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Former KC hotel owner pleads guilty to PPP fraud

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A former Kansas City hotel owner has pleaded guilty to Paycheck Protection Program fraud.

Mirza Michael Reazuddin, who previously was a partner in Grandview Hotel LLC, pleaded guilty to one count each of wire fraud and money laundering.

Reazuddin admitted that he fraudulently applied for and obtained PPP loans for Grandview Hotel LLC, even though that entity shuttered in 2018.

Read more from the Kansas City Business Journal.

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