PPP Loan Fraud Lawyer in California

Choose A Skilled PPP Loan Fraud Lawyer to Assist You In Minimizing The Consequences Of Your Arrest

The charges concerning PPP loan fraud can be quite overwhelming because they entail not just legal knowledge but also an understanding of the federal loan programs created under the CARES Act. At My Right’s Law, our experienced PPP loan fraud attorneys are devoted to providing Los Angeles criminal defense to those accused of fraud. Our team will research the matter, develop your specific PPP loan fraud defense plan, and fight for you in court.

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Legal Defense Against Allegations of PPP Fraud

The Paycheck Protection Program (PPP) is a business loan that is meant to help business entities that have been affected by the COVID-19 pandemic outbreak. Although helpful for most, the program has caused concerns and increased the number of monetary federal fraud schemes, which often lead to wrong allegations.

Our federal and state criminal defense lawyers tailor the defense strategies with care and precision to every aspect of the case and make sure to contest any evidence that is brought to court to harm your interests. Our top priority is always providing clients with a PPP fraud defense strategy and representation that fits their case and protects their rights.

How PPP Loan Fraud Attorney Can Help

Here are a few ways our PPP loan fraud attorneys can help you:

  1. Meticulous Case Evaluation. Every case starts with thorough research, ensuring our defense attorneys know all the details and you understand all the charges against you. Based on the results of the loan fraud audit, we will offer strategic advice tailored for you, as well as a further action plan.
  2. Relentless Representation In The Court. Through combining comprehensive prior research and aggressive representation, our PPP fraud attorneys achieve the best conditions for you – from reduced punishments to entirely dismissed charges.
  3. Expert Consultation. Extensive experience in SBA fraud and other financial allegations allows our PPP loan fraud lawyers to analyze your situation and provide you with the most accurate and helpful advice.
  4. Negotiation and Settlement. In cases where avoiding charges is not possible, a PPP loan fraud attorney can work to mitigate the consequences, negotiating for reduced penalties or alternative resolutions.

Elements of Federal PPP Fraud Charges

  • False Claims Act Violations

This involves making false statements in loan applications or certifications, often leading to False Claims Act charges. Some of the typical reasons include making false statements on the loan amount, exaggeration of payroll costs, misrepresentation of the number of employees on payroll or payroll costs, or false representation of eligibility for loan forgiveness.

  • Wire Fraud

 Wire fraud is the use of electronic connections to send fraudulent loan applications or transfer loan monies that are not being used appropriately. Severe consequences for this federal crime are imprisonment and penalties.

  • Loan Stacking

 Applying and getting more than one PPP loan for the same business or faking affiliations to get more funds might be considered loan stacking, which is punishable.

  • Misuse of Loan Funds

 PPP funds used for anything other than permitted expenses, ineligible business expenses, or any other purpose are misused and entail charges by the Department of Justice.

What Are Legal Penalties for PPP Fraud?

  • Up to 30 years of federal prison.
  • Up to and over $1 million in legal fines.
  • Restitution of misused loans, as well as any additional damages assessed by the court.
  • Disqualification from future federal loan programs.

Why You Need a Lawyer If You Have Been Targeted for SBA PPP Loan Fraud

Getting legal counsel is essential if you have received an SBA PPP loan fraud allegation. Here are a few ways loan fraud defense attorney from My Right’s Law can help you:

  • Professional Legal Advice

 Our fraud lawyers offer professional legal advice to ensure you are aware of the accusations against you and the possible repercussions. After the free consultation in the beginning, we provide comprehensive strategic counsel based on your unique situation.

  • Protection of Rights

 A PPP loan fraud attorney guards your constitutional rights throughout the legal process. We make sure you get due process and that the loan fraud investigations and prosecutions are handled fairly.

  • Robust Defense Techniques

 Our criminal defense lawyer team creates effective defense techniques that aim to refute accusations, contest the evidence, and try to get charges dropped or reduced.

  • Mitigation of Consequences

 When evading prosecution is not an option, our defense lawyers seek to lessen the blow by settling for lowered fines or other agreements.

At My Right’s Law, we stand out as the top PPP loan fraud lawyers in Los Angeles because of our dedication to quality work and client-centered philosophy. Get in touch with us for a private consultation if you or your company is being accused of PPP fraud. Allow our skilled criminal defense attorneys to assist you during this difficult time and protect your rights.