FBI San Francisco Statement on East Bay PPP Case

FBI San Francisco Special Agent in Charge John F. Bennett issued a statement related to the PPP case against Sid Colar.

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The COVID-19 pandemic has caused economic suffering for so many families and small businesses. It is particularly offensive when criminals take advantage of this situation for their own greed. Based on the FBI’s investigation, Mr. Colar appears to have illegally used the Paycheck Protection Program to attempt to fraudulently line his own pockets. The FBI is quickly and carefully investigating all claims of PPP fraud to ensure that American businesses are not further victimized during this challenging time.

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