Pizza CEO federally sentenced in bank fraud case

By: Alex Szwarc | Macomb Township Chronicle | Published September 22, 2021

 On Sept. 14, Michael Bischoff was sentenced in federal court to 32 months in prison. Last year, Bischoff pled guilty to one count of bank fraud related to the Paycheck Protection Program. He has been the CEO of Passport Pizza since 1995.

On Sept. 14, Michael Bischoff was sentenced in federal court to 32 months in prison. Last year, Bischoff pled guilty to one count of bank fraud related to the Paycheck Protection Program. He has been the CEO of Passport Pizza since 1995.

File photo by Alex Szwarc

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MACOMB TOWNSHIP — A local pizza executive will spend time in prison.

Michael Bischoff was sentenced Sept. 14 to 32 months in federal prison by U.S. District Judge Paul Borman. Additionally, he was ordered to pay $593,590 in restitution, along with a $5,000 fine. Bischoff was facing one felony count of bank fraud.  

Bischoff’s LinkedIn page indicates that he has been the CEO of Passport Pizza since 1995. Passport Pizza has a dozen locations in Macomb County. At the time he was charged, Bischoff resided in Macomb Township.

In November, Bischoff pled guilty to that charge, related to the Paycheck Protection Program, or PPP.

U.S. Attorney’s Office for the Eastern District of Michigan stated that Bischoff, in his 60s, was charged for his alleged role in a scheme to fraudulently obtain over $931,000 from the program. Of that amount, Bischoff reportedly received more than $593,000.

The program, overseen by the Small Business Administration, or SBA, was designed to provide forgivable loans to small businesses affected by the coronavirus pandemic.

He previously admitted in court that he executed fraudulent documents to get the PPP loan and left out material facts. Bischoff admitted to overstating the number of employees and received money improperly from the SBA.

The government alleged that at least nine of Bischoff’s PPP applications contained false and fraudulent representations to the participating lenders.

Upon release from prison, Bischoff will be on supervised release for three years.

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