A recent president of the Broward County Democratic Black Caucus has pleaded guilty to defrauding the COVID-19 relief Paycheck Protection Program, which was created to help struggling businesses nationwide, by falsely claiming that that her political consulting company employed 18 people and spent an average of $120,000 monthly on payroll when, in fact, it had no employees or payroll expenses, according to a U.S. Department of Justice statement.

Damara Holness, who is also the daughter of Dale Holness, who ran in the Nov. 2 election to serve as south Florida’s 20th district congressman, admitted in Fort Lauderdale federal court that she fraudulently obtained a $300,000 forgivable, federally-guaranteed PPP loan by making the false statements in an online loan application to a Georgia bank, and by using supporting fraudulent payroll tax forms.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]