Celebrated Columbia business owner indicted over alleged PPP loan scheme
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A celebrated small-business owner in Howard County was federally indicted Thursday after allegedly falsifying employment records to receive more than $2.5 million in pandemic relief funding.
Court records show Kara DiPietro, president and CEO of the now-bankrupt construction design firm H.M.C. Inc., faces six federal bank fraud counts in the U.S. District Court of Maryland. Each count could result in a $1 million fine and up to 30 years’ incarceration.
As of Wednesday afternoon, DiPietro d
Court records show Kara DiPietro, president and CEO of the now-bankrupt construction design firm H.M.C. Inc., faces six federal bank fraud counts in the U.S. District Court of Maryland. Each count could result in a $1 million fine and up to 30 years’ incarceration.
As of Wednesday afternoon, DiPietro d
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