Federal prosecutors claim Theodore Johnson, former CEO of Ten Penny International Housing Foundation, submitted $273,165 in fraudulent PPP loan applications.
PORTLAND, Ore. — The founder of a Portland nonprofit is facing federal charges in connection with alleged fraudulent applications for COVID-19 relief funds, according to court documents.
Theodore Johnson of Beaverton was charged with bank fraud after receiving $273,165 in Paycheck Protection Program funds for the Ten Penny International Housing Foundation.
Johnson is the founder of Ten Penny and served as president, executive director, board chairman and CEO. The Portland nonprofit provides food, rental assistance, utility aid and services to BIPOC families and small
→ Continue reading at KGW TV