Federal prosecutors have charged the husband of former far-left Congresswoman Cori Bush (D-MO) with two counts of wire fraud related to filing fraudulent Paycheck Protection Program (PPP) and other loan applications with the Small Business Administration (SBA) in 2020 and 2021. Cortney Merritts, 46, of St. Louis, Missouri, used fraudulent applications to attain over $20,000 in forgiven loans from the federal government, according to United States Attorney Edward Martin Jr.
The Department of Justice states that in 2020, Merritts received an $8,500 COVID-19 Economic Injury Disaster Loan (EIDL) from the SBA for his business, Vetted Couriers—a moving company. On the loan application, Merritts claimed his company had six total employees and “$32,000 in gross revenue between January 30, 2019 and January 30, 2020.”
Subsequently, in July 2020, Merritts filed for a second EIDL loan under a sole proprietorship called “Courtney Merritts.” In this application, he “fraudulently claimed to have a business that employed ten people and generated $53,000 in gross revenue between January 30, 2019, and January 30, 2020.” Additionally, Merritts requested an EIDL advance of $10,000 based on the false loan application.
In April 2021, Merritts applied for a PPP loan under a second sole proprietorship named “Cortney Merritts.” The indictment alleges that Merritts falsely claimed he created the sole proprietorship in 2020 and that it saw “$128,000 in gross income that year.” Based on the income number, Merritts received a $20,832 PPP loan, which he used “for his personal benefit and enjoyment.”
Finally, in July 2022, Merritts submitted a loan forgiveness application claiming his sole proprietorship employed 10 individuals and that the $20,832 loan was used for payroll costs. Merritts’s loan was forgiven. Federal prosecutors allege the information provided on the forgiveness application was fabricated as well.
Former Rep. Bush’s husband could face significant fines, restitution, and a potential prison sentence if convicted. While wire fraud can carry a maximum sentence of upwards of 30 years in prison—when committed against a financial institution or during a major disaster—those instances usually involve fraud amounting to over $100 million.