NYC Hotel Co. Owners Charged With Fraud Over Loan Scheme

By Isaac Monterose ( October 30, 2025, 7:02 PM EDT) -- Two owners of a Brooklyn hotel management company "fraudulently obtained" nearly $2 million worth of COVID-19 relief loans in a wire and bank fraud scheme that stretched from at least March 2020 to April 2022, the federal government alleged in New York federal court on Thursday....

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