What investigators say happened to a $1.5 million pandemic loan

2 months ago 17
Lawrence Mayor Brian DePena leaves federal court in Boston after prosecutors accused him of misusing more than $1.5 million in pandemic-related business loans for campaign expenses, tax obligations and personal debts.  (AP Photo/Matt Rourke, File)

Federal authorities have charged the mayor of Lawrence, Massachusetts, with fraud and money laundering after alleging he improperly obtained more than $1.5 million in pandemic relief funding and redirected much of the money to personal and political expenses rather than business operations, Yahoo! said.

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