The 43-year-old admitted to using his dentist business to get two Paycheck Protection Program loans.
According to court documents, lied about his number of employees and monthly payroll expenses. He also fabricated documents for the application.Itasca ISD trustees have suspended Superintendent Michael Stevens because of his arrest on Thursday. Bui then used the $1.89 million in forgivable loans on non-business expenses and personal investments, the U.S. Attorney’s Office said.He will also have to pay nearly $1.5 million in restitution.
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