Roy Lee Holt, 58, of Harper Woods, was sentenced on last Friday by Judge Kiefer Cox in the 3rd Circuit Court in Wayne County to 2 to 15 years’ incarceration for fraudulently obtaining more than $60,000 in COVID-19 relief funds and Paycheck Protection Program (PPP) loans, according to Michigan Attorney General Dana Nessel.
Holt was ordered to pay $63,865 in restitution. Holt was convicted by a Wayne County jury in April of:
• Two counts of False Pretenses $20,000-$50,000.
• One count of False Pretense $1,000-$20,000.
• Two counts of Using a Computer to Commit a Crime.
• One Count of Making/Permitting a False Tax Return.
To obtain two PPP loans in 2021, Holt submitted a fraudulent bank statement and made other false representations regarding his business operations.
He also submitted additional fraudulent misrepresentations to have those loans forgiven. Each PPP loan Holt received was for $20,832 totaling over $41,000.
Holt also received $19,880 in COVID Emergency Rental Assistance (CERA) funds after submitting falsified and altered documentation to the Michigan State Housing Development Authority (MSHDA). The CERA program, administered by MSHDA, was designed to support Michigan residents struggling with rent and utilities due to pandemic-related financial hardships.
At the time this fraud was committed, Holt was a Veterans Affairs employee. The Attorney General's enforcement operation was conducted in close collaboration with the U.S. Department of Veterans Affairs, Office of Inspector General (VA OIG) and MSHDA.
Holt was ordered to pay $63,865 in restitution. Holt was convicted by a Wayne County jury in April of:
• Two counts of False Pretenses $20,000-$50,000.
• One count of False Pretense $1,000-$20,000.
• Two counts of Using a Computer to Commit a Crime.
• One Count of Making/Permitting a False Tax Return.
To obtain two PPP loans in 2021, Holt submitted a fraudulent bank statement and made other false representations regarding his business operations.
He also submitted additional fraudulent misrepresentations to have those loans forgiven. Each PPP loan Holt received was for $20,832 totaling over $41,000.
Holt also received $19,880 in COVID Emergency Rental Assistance (CERA) funds after submitting falsified and altered documentation to the Michigan State Housing Development Authority (MSHDA). The CERA program, administered by MSHDA, was designed to support Michigan residents struggling with rent and utilities due to pandemic-related financial hardships.
At the time this fraud was committed, Holt was a Veterans Affairs employee. The Attorney General's enforcement operation was conducted in close collaboration with the U.S. Department of Veterans Affairs, Office of Inspector General (VA OIG) and MSHDA.
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