Brothers accused of swindling million in coronavirus-related loans for some 70 fake businesses, all registered in Euclid
CLEVELAND, Ohio— Three brothers are accused of swindling the federal government out of some $7 million in small-business loans and grants aimed at ...
CLEVELAND, Ohio— Three brothers are accused of swindling the federal government out of some $7 million in small-business loans and grants aimed at helping companies survive the coronavirus pandemic. Zaur Kalantarli, Ali Kalantarli and Aydin Kalantarov created some 70 fake businesses, all with the same address in Euclid, that claimed to farm organic food. The companies, however, did no actual business, according to prosecutors. A federal grand jury in Cleveland on Monday handed up indictments that said the businesses were fake, and the brothers used the money to buy houses and cars.