U.S. Dept. of Justice: Affiliated companies agree to pay $10.8 million to resolve allegations that they fraudulently obtained COVID-19 loans

Richard G. Frohling, Acting United States Attorney for the Eastern District of Wisconsin, announced that on April 2, 2025, a group of affiliated companies controlled by a family office have agreed to pay $10,853,246.94 to settle allegations that they violated the False Claims Act by submitting false certifications in connection with loans under the Paycheck Protection Program (“PPP”). The affiliat...

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