KJ Biermann isn’t a Hollywood star or a tech billionaire. He’s a former college basketball player from Montana who allegedly decided that playing by the rules was for amateurs. The charges against him involve defrauding the Paycheck Protection Program (PPP) of about $1.3 million.
Yes, the same PPP that was supposed to save mom-and-pop shops and keep bakery workers employed. Instead, Biermann allegedly used the cash to buy a Mercedes-Benz, a Rolex, and—hold your coffee—a $1,800 bottle of champagne. That’s not a business expense; that’s a “cheers, I’m a menace” flex.
Wait, What Exactly Did He Do?
The feds say Biermann submitted phony loan applications for multiple businesses that, in reality, were about as real as a unicorn. He claimed he had employees, payroll, and operational costs. He had none of that.
Prosecutors allege he used fake tax documents and forged signatures to trick banks into forking over pandemic relief funds. The surprising fact? He reportedly did this while on pretrial release for a previous fraud case. That’s like trying to steal a second cake while you’re still in the bakery with icing on your face.
Kim Zolciak and Kroy Biermann file to dismiss divorce case days after
