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A Fort Myers, Florida, contractor has been arrested and charged with attempting to defraud the Paycheck Protection Program (PPP) meant to help keep workers employed during the coronavirus. Casey David Crowther, 35, has been charged with making a false statement to a lending institution. If convicted, he faces a maximum penalty of 30 years in federal prison. — Construction Dive
Crowther received $2 million in funds from the PPP loan for his company, Target Roofing & Sheet Metal, and allegedly included misleading statements as to how the money would be used, stating that it would only be used for business purposes, Construction Dive reports. Shortly... View full entry
The Ayn Rand Institute, a nonprofit(??) “devoted to applying Rand’s ideas to current issues and seeking to promote her philosophical principles of reason, rational self-interest and laissez-faire capitalism,” has recently accepted—I assume grudgingly—government assistance to the tune of a Paycheck Protection Program (PPP) loan between $350K and $1 million, according to The Wall Street Journal‘s Pat Fitzgerald. — Lit Hub
This news comes from a Twitter post from The Wall Street Journal's Pat Fitzgerald (@PatFitzgerald23). In the world of architecture, Ayn Rand is perhaps best known for writing The Fountainhead, a novel that follows Howard Roark, a talented architect who refuses to fit into the status quo... View full entry
