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Business owner guilty of $2M in coronavirus relief fraud

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MIAMI – A Florida business owner has been convicted of illegally receiving more than $2 million in coronavirus relief funds.

A federal jury in Fort Myers found Casey David Crowther, 35, guilty Friday of bank fraud, making a false statement to a lending institution and two counts of money laundering, according to court records. A sentencing date hasn’t been set.

Crowther applied for a loan last April on behalf of his company, Target Roofing & Sheet Metal, Inc., according to a criminal complaint. Prosecutors said he claimed the funds would only be used for business-related purposes, such as retaining workers and paying bills.

But shortly after receiving the money $2.1 million, Crowther made a series of personal purchases, including nearly $690,000 on a 2020 40-foot (12-meter) catamaran, which he registered in his name, the complaint said. He also paid $100,000 to a former business partner.

Crowther concealed the scheme by providing false explanations for the expenditures to his bank, prosecutors said. He added multiple family members to his company’s payroll who did not actually perform work and created 39 fake employees, officials said.

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The Paycheck Protection Program represents billions of dollars in forgivable small business loans for Americans struggling because of the COVID-19 pandemic. It’s part of the Coronavirus Aid, Relief and Economic Security Act, which became federal law in March.

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Follow AP coverage of the pandemic at https://apnews.com/VirusOutbreak and https://apnews.com/UnderstandingtheOutbreak.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.



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Local entrepreneur fights gender stereotypes through clothes – WKRC TV Cincinnati

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Local entrepreneur fights gender stereotypes through clothes  WKRC TV Cincinnati



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Financial, IT stocks give Sensex 272-pt lift as bulls rule Street for second day

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NEW DELHI: Domestic equity benchmarks rose for a second straight day on Thursday amid buying in defensives such as IT and financial stocks on hopes of a faster recovery after greater access to vaccines as the US decided to waive Covid-19 intellectual property rights.

Vaccinations are likely to pick up now even as India continues to report a record number of daily cases and a positive global market is aiding the domestic market to ride a positive wave, say analysts.

The 30-share pack Sensex rose 272.21 points or 0.56 per cent to close at 48,949.76. The index traded in the range of nearly 400 points during the day. Its broader peer NSE Nifty advanced 106.95 points or 0.73 per cent to settle at 14,724.80.

“Biden’s decision to waive intellectual property rights on vaccines pumped in global optimism. Metal stocks continued to outshine other sectors as it kick-started its earning season on a better-than-expected note. Auto and IT were the other sectoral leaders while mid- and small-cap stocks mirrored the trend,” said Vinod Nair, Head of Research at

Financial Services.

Market at a glance

  • Tata Steel gains 3 per cent after all-round Q4 performance; analysts upbeat
  • IDBI Bank rises 7 per cent after Cabinet approves strategic disinvestment
  • Hero MotoCorp jumps 5 per cent ahead of Q4 earnings
  • Profit booking in Sun Pharma a day after surge
  • PSU banks also see profit booking after gaining for two days



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Business Northwest, Anglican Church in discussion over Norfolk Pine lights | The Advocate

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Business Northwest and St George’s Anglican Church are currently working on a Memorandum of Understanding over the use of the LED lights wrapped around the giant Norfolk Pine in Burnie. While the council paid the $70,000 for the lights, the tree is on the land of the Anglican Church, giving them a say on when the lights are used. Business Northwest president Ian Jones said under the agreement there would be a number of dates and days where the lights will be able to be in use. “There are specific days we’ve suggested we’d like to illuminate the tree (like Anzac Day),” Mr Jones said. RELATED: Burnie’s big Christmas tree set to light up “There’s no drama… it’s just (the church’s) property, so they want to know when there’s going to be people there. “It’s only courteous to advise them,” Mr Jones said. He said this was always going to be the agreement, and that this was just the process of putting that into writing. RELATED: Vincent Industries makes light work of Burnie’s $70,000 Christmas tree “These light will last a long time,” Mr Jones said. “This is a long-term investment. “If there are other significant days that come up… like if the Dockers got into the grand final… I’m sure we could arrange that.” Our journalists work hard to provide local, up-to-date news to the community. This is how you can continue to access our trusted content:

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