Local Woman Charged With Wire Fraud In PPP Scheme

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A Plymouth woman has been charged with two counts of wire fraud for submitting fraudulent Paycheck Protection Program loan applications.

Sixty-five-year-old Katherine Reynolds allegedly submitted PPP applications that falsely claimed that she and her 86-year-old father earned more than 100-thousand-dollars a year providing massage services out of their home.

It's also alleged that the applications included fake tax forms that were not filed with the IRS.

Each count of wire fraud carries a sentence of up to 20-years in prison and a fine of up to 250-thousand-dollars.

(Photo by Samuel Corum/Getty Images)

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