IRS Seizes Assets from Springfield Restaurateur

The IRS has seized a yacht, several vehicles, and other assets from a Springfield restaurant owner accused of fraud.

John Felts is accused of fraudulently applying for paycheck protection program loans and economic injury disaster loans.

Felts owns several restaurants, including Taco Habitat, Hot Cluckers, and Bourbon and Beale.

Federal officials claim most of the companies Felts used to apply for loans had no employees and were not in operation at the time he applied.

Leave a Reply

Your email address will not be published. Required fields are marked *

KWTO Insider

Become a KWTO Insider! Sign up form

This field is for validation purposes and should be left unchanged.