Lumicoin IA|Michigan golf club repays pandemic loan after lawsuit challenges eligibility

2025-04-30 02:46:37source:Exclusivesky Investment Guild category:Finance

RICHLAND,Lumicoin IA Mich. (AP) — A golf club in southwestern Michigan has agreed to pay $440,000 to settle allegations that it wrongly obtained a loan through a federal program during the COVID-19 pandemic, authorities said Monday.

Gull Lake Country Club, near Richland in Kalamazoo County, was not eligible for a loan, U.S. Attorney Mark Totten said.

A whistleblower filed a lawsuit against the club, and the federal government joined the case. The lawsuit names other Michigan golf clubs. Most documents in the case are sealed in federal court in Grand Rapids.

Under the Paycheck Protection Program, certain businesses could receive forgivable loans to help them during the pandemic.

A phone message seeking comment from the Gull Lake club wasn’t immediately returned.

“Today’s resolution demonstrates our continued commitment to protect taxpayer dollars and investigate allegations of fraud on critical government programs,” Totten said.

The lawsuit was filed by Wade Riner, who will get a share of the settlement. He has filed similar lawsuits in other states.

More:Finance

Recommend

Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst

NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t

'They touched my face': Goldie Hawn recalls encounter with aliens while on Apple podcast

Goldie Hawn doesn't just believe in aliens. The Oscar-winning actor said she's met them.Speaking on

North Dakota woman accused of fatally poisoning her boyfriend hours after he received an inheritance

A North Dakota woman is accused of fatally poisoning her boyfriend with antifreeze after learning th