A Wayne County man accused of fraudulently obtaining more than $60,000 in pandemic relief funds and Paycheck Protection Program (PPP) loans has been bound over, officials said.
Roy Lee Holt, 57, of Harper Woods, waived his preliminary examination on Nov. 12 and was bound over to the 3rd Circuit Court in Wayne County on the following charges:
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- Two counts of false pretenses $20,000-$50,000 (Each a 15-year felony)
- One count of false pretenses $1,000-$20,000 (5-year felony)
- Two counts of using a computer to commit a crime (Each a 10-year felony
- One count of Making/Permitting a False Tax Return (5-year felony).
To obtain two PPP loans in 2021, Holt allegedly submitted a fraudulent bank statement and made false representations about his business operations, according to a release from Michigan Attorney General Dana Nessel’s Office.
He is also accused of submitting false information to have those loans forgiven.
Each PPP loan was for $20,832, totaling more than $41,000.
In addition, Holt allegedly received $19,880 in COVID Emergency Rental Assistance funds after submitting altered documents to the Michigan State Housing Development Authority. The CERA program was created to assist Michigan residents struggling to pay rent and utilities because of the pandemic.
Holt was a U.S. Veterans Affairs employee when these alleged crimes were committed.
“I would like to thank the U.S. Department of Veterans Affairs, Office of Inspector General and MSHDA for their assistance in this investigation,” Nessel said. “My office looks forward to continuing to pursue this matter in court to ensure those who defraud loan programs intended to help those in need are held accountable.”
Holt is scheduled to be arraigned in circuit court on Nov. 26, 2025.