Regional News

Real Estate Developer Indicted For COVID Relief Fraud

(Portland, OR) -- A federal grand jury in Portland has returned an indictment against a real estate developer from Vancouver for fraudulently obtaining COVID-relief program funds. 60-year-old Michael DeFrees allegedly used two business entities to obtain Economic Disaster Loans and Paycheck Protection Program funds. DeFrees is also accused of lying on his loan applications by saying he had never been convicted of any criminal offense. DeFrees was on probation for a 2017 conviction for falsifying records in a bankruptcy.

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