Source: United States Department of Justice News
Tiyari Collins and Farah Collins, husband and wife, have pleaded guilty to defrauding the U.S. Small Business Administration (“SBA”) by obtaining approximately $1.9 million in fraudulent loans from the Paycheck Protection Program (“PPP”) and Economic Impact Disaster Loan (“EIDL”) program. Tiyari Collins, who owned and operated Collins Financial Services Group, a tax-preparation business based in metro Atlanta, also pleaded guilty to filing thousands of fraudulent tax returns resulting in a loss of at least $3.8 million to the IRS.