May 29, 2020

Lessons From the First DOJ PPP Fraud Prosecutions

Anti-Corruption Report
Brian Hayes

White Collar Defense Partner Brian Hayes authored an article in the Anti-Corruption Report outlining the lessons learned thus far from the government's prosecutions against Paycheck Protection Program (PPP) fraud. The U.S. federal government enacted the CARES Act, a $2‑trillion stimulus package, on March 27, 2020, to aid people reeling from the effects of the COVID-19 pandemic. Implementation of one of the CARES Act’s relief initiatives, the Paycheck Protection Program (PPP), has been in the spotlight due to concerns about borrowers’ eligibility and the risk of fraud.

READ: Lessons From the First DOJ PPP Fraud Prosecutions

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