Washington Man Pleads Guilty To Fraud

November 2, 2024 4:02 am

A Washington man pleaded guilty to fraud in federal court. Walter Holt III, 35 pleaded guilty to two fraud counts. According to the investigation, Holt prepared and submitted falsified Payment Protection Program (PPP) Covid-19 relief loan applications for borrowers in Charleroi for which he took a fee. Holt is scheduled to be sentenced on January 31, 2025. He could receive a sentence of 40 years in prison, a fine of $1 million, or both.