August 13, 2022
False loan applications catch up with Corona man
LOS ANGELES – (INT) – Federal prosecutors say a Corona man absconded with more than $6.6 million in a false loan application scheme.

Muhammad Noor Ul Ain Atta, 39, obtained the money through the Paycheck Protection (PPP) and Economic Injury Disaster Loan programs.

According to his guilty plea agreement, Atta submitted 11 fraudulent PPP loan applications for seven of his shell companies. He falsely certified he would use the loan proceeds for permissible business purposes.
Story Date: August 7, 2022
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