Plano Dentist Pleaded Guilty To COVID-19-Related Fraud

A Plano dentist pleaded guilty to COVID-19 related fraud, a federal violation in the Eastern District of Texas. U.S. Attorney Brit Featherston made the announcement on November 18, and the Federal Bureau of Investigation is currently investigating the case.

Forty-two-year-old Plano resident Brian Bui pleaded guilty to wire fraud before U.S. Magistrate Judge Christine L. Stetson on Nov. 17, 2022. According to the U.S. Attorney’s Office Eastern District of Texas, Bui used his business to obtain at least two Paycheck Protection Program (PPP) loans by submitting false application paperwork, including fabricating supporting documentation. He also lied about the number of employees working for him and monthly payroll expenses.

Bui obtained about $1.89 million total in forgivable loans given by the Small Business Administration (SBA) under the $2.2 trillion economic relief bill, the Coronavirus Aid, Relief and Economic Security Act (CARES). He then used the funds in an unauthorized and illegal manner, including non-business-related personal investments.

Source: Plano Dentist Pleaded Guilty To COVID-19-Related Fraud / Local Profile

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