as the address for the business and submitted a forged bank statement, sources say.
Boyce was accused to fraudulently applying for PPP loans in February 2023.