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Winfield woman sentenced for defrauding federal PPP

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A Winfield woman has been sentenced for defrauding the federal Paycheck Protection Program.

29-year-old Jade Price pleaded guilty to wire fraud after falsely claiming income for a business to get four PPP loans during the COVID-19 pandemic.

Price was sentenced by Judge Damon Leichty to 12 months of probation and ordered to repay more than 80-thousand dollars to the Small Business Administration.

Prosecutors say she used the relief funds for personal expenses rather than business needs. 

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