Prosecutors: Inwood man sentenced to 4 years for COVID-19 loan fraud scheme

Federal prosecutors say Niall Alli filed for business loans totaling $1.7 million.

News 12 Staff

Aug 14, 2025, 9:24 AM

Updated 4 hr ago

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An Inwood man convicted of a COVID-19 loan fraud scheme will spend four years behind bars.
Federal prosecutors say Niall Alli filed for business loans totaling $1.7 million.
Alli instead used the money to buy cryptocurrency, expensive watches and other luxury items, according to prosecutors.
Alli was ordered to pay all the money back.