A Santa Clarita man was sentenced Monday to 41 months in federal prison for attempting to steal millions of dollars in Paycheck Protection Program (PPP) COVID-relief loans for his companies by submitting fraudulent applications that included fake tax documents and information for non-existent employees. Raymond Magana, 41, was sentenced to prison by United States District Judge Stanley Blumenfeld Jr., who ...

A Santa Clarita Valley man plead guilty Tuesday to federal charges that he fraudulently obtained more than $1 million in Paycheck Protection Program (PPP) loans for sham companies, officials said. Raymond Magana, 40, of Santa Clarita, pleaded guilty to one count of fraud in connection with major disaster or emergency benefits, funds he obtained by filing tax documents for fake ...