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ActiveBusinessLegal$245 MILLION

MIDDLE DISTRICT OF LOUISIANA JOINS DOJ FRAUD DIVISION, SBA, AND SBA OIG IN SURGE TAKEDOWN EXCEEDING $245 MILLION IN COVID-ERA LOAN FRAUD

What happened

The Middle District of Louisiana announced multiple charges and guilty pleas as part of a nationwide enforcement action led by the Justice Department’s National Fraud Enforcement Division, the Small Business Administration (SBA), and the SBA Office of Inspector General (SBA OIG) targeting fraud on the SBA’s Paycheck Protection Program (PPP).

Summary assembled by rule from the sources below

Why it's spreading

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