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Stock impact report

Former Baltimore City Council candidate found guilty of COVID-19 relief fraud [CBS News]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
Company Research Source: CBS News
Nichelle Henson, 38, was found guilty of bank fraud and making false statements after a one-week trial. Evidence revealed Henson submitted fraudulent applications for Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP) loans for several businesses that weren't operational. Henson used the illegally obtained funds for cosmetic surgery, home renovations, rent payments, and business ventures including a used car dealership that never opened and a cryptocurrency she created called "Subina Coin," according to prosecutors. Prosecutors said Henson filed six fraudulent EIDL applications and 12 fraudulent PPP loan applications between 2020 and 2021. One application was submitted for her campaign organization months after Read more
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