Riverview man accused of stealing $40K in COVID-19 relief funds
TAMPA, Fla. (WFLA) — A Riverview man was arrested after federal prosecutors allege he fraudulently applied for two Paycheck Protection Program loans that were meant to help small businesses recover from the COVID-19 pandemic.
David Antonetti, 28, allegedly made “false representations” on applications in order to secure the loans, according to the U.S. Department of Justice. Antonetti allegedly said he was an owner and sole employee of a video production company that didn’t exist, according to the indictment.
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He allegedly stole more than $40,000 in PPP loans and transferred the money to bank accounts under his name in April and May of 2021, according to the DOJ.
If convicted, Antonetti could face up to 20 years in federal prison.
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