Memo sign PPP Loan Paycheck Protection Program on the black piece of paper

Get Paid for Reporting PPP Loan Fraud

Legal Assistant Administrative Law, Business Law, Criminal Law, Tax Law

In July 2021, 22 people were arraigned in court on charges of engaging in fraudulent schemes to acquire more than $11 million in loans from the Paycheck Protection Program (PPP). The individuals used the loan proceeds to purchase jewelry, luxury vehicles, and other personal items. According to court documents, the defendants submitted or aided in submitting loan applications on behalf …