Davenport, IA- A Davenport Chiropractor is facing multiple charges for allegedly obtaining federal pandemic relief illegally.
Radio Iowa reports that information from the U-S Attorney’s office says 51-year-old Jason Rannfeldt is facing 14 charges including bank fraud and money laundering.
Court documents show he operated the Rannfeldt Clinic and claimed to own and operate four other businesses for which he submitted 11 false claims for Paycheck Protection Program loan applications.
Prosecutors say he received or attempted to receive one-point-one million dollars in PPP loans using false documents. The information says he also falsely obtain a mortgage loan of more than $588,000. A trial date has not yet been set.
