Have You Been Accused Of PPP Loan Fraud?
Starting in 2020, the CARES Act authorized loans to small businesses affected by the COVID-19 pandemic. The funds were intended to help business owners make payroll so they could afford to pay their workers despite being severely limited or completely shut down by lockdown mandates. This is called the Payment Protection Program, which is why the loans are called PPP loans.
While the federal government provides these loans to struggling business owners, it also investigates cases of alleged fraud related to PPP loans. As with any federal criminal charges, a conviction for PPP loan fraud can have serious consequences for your freedom and reputation in South Florida’s business community. At Beckham Solis, Attorneys at Law, we protect people accused of PPP fraud.
PPP Loans And Fraud
The Small Business Administration, which administers the Payment Protection Program, is on the lookout for two main types of fraud:
- Someone stealing the identity of a small business owner, receiving a loan in the business’ name and pocketing the money
- Business owners mismanaging or deliberately misusing the funds
Our team of attorneys has more than 60 years of combined experience in state and federal criminal law. We can help and advise you at every stage of your case, from the moment you discover you are under investigation through arrest, interrogation and getting charged. We know where to look for weaknesses in the prosecution’s case and what to do about them.
Protect Yourself And Your Small Business
High-profile claims of PPP fraud can put your reputation on the line, even if you are never convicted or even charged. Working with one of our lawyers can help you settle the accusations against you as quickly and smoothly as possible. You and your partners will be able to focus on business while we work as a team to deliver the best outcome available.
If you are being investigated for alleged PPP loan fraud, you should start preparing your legal strategy as soon as possible. Contact Beckham Solis, Attorneys at Law, at our Miami office to schedule your no-obligation consultation with one of our attorneys. Call 305-564-4329 today.