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National Insurance Crime Bureau

Texas woman charged with fraudulently obtaining nearly $2M in Covid relief funds

U.S. Attorney’s Office – Southern District of Texas, Sept. 15, 2020

HOUSTON – A Texas woman has been taken into custody on allegations she fraudulently obtained more than $1.9 million in Paycheck Protection Program (PPP) loans, announced U.S. Attorney Ryan K. Patrick and Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division.

Lola Shalewa Barbara Kasali, 22, Houston, is charged with making false statements to a financial institution, wire fraud, bank fraud and engaging in unlawful monetary transactions. She is expected to make her initial appearance before U.S. Magistrate Judge Christina Bryan at 2 p.m. tomorrow.

The Small Business Administration (SBA) guarantees PPP loans under the Coronavirus Aid, Relief and Economic Security (CARES) Act.

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