A D.C. consultant, Jennifer May, pleaded guilty on Wednesday, August 27, 2025, to wire fraud for scamming the government out of $1.5 million from the Economic Injury Disaster Loan (EIDL) program. This isn't just a simple mistake; it's a criminal offense with major consequences. But what exactly did she do? The EIDL program was created during the COVID-19 pandemic to offer low-interest loans to small business owners to help them with operating expenses like payroll and rent. May, the founder and owner of a consulting firm called Next Level Partners LLC, applied for and received a $1.5 million loan. The problem? She didn't use the money for her business. Instead, she used the funds to buy cryptocurrency and pay for personal expenses and other ventures that had nothing to do with her business. 🤦♀️ What is Wire Fraud? This is where the law comes in. Wire fraud is a federal crime that involves using electronic communications—like emails, phone calls, or the interne...