Legal Insights & Updates

Congress extended PPP fraud prosecution from 5 to 10 years retroactively - different statutes have different timelines.

Bank forgiveness is about repayment - it was never about fraud. The government has 669,000 referrals and 10 years to investigate.

The three defenses that actually work in PPP fraud cases: reliance on professional advice, good faith mistake, and lack of materiality.

False statements do not automatically equal criminal liability. Prosecutors must prove you knowingly submitted false information with intent to defraud.

Personal items are not the crime - they are the evidence. 81% of PPP fraud defendants receive prison time.

Your forgiveness application created a second independent opportunity for federal criminal exposure with its own statute of limitations.

PPP fraud defense in Oregon - Andrew Lloyd stole $3.5M, his Tesla stock grew to $18M, and he forfeited all of it.

The reality of COVID relief fraud prosecutions - five regional strike forces, 97% conviction rate, and sentences 40% longer in 2025.

EIDL fraud is more dangerous than PPP - no forgiveness pathway, 10-year statute, and 2 million uninvestigated cases.

Understanding multi-program federal fraud exposure across PPP, EIDL, ERC, and unemployment programs.