Roofing Exec Convicted Over COVID-19 Loan Fraud

The head of a Florida roofing company has been convicted for misusing coronavirus relief funds to buy a 40-foot catamaran. So reports Business Observer.

A federal jury found Casey David Crowther, president of Fort Myers-based Target Roofing & Sheet Metal, guilty of bank fraud, making a false statement to a lending institution and money laundering.

Crowther pleaded guilty to mortgage fraud charges before trial.

Read the full article from Business Observer.

Source: themortgageleader.com