Michigan CPA Pleads Guilty for 226 SBA PPP Loan Fraud Applications

March 14, 2025

Bob Coleman
Founder & Publisher

Fraud Friday — Michigan CPA Pleads Guilty for 226 SBA PPP Loan Fraud Applications

Matthew Parker, a licensed CPA from Detroit, Michigan, conspired to defraud lenders of over $14 million in PPP COVID-19 relief loans and plead guilty to one count of loan fraud.

Matthew recruited hundreds of small businesses in Pittsburgh and Detroit and falsified their PPP loan applications.

Bob Scott of the The Progressive Accountant reports, “He was arrested with Virginia Humphries, 35, of Pittsburgh. Parker was accused of teaching her how to prepare the applications. Pittsburgh-area media accounts say Humphries describes herself as an entrepreneur and real estate agent. A grand jury indictment alleged Humphries received $82,000 in referral fees, plus loans and gifts from Parker.

“They recruited hundreds of small businesses in Pittsburgh and Detroit and falsified PPP loan applications in their names, using tricks to convince lenders to issue loans for which they would not have qualified.

“The conspirators prepared 318 applications and, the Small Business Administration approved 226 of those.”

This is the largest known PPP fraud case in the Western District of Pennsylvania.

Sentencing is scheduled for July 10, 2025.

Source: DOJ