The FBI arrested a man for allegedly defrauding the Paycheck Protection Program.

By: KDKA-TV News Staff

PITTSBURGH (KDKA) – The FBI has arrested a Pittsburgh man for allegedly committing bank fraud and money laundering.

According to investigators, Randy Frasinelli was defrauding the Payroll Protection Program.

Frasinelli allegedly submitted fake PPP loan applications and then would funnel to that money into other accounts.