News Snapshot:
Muge Ma was arrested in May 2020 by federal authorities who said he had applied to at least five banks to try to get more than $20m in government-guaranteed loans from the Paycheck Protection Program and the Economic Injury Disaster Loan programme. Prosecutors said Ma's fraud convinced one bank to approve and disburse more than $800,000 in loan funds for one of Ma’s companies, although the money was frozen during the investigation [File: Carlo Allegri/Reuters] Published On 21 Apr 2022 21 Apr 2022 facebook twitter whatsapp A Chinese man was sentenced to more than four years in prison Thursday after...
