Lehigh Acres woman sentenced to 15 months in prison for PPP fraud

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FORT MYERS, Fla. – A Lehigh Acres woman has been sentenced to 15 months in federal prison after she pled guilty to making false statements to a financial institution.

Edrica Watson, 40, will also have to pay $434,227.50 in restitution to the two financial institutions she defrauded.

According to documents presented at her sentencing hearing, Watson was the owner and operator of Unity Home Care Services. The company was formed in September 2020 but was not an operating business when she submitted loan applications under the Payroll Protection Program (PPP).

Watson would initially obtain two loans for $20,832 before submitting another additional loan application for $392,563 on behalf of UHC in PPP loans.

It was later determined that UHC’s number of employees, wages, and income were misrepresented on the loan applications to receive the requested amount.

In order to receive the third loan, Watson would submit fraudulent tax documents and income statements to the final institution.

As part of her sentence, the court entered an order of forfeiture in the amount of $392,563.

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Watson had pleaded guilty on March 22nd.

Tags: federal chargesLehigh AcresPPP Fraudsentenced

 

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