Kentucky RV Dealer Files $1.3M in Fake Payroll Loans, Pleads Guilty
December 20, 2021
A Lexington, Ky., RV dealer pleaded guilty to a federal conspiracy charge, admitting he filed $1.3 million in fake payroll protection loans for employees who did not exist.
Randall Blankenship Jr., who owns Bluegrass RV, could face up to 20 years in prison for the scheme to defraud the federal Small Business Administration (SBA) of $1,323,829 in loans. Blankenship, 49, of Woodford County, pleaded guilty to one count of conspiracy to commit wire fraud in U.S. District Court in Lexington. RV-Pro