Four Cook County employees committed “financial fraud directed at the federal government” by wrongly collecting roughly $120,000 in payroll protection plan loans intended to help businesses survive the pandemic, according to a report from the county’s inspector general.
People walk past City Hall and the County Building on Sept. 3, 2020, in Chicago's Loop.
The employees were not named in the report. But it noted that three work in offices under Cook County Board President Toni Preckwinkle that handle sensitive financial matters, while a fourth works at the county’s Board of Review.The federal paycheck protection program was rife with fraud, with some experts estimating $80 billion in loans
They found that a Department of Revenue employee received two PPP loans that totaled nearly $39,000 by saying she was “self-employed,” according to the report. That employee later admitted “that she falsely claimed to own a business that did not exist in order to obtain funds through a federal PPP loan,” and “improperly spending those funds on personal expenses,” the report stated.
The employee admitted using the money “for personal family vacations … on several occasions,” the report says. She also had failed to report to the county that she had a second job, the report said.
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