LOS ANGELES — An Irvine man went on a luxury spending spree with fraudulently obtained PPP loans, buying himself luxury cars and designer swag, and landing himself in prison, federal prosecutors announced Friday.
Pierre Rogers, 44, was sentenced to 41 months in federal prison this week after pleading guilty to conspiracy to commit wire and bank fraud in connection with the scheme.
Rogers and his co-defendant, Joshua Leavitt, applied for nearly $5 million in loans from the Paycheck Protection Program as well as Economic Injury Disaster Loans for several businesses that they owned using falsified documents including tax returns.
