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According to court documents filed today in U.S. District Court in Texarkana, Pape and Jun...

Texas pair allegedly behind ‘My Buddy’ loans charged with pocketing $775K in COVID funds fraudulently – KSLA

According to court documents filed today in U.S. District Court in Texarkana, Pape and Jung operated under the name My Buddy Loans. In exchange for $1082.50, My Buddy Loans took personal identifying information from third parties and promised to file a federal application for a $10,000 agricultural grant. Instead, Pape and Jung actually filed EIDL applications with the SBA that contained false information. For example, in June and July 2020, Pape and Jung filed 222 EIDL applications, all of which …

 

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