CSKD encourages whistleblowers with information about PPP loan fraud to come forward
If you have information that a business or organization obtained a federal Paycheck Protection Program (“PPP”) loan or loan forgiveness based on false information, we encourage you to contact us for a confidential consultation regarding your potential whistleblower claim and eligibility for a monetary award.
The federal government continues to devote substantial resources to investigating and prosecuting PPP fraud, and the U.S. Department of Justice has made recovering fraudulently obtained pandemic-relief funds an ongoing enforcement priority.
Whistleblowers who reveal PPP fraud can receive up to 30% of the funds recovered by the government.
CSK&D has significant experience representing whistleblowers. If you have information that a business or organization obtained a PPP loan or loan forgiveness based on false information, we encourage you to contact us for a confidential consultation regarding your potential whistleblower claim and eligibility for a monetary award
What Is PPP Loan Fraud?
The PPP was established to provide financial assistance to eligible businesses during the COVID-19 pandemic. To obtain a PPP loan or loan forgiveness, applicants were required to certify the accuracy of information regarding their eligibility, payroll expenses, employees, business operations, and use of loan proceeds.
Potential PPP fraud may involve:
- Inflated or fabricated payroll records
- False statements regarding employee headcount or revenue
- Failure to disclose affiliated entities or employees
- Applications submitted on behalf of inactive, dormant, or nonexistent businesses
- Falsified tax returns, bank records, payroll records, or other supporting documentation
- Use of PPP funds for unauthorized purposes
- False certifications submitted to obtain loan forgiveness
- PPP loans obtained by businesses or organizations that were ineligible for the program
This is a questionnaire created by the law firm of Chimicles Schwartz Kriner & Donaldson-Smith LLP (CSK&D) in relation to this class action investigation. Your answers will be screened, and you may be contacted if your responses match certain criteria.
When you submit this form, it will not automatically collect your details like name and email address unless you provide it yourself.
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