Paycheck Protection Program (PPP) Vendor Pays Up

On September 13, 2022, the Department of Justice announced its first settlement with a Paycheck Protection Program lender pursuant to the False Claims Act. The agreement resolves allegations that Prosperity Bank, a regional bank throughout Texas and Oklahoma, improperly processed a PPP loan and secured a processing fee to which it was not entitled. Prosperity agreed to settle the claims for $18,000, and the DOJ took positive note of the Bank’s cooperation with the investigation.

Read More

Bank of America Sued for PPP Loan Fraud

On August 22, 2022, Modern Perfection LLC and Fruitful Bear, LLC filed a complaint on behalf of themselves and similarly situated Class members against Bank of America, N.A. in the United States District Court for the District of Maryland.

Read More

Member IAG Global

Telephone: 866-540-5505 • Fax: 866-300-7367 | Se habla Español

California – Los Angeles Area

19712 MacArthur Boulevard, Suite 222
Irvine, CA 92612
Map and Directions

California – San Diego

1230 Columbia Street, Suite 1140
San Diego, CA 92101
Map and Directions

California – San Francisco

3 Embarcadero Center, Suite 1650
San Francisco, CA 94111
Map and Directions

Connecticut

65 Main Street
Chester, CT 06412
Map and Directions

Florida

1625 N. Commerce Pkwy, Suite 320
Fort Lauderdale, FL 33326
Map and Directions

New Jersey

2 Hudson Place, Suite 100
Hoboken, NJ 07030
Map and Directions

New York

225 Broadway, Suite 1830
New York, NY 10007
Map and Directions

Pennsylvania

1845 Walnut Street, Suite 806
Philadelphia, PA 19103
Map and Directions

Affiliate Office –  Milan, Italy