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The Next Wave Of CARES Act Enforcement: Paycheck Protection Program Civil Fraud Investigations - Criminal Law

To print this article, all you need is to be registered or login on Mondaq.com. The March 2020 Coronavirus Aid, Relief, and Economic Security Act ( CARES Act ) created enormous incentives for companies to apply for economic stimulus funding and grants to alleviate the devastating economic impacts from the worldwide pandemic. Until recently, the U.S. Department of Justice ( DOJ ) focused mainly on filing criminal actions against individuals who allegedly committed fraud and made false statements in connection with CARES Act stimulus funds, in particular criminal fraud cases involving the Small Business Administration Paycheck Protection Program ( PPP ). But a recent PPP enforcement

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