Find Your Daily Voice
Egg Harbor Township
Your Local News for Egg Harbor Township, New Jersey
Saturday, nov 30
33°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Events
Tags
Jobs
Shop
Support Us
Egg Harbor Township
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Events
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
33°
Saturday, nov 30
Tag:
Covid-19 Payroll Protection Loans
News
Ex-Hedge Fund Manager From NY, FL Admits $6.8M
Covid-
19 Scam In NJ Federal Court
A dual New York/Florida resident admitted in federal court in Newark that he schemed to steal more than $6.8 million in COVID-19 payroll protection loans -- $3 million of which the government said he flushed away in the stock market. Gregory J. Blotnick applied to 13 lenders for 21 loans over a period of nearly a year, beginning in March 21, 2020, lying about the number of employees at nine companies whom he supposedly needed to pay, federal authorities said. Blotnick, 34, dumped the money into a personal brokerage account instead, then poured nearly 45% of it into losing stock trades, Acti…