A Mexican politician is out on bond as he faces federal fraud charges in Texas for allegations that he used COVID-era loans to buy cryptocurrency. The politician, his wife, and various other South Texas business owners are accused of obtaining fraudulent loans during the COVID-19 pandemic, which were intended to support failing businesses, but were instead used for personal gain.
Court records revealed that 46-year-old Bernando Gomez Jr. and his wife, 42-year-old Lesley Chavez, allegedly took out nearly $200,000 in Paycheck Protection Program loans during the COVID-19 pandemic and then used them for personal expenses, including buying…
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