DOJ’s First False Claims Act Settlement Against PPP Borrower Signals Robust Fraud Enforcement Ahead
By EsqSocial Corporation 08/02/21
As the government revives its Paycheck Protection Program (PPP) with hundreds of billions of dollars in additional loans available to small businesses, there are fresh signs that government fraud investigations and whistleblower litigation related to the loan program are ramping up. On January 12, 2021, the U.S. Department of Justice (DOJ) announced its first-ever civil settlement of alleged False Claims Act (FCA) violations with a borrower of a PPP loan. According to the U.S. Attorney’s Office...
By: Perkins Coie