A former Olympic ice skater was charged with bank fraud and identity theft for attempting to acquire loans for more than $1.5 million that were meant to assist struggling small businesses during the pandemic, federal authorities announced Tuesday.
He attempted to illegally secure the loans while businesses across the country fought to survive during the coronavirus crisis, Strauss said. Klasinc finished 26th in men's singles ice skating at the 1992 Winter Olympics in Albertville, France. The company received $1,595,800 between July 2020 and September 2020 through 11 loans from the federal economic injury program, officials said.
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