Montgomery woman guilty of $610,000 Paycheck Protection Program fraud

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Montgomery woman guilty of $610,000 Paycheck Protection Program fraud
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A federal jury convicted Zsa Zsa Bouvier Couch, 55, of bank fraud, making false statements to a federally insured bank and money laundering, prosecutors said.

A Montgomery woman was convicted by a federal jury Wednesday of defrauding the Paycheck Protection Program of nearly $610,000, prosecutors said.

Couch submitted at least six fraudulent applications for loans under the PPP and sought $1.6 million in program funds. Instead of using the money for a business, she instead used the cash to pay herself, her husband and other family members and buy luxury vehicles. “The United States Attorney’s Office is committed to detecting, investigating, and prosecuting individuals who exploit public benefit programs,” said Stewart. “My office will continue to work with law enforcement partners to safeguard all tax dollars, especially programs dedicated to help businesses deal with economic hardships during times of crisis.”

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