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Tedje Menard admitted in court to lying on an application for the Paycheck Protection Plan by inflating his business's income and hiding his criminal history to get a $20,833 loan, the US Attorney's Office said.
He also admitted to stealing another person's identity to rent an apartment in East Boston, the prosecutor said. Menard also applied for a $40,000 Economic Injury Disaster Loan using that person's name and social security number. It's unclear if he received the money.
Menard faces up to 20 years in prison and a $250,000 fine for wire fraud, federal authorities said. Aggravated identity theft brings a mandatory consecutive two-year sentence, and he faces five years for using someone else's social security information.
A judge will sentence Menard in November.
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