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45°
Sunday, may 5
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Indy Publish
Police & Fire
Brighton Food Truck Owner Used $1.5M Of Covid Relief Funds To Buy Stocks: Feds
A Brighton food truck owner admitted this week to filing fake loan applications for $1.5 million in Covid-19 relief funds that he used to buy stocks, authorities said. Loc Vo, 55, pleaded guilty to one count of wire fraud on Tuesday, Jan. 10, and now faces a maximum of 20 years behind bars, the US Attorney for Massachusetts said. Vo owned Smart Gourmet and Indy Publish, a dormant business in Maryland during the pandemic. Federal investigators said that between April 2020 and July 2021, Vo submitted loan applications for these businesses under three Small Business Administr…