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Florida Tax Preparer Built a $4 Million PPP Scheme
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Subscribe11 MAY 2026 / ACCOUNTING & TAXES
Florida tax preparer Roody Metelus, owner of JRS Tax Services LLC, pleaded guilty to submitting over $4.1 million in fraudulent Paycheck Protection Program (PPP) loan applications during the pandemic. Metelus admitted to filing 200 fake loan applications, using false tax documents and fake business income data. He now faces up to five years in federal prison, along with $2.3 million in restitution.
When the pandemic hit, the U.S. government opened the money faucet fast. For legitimate small businesses, the Paycheck Protection Program (PPP) became a lifeline. For fraudsters, it became something else entirely, a nationwide treasure hunt with weak cont...
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