Seattle doctor Eric Shibley committed million dollars fraud in Paycheck Protection Program loans. Learn about Dr. Eric Shibley Md in the following article.
Dr. Eric Shibley, a doctor from Seattle, recently was accused of fraud as he committed an unlawful act of seeking over 3.5 million dollars in the PPP and EIDL loan.
Misinterpretation of business and false employee count helped him command the money into his pockets.
The loan was originally designed by federal law to provide emergency financial assistance to millions of Americans who are suffering the economic effects of the COVID-19 pandemic.
In this article, we will deal with the same subject, his guilt of fraud, salary, net worth, wife, family, and more.
Dr. Eric Shibley Md From Seattle: Guilty of Fraudulently
Dr. Eric Shibley was convicted of fraudulently seeking over $3.5 million in the Paycheck Protection Program and Economic Injury Disaster Loan COVID-19 relief funds.
He submitted several fraudulent loan applications to financial institutions and approved lenders in the name of the businesses that do not run. He misinterpreted the business’s eligibility, showed a false count of employees and payroll expenses to grab the amount in his pocket.
Moreover, he projected false tax documents and identities of employees who did not exist in his company.
And all these fraudulent activities resulted in accumulating over $2.8 million in COVID-19 relief funds.
Salary & Net Worth
The salary and net worth of Dr. Eric Shibley are yet to discover. He certainly had made a lot of money by doing fraud but, all that money is gone now.
If he did good deeds and continued his career as it was, he would have both money and goodwill on his side. But, a single fraud case erased all of his significance in the eyes of the general public.
Since he is famous by now, his net worth and salary might come out in the upcoming days on the Internet.
Wife And Family
Just like his salary and net worth, details about his family and wife are also confidential.
No doubt his family and wife are equally embarrassed by the deed he did. Due to this, they might not come in front of the camera knowingly.
Hence, there is no information about them on the Internet.