If you are privy to information proving an individual or company obtained Paycheck Protection Program funds illegally, filing a PPP loan fraud case is the most effective means to pursue justice while receiving protections for yourself and your family. Whistleblowers in successful PPP loan fraud cases are compensated for their efforts and have the satisfaction of exposing fraud and abuse. Contact us today for a confidential, no-cost consultation.
Filing a PPP loan fraud case is a powerful means for individual citizens to bring tax dollar waste and abuse to light. PPP loan fraud cases may be initiated by employees of banks who disperse PPP funds, employees of companies who have received CARES Act aid, or any other individual who has inside information on a PPP loan fraud case.
Acts reported in a PPP loan fraud case may constitute wire fraud, bank fraud, money laundering, and other false claims. To access PPP loans, applicants must certify they meet loan qualifications and that "current economic uncertainty makes this loan request necessary to support the ongoing operations of the applicant".
When an applicant makes false statements to obtain relief funding--from exaggerating the number of employees on payroll to applying for a loan on behalf of a nonexistent company--there may be grounds for a PPP loan fraud case.
A PPP loan fraud case may involve the vast waste of federal funds for personal gain. Filing a PPP loan fraud case against your employer or another entity is an act of moral courage that can bring flagrant fraud and waste in check.
Whistleblower protections are in place to ensure Americans who are privy to PPP loan fraud and abuse can file a report without fear of retribution. Federal laws such as the Fair Claims Act and similar state laws provide important protections for persons initiating a PPP loan fraud case.
In addition, whistleblowers are eligible for significant compensation in successful PPP loan fraud cases. Per the False Claims Act, the government is entitled to threefold damages in each successful PPP loan fraud case. Whistleblowers receive up to 30% of this sum in compensation, along with numerous other protections. For example, if the fraud committed amounted to $2.5 million, the government may recover $7.5 million in damages and the whistleblower may personally recover over $2 million. Individuals who initiate PPP loan fraud claims are rewarded handsomely for helping to bring corporate fraud in check.
Our firm is committed to providing aggressive legal representation to maximize PPP loan fraud case compensation, while ensuring our clients are protected to the utmost extent of the law during the process. Our deep knowledge of this complex and highly sensitive practice area, alongside our stellar track record of major wins against some of the large corporations in the U.S., makes our firm uniquely qualified to represent career professionals stepping out to blow the whistle on CARES Act loan fraud.
We will represent all persons involved in a PPP loan fraud claim on a contingency basis, meaning our lawyers never charge legal fees unless we win compensation in your case. For a free, confidential and no-obligation consultation please fill out our short online contact form and one of our whistleblower attorneys for PPP loan fraud claims will contact you to answer any of your questions in a confidential consultation.
The Onder Law Firm is a St. Louis personal injury law firm handling serious injury and death claims across the country. Its mission is the pursuit of justice, no matter how complex the case or strenuous the effort. The Onder Law Firm has represented clients throughout the United States in pharmaceutical and medical device litigation such as Pradaxa, Lexapro and Yasmin/Yaz, where the firm's attorneys held significant leadership roles in the litigation, as well as Actos, Truvada, Risperdal and others. The Onder Law Firm won $197 million in three talcum powder ovarian cancer lawsuits in St. Louis in 2016 and other law firms throughout the nation often seek its experience and expertise on complex litigation. For more information, visit www.OnderLaw.com or call 1-877-ONDER-LAW.