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Tuesday, June 23, 2026

Maine man charged with PPP loan fraud sues US government and Lowe's - WGME

(BDN) -- The Maine man accused of fraudulently obtaining a Paycheck Protection Program loan has three lawsuits pending in U.S. District Court in Bangor, the same place where he pleaded not guilty to charges in May.

Acting as his own lawyer, Nathan Reardon has sued the U.S government for an alleged violation of his Second Amendment rights, the parent company of News Center Maine for defamation and slander and Lowe’s Home Improvement for an injury he claims he suffered two years ago while checking out.

Reardon, 43, of Skowhegan and Plymouth is charged with five federal counts of bank fraud, three counts of attempted wire fraud, two counts of making false statements to a bank and one count of perjury.

He obtained a $60,000 PPP loan, intended to help businesses pay employees and other expenses during the early days of the pandemic, in 2020, according to court documents. He allegedly then used the money to buy a men’s 14-carat yellow gold wedding band, clothing, shaving products, toys, an LED barber pole light and a pair of caiman skin cowboy boots. Caimans are a species related to alligators found in Central and South America.

After the charges became public, Reardon closed his Taco Shack restaurant in Newburgh and abandoned plans to open a location in Bangor.

Reardon remains free on $5,000 bail. Initially, conditions didn’t include a provision that he not possess guns. That changed Sept. 30 when U.S. District Judge Lance Walker learned Reardon was involved in a road rage...



Read Full Story: https://wgme.com/news/local/maine-man-charged-with-ppp-loan-fraud-sues-us-gov...