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David Breen, 54, Pleads Guilty to $1.2M COVID Relief Fraud

David Breen, 54, of Mount Pleasant, S.C., pleaded guilty to one count of theft of government property in federal court in Worcester, Massachusetts, for misappropriating $1.2 million in Economic Injury and Disaster Loan (EIDL) funds. The SBA provided these loans to small businesses harmed by the COVID-19 pandemic, but Breen used the money to build a home and purchase motor vehicles. U.S. District Court Judge Margaret R. Guzman scheduled sentencing for June 25, 2026.