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January 11, 2021

Fraud charges over $2M in CARES loans

PORTLAND (AP) — Two men are accused of converting for personal use more than $2.2 million in loans meant to help small businesses during the coronavirus pandemic.

Andrew Aaron Lloyd, 50, of Lebanon, and Russell A. Schort, 38, of Myrtle Creek, are charged with wire fraud, bank fraud and money laundering in federal court in Eugene, The Oregonian/OregonLive reported.


 
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