AP

September 22, 2020 | 5:18 PM

PROVIDENCE, R.I. (AP) — A convicted bank robber from Rhode Island fraudulently obtained $600,000 in forgivable federal business loans and spent $30,000 in Las Vegas before being caught, federal prosecutors said Tuesday.

Michael Moller, 41, of Middletown, was held without bail pending trial at an appearance Tuesday in federal court.

Moller in April filed for $4.7 million in loans through the Paycheck Protection Program to pay employees at businesses he said were based in Fall River, Massachusetts, prosecutors said. There was no evidence those businesses existed, authorities said.

In addition to filing for loans in his own name, he applied for loans using his father’s name, his girlfriend’s brother’s name, and his girlfriend’s son’s name, authorities said.

The federal program’s funds are intended for businesses struggling because of the coronavirus pandemic.

He actually received $600,000 through the program, and spent $30,000 of it

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“At the same time, financial experts involved in those bankruptcies say that lenders to your companies lost billions of dollars,” Wallace replied. “With that record, why should we trust you to run the nation’s business?”

“I have used the laws of this country just like the greatest people that you read about every day in business have used the laws of this country, the chapter laws, to do a great job for my company, for myself, for my employees, for my family, et cetera,” he said.

Trump was right. He and his family have made out well, but at the expense of others. Each time a company declares bankruptcy, it sheds debt—in other words, someone who it owes money loses some or all of their stake.

Start with the first bankruptcy, in 1991. When Trump built the Trump Taj Mahal in

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Louis van Gaal says he was very close to taking over at Tottenham in 2014 as the Dutch manager revealed that he only ended up at Manchester United because Daniel Levy “blew the chance” by waiting too long to offer him a contract.

At the time, Van Gaal was nearing the end of his time managing his native Netherlands, while Tottenham were on the hunt for a new coach following Tim Sherwood’s tenure.

The Dutch boss was heavily linked with the job, with Van Gaal admitting that he met with Levy to discuss the job and was open to the idea of joining Spurs.

However, as talks delayed, United came in with an offer to take over as David Moyes’ successor.

In the end, Spurs’ delay allowed Man Utd to swoop for Van Gaal, although Tottenham ended up doing just fine as they hired Mauricio Pochettino that year.

“Daniel Levy

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