by Cedric ‘BIG CED’ Thornton
Former Illinois State University basketball player Lorenzo Gordon was given $272,774 after fraudulently applying for PPP (Paycheck Protection Program) and EIDL (Paycheck Protection Program) loans
A former professional international basketball player admitted to committing fraud after applying for the Paycheck Protection Program (PPP) during the coronavirus pandemic.
The Department of Justice, U.S. Attorney’s Office, Eastern District of Missouri, announced that Lorenzo Gordon, a St. Louis resident, has pled guilty to one felony count of theft of government money. On Sept. 25, he admitted to committing $272,774 in fraudulent activities regarding two pandemic aid programs.
Gordon gave false information when he applied for two loans from the Paycheck Protection Program (PPP) and three from the Economic Injury Disaster Loan (EIDL) Program during the COVID-19 pandemic. He admitted to the crime as part of his plea agreement with the federal government.
According to KMZU, Gordon attended Illinois State University, where he played his collegiate career before embarking on a professional journey in France, Germany, Turkey, and Israel.
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Source: Black Enterprise
