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US Supreme Court is being asked to uphold False Claims Act FCA U.S. ex rel. Polanksy v. Executive Health Resources Inc. Texas doctor pleads guilty to $54 million Medicare fraud. Colorado indicts resident for million dollar Paycheck Protection Program PPP fraud scheme.
Since inception of CARES Act, DOJ’s Fraud Section prosecuted over 150 defendants in over 95 criminal cases. Fraud Section has also seized over $75 million in cash along with numerous luxury items and real estate properties purchased with fraudulently obtained PPP proceeds.
The Small Business Administration (SBA) likely distributed hundreds of millions of dollars’ worth of Paycheck Protection Program (PPP) loans to nonprofits that may not have been eligible to receive such funds, according to the Office of the Inspector General (OIG) of SBA.
Illinois police have arrested 15 people after an investigation found they allegedly applied for and received multiple Paycheck Protection Program (PPP) loans which they then used to bond themselves out of prison.
Within the enormous and necessary set of economic stimulus packages was likely the greatest amount of fraud committed on the government. PRAC helps coordinate the oversight efforts of the various agencies responsible for administering loans and grants and for finding fraud.