Florida Jet Owner Settles Inappropriate PPP Loan Claims

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The owner of the Florida charter company will pay $ 287,055 to settle the Payment Protection Program misappropriation charges for his personal expenses, the Justice Department said.

Seth A. Bernstein, owner of All in Jets LLC, which does business as JetReady, allegedly applied for and received a loan of nearly $ 1.2 million in April 2020 and spent nearly $ 100,000 on personal, non-company related payments. expenses. The Justice Department said Thursday announcement.

Congress approved PPPs in March 2020 to provide emergency financial support to those suffering from the economic impact of Covid-19 …

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