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Maine businessowner sentenced for defrauding pandemic assistance program

3 years ago in Local

/Photo: Hancock County Jail


A Maine man charged with defrauding the Paycheck Protection Program was sentenced Wednesday to 20 months behind bars.

According to the Bangor Daily News, 44-year-old Nathan Reardon of Skowhegan and Plymouth pleaded guilty to the charges in June. He was accused of obtaining a PPP loan totaling $60,000 in 2020 by falsifying information about his business.

Reardon was also sentenced to three years of supervised release, and ordered to pay more than $60,000 in restitution, some of which has already been repaid.

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IOC and Saudi Arabia cancel their 12-year deal to host video gaming Esports Olympics in Riyadh

FILE -Olympic Rings are pictured in front of The Olympic House, headquarters of the International Olympic Committee (IOC) at the opening of the executive board meeting of the International Olympic Committee (IOC) in Lausanne, Switzerland, March 28, 2023. (Laurent Gillieron/Keystone via AP, File)

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