A suburban restaurant proprietor allegedly took a $176,000 authorities coronavirus stimulus loan a month after shedding workers and being evicted from her Elgin restaurant’s location.
Melissa Turasky, proprietor of Gifford’s Kitchen and Social, used a few of the stolen cash from the Paycheck Safety Program to make funds on her bank card, federal prosecutors stated in an indictment unsealed Friday.
Turasky, 43, was evicted March 2 from her restaurant’s location, 2300 Bushwood Dr., and had laid off all her staff by the tip of the month, the indictment states.
But, on April 10, Turasky utilized for the PPP loan from a bank and lied to make it appear her enterprise was open and working, prosecutors stated.
The 2-count indictment expenses her with bank fraud and making false statements to a monetary establishment.
PPP loans have strict guidelines limiting them for use to retain staff, keep payroll or make mortgage curiosity funds, Iease funds and utility funds. The U.S. legal professional’s workplace is in search of forfeiture of belongings illegally acquired with the loans.
Turasky, who couldn’t be reached for remark, is the second Chicago-area businessperson charged with fraud within the PPP loan program. In June, Evanston businessman Rahul Shah utilized for $441,000 in loans after falsely exaggerating his payroll, prosecutors allege.