Naples ex-con charged with $2.5 million COVID fraud

NAPLES — A 34-year old convicted felon living in Naples has been arrested for allegedly defrauding the federal government and banks to get more than $2.5 million in COVID-19 relief funds.

Daniel Joseph Tisone is charged with wire fraud, bank fraud and illegal monetary transactions. If convicted, prosecutors say he faces 30 years in federal prison for each fraud count and up to 10 years for the illegal monetary transactions.

Prosecutors allege Tisone submitted false loan applications to the U.S. SBA and approved lenders for Economic Injury Disaster Loan, Main Street Lending Program and Paycheck Protection Program loans.