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## Kingdom City Business Owner Sentenced for Fraudulent Pandemic Loans

A Kingdom City business owner, Scott Maples, 40, has been sentenced in federal court for fraudulently receiving over $673,000 in pandemic loans. The U.S. Department of Justice announced that Maples will serve 18 months in federal prison without parole and must pay $684,034 in restitution.

## Details of the Fraudulent Scheme

Maples pleaded guilty to one count of bank fraud, admitting that he falsified information to apply for and receive Paycheck Protection Program (PPP) loans. He inflated and misrepresented payroll expenses for his three businesses, and also submitted counterfeit bank statements and tax forms to support his applications.

## Fraudulent Loans Received by Maples’ Companies

Maples’ three companies, Maples Enterprises, Clearance Depot, and Area 23, LLC, were the recipients of the fraudulent loans, ranging from $51,000 to $270. The scheme was orchestrated to obtain financial benefits through deceitful means.

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