United States Attorney for the Central District of California Nicola T. Hanna, along with Acting Assistant Attorney General Brian C. Rabbitt of the Criminal Division of the Department of Justice, announced the charges made against a California man on October 16, 2020, for engaging in a fraudulent scheme that was designed to swindle the United States government’s Paycheck Protection Program (PPP) out of around $9 million in bank loans.

Andrew Marnell, 40, has been served with a criminal complaint and has been charged with one count of bank fraud, in violation of 18 USC § 1344, after illegally obtaining approximately a $9 million loan through a fraudulent scheme that targeted the US government’s Paycheck Protection Program.