Business

Hawaii businessman charged with defrauding $12.8M in Paycheck Protection Program funds

By Tyler Van Dyke
Published October 1, 2020 7:24pm ET
Add Washington Examiner on Google
Hawaii businessman charged with defrauding $12.8M in Paycheck Protection Program funds
The Finance Committee will hold a hearing on a bipartisan tax bill that would expand the child tax credit and includes business provisions. (simpson33/Getty Images/iStockphoto)

Prosecutors charged a Hawaii defense contractor with attempting to defraud $12.8 million from the federal Paycheck Protection Program.

Martin Defence Group CEO Martin Kao, 47, was arrested Wednesday and charged with bank fraud and money laundering in connection with the alleged scheme.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

COVID-19 Hawaii Law PPP Waste and Fraud