California Man Sentenced for Defrauding $12,000,000+ From the Small Business Administration’s Disaster Loans Program

A resident of California has been sentenced to almost four years in prison for his role in a Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) fraud scheme. According to the U. S. Department of Justice (DOJ), Abraham Park of La Mirada, California, submitted over 120 fraudulent SBA EIDL applications worth $12 million from 2020-2022 source: https://dailyhodl.com/2025/08/08/california-man-sentenced-for-defrauding-12000000-from-the-small-business-administrations-disaster-loans-program/