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Feds Nab Fleeing NJ Man Accused Of Pocketing $5.6M Small Biz Pandemic Loan Feds Nab Fleeing NJ Man Accused Of Pocketing $5.6M Small Biz Pandemic Loan
Feds Nab Fleeing NJ Man Accused Of Pocketing $5.6M Small Biz Pandemic Loan A Sussex County man who collected $5.6 million in federal COVID-19 pandemic loans that he wasn't entitled to was about to board a flight to Pakistan when federal agents arrested him, authorities said. Azhar Sarwar Rana, 30, of Newton, took the money -- designed to keep struggling small businesses afloat during the pandemic – and invested millions in the stock market, made a payment to a luxury car dealership and sent hundreds of thousands of dollars to accounts in Pakistan, U.S. Attorney Craig Carpenito said. Rana submitted an application for a stimulus loan under the federal Paycheck Prote…

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by Jerry DeMarco