Information On The Federal Criminal Case For PPP Loan Fraud

Jason_grace31 Oct, 2022Business

There was serious economic pain felt by the world during COVID-19. The pandemic forced several businesses like bars, restaurants, etc. as non-essential and was closed either temporarily or permanently. The Paycheck Protection Program and Small Business Administration funds provided enough federal funds for the qualified people who had to face unemployment during the pandemic and temporarily increased the flow of finance. But, the outcome of availing easy funds did not turn out to be good as the receivers made no justice and ended with penalty charges. The borrowers should also know that defrauding a state government with Small Business Administration funds will attract several criminal charges. Under such a situation, there is a need to hire the best Rancho Santa Fe criminal attorney to be able to face criminal allegations.