REPORT: $9M Main Street Lending Program Loan Went To Firm Tied To Convicted Felon Who Was Sentenced to Prison For Tax Fraud 3 Weeks Later
WASHINGTON, D.C. – New reporting by the Kansas City Star reveals that a $9 million taxpayer-backed Main Street Lending Program (MSLP) loan went to a Kansas-based trash collection company that reports having just three drivers and was recently controlled by a convicted tax felon. Warren L.C. — whose management was transferred from Thomas Fritzel to his wife sometime after May 2019 — was approved for the loan just three weeks before Mr. Fritzel checked into in a federal prison in South Dakota for tax fraud. See additional details about the loan HERE from government watchdog Accountable.US.