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ActiveBusinessLegal$245 million

Southern District of Ohio joins DOJ Fraud Division, SBA & SBA OIG in surge takedown exceeding $245 million in COVID-era loan fraud

What happened

COLUMBUS, Ohio – The U.S. Attorney’s Office for the Southern District of Ohio today announced a conviction as part of a nationwide enforcement action led by the Justice Department’s National Fraud Enforcement Division, the Small Business Administration, and the SBA Office of Inspector General targeting fraud in the SBA’s Paycheck Protection Program (PPP).

Summary assembled by rule from the sources below

Why it's spreading

Sources