MEMPHIS, Tenn. (WREG)— A Memphis woman is accused of illegally obtaining thousands of dollars in federal PPP loans, and spending the money on personal travel, concerts, gambling and a new Maserati.
Kenyatta Danielle Hooper, 34, was charged by a federal grand jury in May with six counts of wire fraud. She was arrested last week, according to U.S. Attorney Joseph C. Murphy of the Western District of Tennessee.
Murphy’s office said Hooper allegedly submitted fake documents and fraudulent applications for the Payment Protection Plan loans and directed others to do the same. Those loans were supposed to be used for business payroll, rent or utilities as part of the government’s effort to assist small businesses in the wake of COVID-19.
But authorities said Hooper spent the money on herself, including the purchase of the sports car. She also allegedly took kickbacks for helping others to file fraudulent loan applications.
The fraudulent scheme drew sharp comments from the U.S. Attorney for the Western District of Tennessee, saying in part, “Bad actors, unfortunately, have targeted this critical assistance program and fraudulently diverted much-needed resources.”
Prosecutors did not reveal many details about the scheme, but Kenyatta Hooper in Memphis is listed in an online database as having received a PPP loan worth $38,070 in March 2021. The business listed on her application…
