The owner of a Utah trucking company is facing multiple charges after federal prosecutors allege he submitted a fraudulent loan application to obtain funds through the U.S. Small Business Administration’s Paycheck Protection Program (PPP).
Hubert Ivan Ugarte, 52, of Draper, Utah, owner of Frisbu Trucking Inc., is currently in federal custody. Prosecutors also allege Lisa Bradshaw Rowberry, 49, of Provo, Utah, controller of Frisbu, helped him apply for a PPP loan through the CARES Act, which was...
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