SPOKANE — A Spokane Valley couple was indicted last week on charges of fraudulently obtaining a COVID-19 relief loan.
Raymond and Jennifer Hilderbrand face eight counts of fraud for using money obtained for one business for a different business, along with making false claims to the Economic Injury Disaster Loan program, according to the indictment.
Raymond Hilderbrand, 53, applied for and received $363,000 on behalf of Hilderbrand Auto Service but instead used the money for the couple’s Powerline Enterprise LLC, which was not eligible for the funds, the indictment alleges.
Jennifer Hilderbrand, 52, is accused of making false representations on an application for similar funding on behalf of Powerline Enterprise LLC; however, that application was denied.