Fox 45: Woman Listed as Baltimore City Employee Indicted in Alleged $2.5M PPP Fraud Case

EXCERPT:

CUSICANQUI (voice-over): “49-year-old Kara DiPietro pictured here on this Baltimore City's department page is now facing six counts of bank fraud. The U.S. Attorney's Office says DiPietro served as president and CEO of multiple Maryland companies. Prosecutors say DiPietro was behind more than 20 paycheck protection program loan applications submitted between 2020 and 2021 with the applications seeking more than $7.5 million. Eight were funded with bank accounts under her control receiving more than $2.5 million.”