COVID-19 AND FRAUD
The unprecedented impact of COVID-19 on business and the Federal Governments response to aiding businesses in need have opened an opportunity for exploitation of these relief programs.
Kaplan Marino is available to consult with clients and assist them in defending against the following types of allegations.
The U.S. Department of Justice is actively prosecuting individuals and businesses for Bank Fraud, Wire Fraud and False Statements to Financial Institutions. This fraud is related to representations made when applying for money from the federally funded Payment Protection Plan (PPP). Statements made relating to the application as well as how the funds are spent can be the basis of a prosecution.
- Virginia Couple Arrested for PPP Loan Fraud
- Reality TV Star Indicted for PPP Loan Fraud
- Houston Man charged with PPP Loan Fraud
- Texas Man Charged with PPP Fraud
- Dayton Business Owner Charged with PPP Fraud
- Texas Man Charged with Wire Fraud, Bank Fraud and PPP Loan Fraud
- Seattle Doctor Charged with Wire and Bank Fraud and PPP Loan Fraud
- Florida Man Charged with Falsely Obtaining PPP funds in Part to Fund a Health Care Fraud Scheme
- Central District of California United States Attorney’s office has filed their first case of COVID-Relief Fraud
- Washington Tech Executive Charged with COVID-Relief Fraud and Money Laundering
- Nine Charged with $24 Million COVID-Relief Fraud Scheme
- Five Charged in Connection with an over $4 Million Paycheck Protection Program Fraud Scheme
- San Fernando Valley Man Charged with Fraudulently Obtaining COVID-Relief Loans for His Sham Sewing Company
- Justice Department Acts To Shut Down Fraudulent Websites Exploiting The Covid-19 Pandemic
The U.S. Department of Justice is actively prosecuting individuals and businesses for falsely claiming they have access to Personal Protection Equipment (PPE), falsely representing the quality of the PPE they are selling, falsely claiming they have investment opportunities in vaccinations, testing or treatment related to Covid-19. These false representations can be the basis of prosecution for PPE fraud.
Attorney General William Barr has announced that, pursuant to an Executive Order, it is illegal to obtain designated items in excess of his or her reasonable needs or for the purpose of selling them in excess of prevailing market prices. See 50 U.S.C. §§ 4512, 4513. Individuals and businesses may be investigated and prosecuted if they acquire vital medical supplies in excess of what they would reasonably use or for the purpose of charging exorbitant prices to health care workers or hospitals.