A North Carolina man is facing federal fraud charges after allegedly receiving more than $1.7 million in Paycheck Protection Program loans for fake businesses with names based on the TV show “Game of Thrones.”
The U.S. Department of Justice has charged 38-year-old Tristan Bishop Pan, or Garner, North Carolina, with wire fraud, bank fraud and engaging in unlawful monetary transactions for taking money from a program intended to help out small businesses struggling due to the coronavirus pandemic.
Prosecutors say Pan used business names like White Walker, Khaleesi and The Night’s Watch to receive PPP loans using false tax filings and false statements regarding employees and payroll expenses.
The federal government approved more than $1.7 million in loans for Pan, who prosecutors say had sent 14 applications seeking a total of more than $6.1 million from the government.
Some of the money has since been seized,