Shelby County – A Shelby County man – 61-year-old Stanley Mark Hill, of Helena – has been charged in a multi-million dollar COVID-19 relief funds fraud scheme by the U.S. Attorney’s Office. Hill has been charged in a 13-count indictment with wire fraud and aggravated identity theft.
According to the U.S. Attorney’s Office, Hill is accused of defrauding the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), Economic Injury Disaster Loan Program (EIDL) and Restaurant Revitalization Fund (RRF) by illegally obtaining funds intended to provide relief to eligible operating businesses during the COVID-19 pandemic.
The indictement alleges that from at least May 2020 to May 2021, Hill applied for seven fraudulent PPP, EIDL and RRF loans from the SBA. Six of those were funded.
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