MEMPHIS WOMAN CHARGED IN PPP LOAN FRAUD SCHEME ALLEGEDLY BOUGHT MASERATI AUTOMOBILE

SUBMITTED FAKE DOCUMENTS AND FRAUDULENT APPLICATIONS FOR PPP LOANS AND DIRECTED OTHERS TO DO THE SAME

TOOK KICKBACKS FROM PERSONS SHE ASSISTED IN FILING FRAUDULENT PPP LOAN APPLICATIONS

FALSELY CERTIFIED SHE WOULD USE THE FUNDS FOR PERMISSIBLE EXPENSES

INSTEAD SPENT LOAN MONEY ON A MASERATI AUTOMOBILE, PERSONAL TRAVEL, CONCERTS AND GAMBLING

But authorities said Hooper spent the money on herself, including the purchase of the sports car.

She also allegedly took kickbacks for helping others to file fraudulent loan applications.

The fraudulent scheme drew sharp comments from the U.S. Attorney for the Western District of Tennessee, saying in part, “Bad actors, unfortunately,