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COVID-19: Restaurateur From Capital Region Admits To $163K Pandemic Relief Fraud COVID-19: Restaurateur From Capital Region Admits To $163K Pandemic Relief Fraud
Covid-19: Restaurateur From Capital Region Admits To $163K Pandemic Relief Fraud A former restaurant owner in the region raked in six figures by defrauding a relief program meant to help businesses impacted by COVID-19. Scott Solomon, age 37, of Albany, pleaded guilty to two counts of bank fraud in Albany federal court on Monday, Dec. 11. According to prosecutors, he admitted to applying for and obtaining Paycheck Protection Program (PPP) loans in 2020 for two Saratoga Springs restaurants that he formerly operated. PPP loans were issued by financial institutions in 2020 and 2021 and guaranteed by the US Small Business Administration. Funds were meant to help businesses…

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by Michael Mashburn