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Officials: Virginia man took Vegas trip with $350K PPP loan

Posted at 11:18 AM, Dec 10, 2020
and last updated 2020-12-10 11:18:46-05

NORFOLK, Va. -- A Virginia man who authorities say used a fraudulently obtained $350,000 Paycheck Protection Program loan for personal expenses has pleaded guilty to bank fraud.

The U.S. Attorney’s Office for the Eastern District of Virginia said in a statement Scott Suber entered the plea in federal court Wednesday.

Court documents say Suber’s application for the loan fabricated the number of employees at his Virginia Beach-based business.

The statement says he also fabricated how much he had to pay in wages at Debris or Not Debris Property Preservation.

Prosecutors say he took a trip to Las Vegas after he got the money. Suber could face up to 30 years in prison when he’s sentenced next year.

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