A businessman from mid-Missouri’s Kingdom City is heading to federal prison for fraudulently receiving more than $670,000 in loans for several businesses under the CARES Act. That stands for the Coronavirus Aid, Relief and Economic Security Act.
40-year-old Scott Allen Maples has been sentenced to 18 months in federal prison without parole, and U.S. District Judge Brian Wimes has ordered Maples to pay $684,000 in restitution to the Small Business Administration (SBA). Maples pleaded guilty in 2023 to one count of bank fraud. Federal prosecutors in Jefferson City say Maples submitted five fraudulent loan applications.
The IRS criminal investigation unit assisted federal prosecutors with the investigation.