Decisions of The Recent PPP Sentencing PPP Sentencing: The majority of Payroll Protection Program (PPP) and EIDL loan fraud sentences handed down by federal judges to date have included prison
In order to help small businesses that had been negatively damaged by the coronavirus pandemic, the PPP lending program was created. PPP loan recipients had to use the money for
Lenders can mitigate loan fraud application risks in a variety of ways including analyzing PPP Lapses. Pressure exposes vulnerabilities. That concept became a fact when the federal government launched the
PPP lenders should remain diligent and continue to document their practices when receiving and approving PPP loans and disbursing PPP funds in an effort to minimize potential liability. Background To
DOJ’s First False Claims Act Settlement Against PPP Borrower Signals Robust Fraud Enforcement Ahead. As the government revives its Paycheck Protection Program (PPP) with hundreds of billions of dollars in
In 2022, there are concerns for lenders who made PPP loans during coronavirus. This article will discuss about the background, fraud cases, protection acts, and concerns for lenders. Key Takeaways
