News 12 Staff

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Aug 14, 2025, 5:24 AM

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Updated

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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.