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Restaurant Owner Steals $846K COVID Relief, Buys New Spot

Restaurant Owner Steals $846K COVID Relief, Buys New Spot

Cleveland News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 16, 20261m 23s

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Show Notes

Former Restaurant Owner Pleads Guilty to Stealing COVID Relief Funds: A summary of the podcast episode reveals that Marcelo Fadul Neves, a 60-year-old former restaurant owner, admitted to stealing over $800,000 from a COVID relief program. Neves, who owned Crop Bistro in Cleveland, used the funds to purchase another restaurant, Bistro on the Falls, instead of helping his struggling business. He also wrote bad checks totaling $140,000, including some to his employees. Neves faces sentencing on April 29th for misusing pandemic aid and bouncing checks, and has been ordered to pay back $969,315 in restitution.

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