A Maryland man is being accused of using a Paycheck Protection Program loan to trade stocks. Police arrested 47-year-old Jeffrey Bearden of Hagerstown yesterday on a federal complaint. Beardon had been approved for a 730-thousand loan to cover payroll for B&D Consulting in May of last year, however, the company had no employees and never reported paying any wages. According to officials, most of the money was later transferred to a brokerage account Bearden also used to buy stocks. Bearden has been charged with false statements as well as bank fraud, and faces up to 30 years in prison.