Brand new DOJ try Carried on to a target PPP Receiver to own Con
The brand new federal Salary Defense Program (PPP) dependent because of the Coronavirus Services, Recovery, and you may Financial Safety (CARES) Act provided a maximum of $934 billion into the funding so you’re able to people influenced by the latest COVID-19 pandemic. Since , Congress got currently recognized vast amounts of dollars from inside the suspect fund awarded in PPP; and you can, regarding days since, brand new You.S. Agencies away from Fairness (DOJ) features continued to follow con analysis centering on PPP mortgage recipients across the world.
These types of investigations enjoys varied extensively both in their range in addition to certain allegations focused. The newest DOJ keeps pursued charge up against large firms that received multi-million-buck PPP loans, and has now pursued costs up against people accused of getting half a dozen-figure PPP loans to invest in lavish individual costs. (περισσότερα…)