Free Consultations & We're Available 24/7
WE'RE A BOUTIQUE LAW FIRM.
TRUST 50 YEARS OF EXPERIENCE.
WE SERVICE CLIENTS NATIONWIDE.
So your probably hoping that maybe you can just keep the PPP money, especially if you already spent it on business expenses or personal needs. Maybe you think going to prison is punishment enough and they won’t make you pay it back. Or maybe your planning to declare bankruptcy to wipe out the debt. Look, we get it. Your desperately trying to figure out if you’ll at least get to keep something from this nightmare. But here’s the crushing reality – you MUST pay back every single penny of fraudulent PPP money, plus interest, plus costs, and this debt follows you literally until you die and beyond!
YES, repayment is 100% MANDATORY under federal law! The Mandatory Victims Restitution Act means exactly what it says – MANDATORY. The judge has absolutely ZERO discretion. If your convicted of PPP fraud, you WILL be ordered to pay full restitution. There’s no mercy, no exceptions, no way out!
Look at what’s happening right now in 2025. Richard Nieto got $913,551 in fraudulent PPP loans – he was ordered to pay back $962,438! That’s almost $50,000 MORE than he stole because of interest and costs! A Mansfield tax preparer got $760,415 in PPP loans – ordered to pay $10.2 MILLION in total restitution! The amounts your forced to pay back are often MORE than what you actually received!
The federal government views this money as STOLEN and they want every penny back. It doesn’t matter if you spent it on legitimate business expenses. Doesn’t matter if you used it to pay employees. Doesn’t matter if you have nothing left. You OWE that money and they WILL collect it by any means necessary!
Spent it all? Too bad – you still owe every penny! The government doesn’t care that the money is gone. They don’t care if you spent it on groceries or medical bills. They don’t care if your broke, homeless, unemployed. The restitution order stands regardless of your ability to pay!
In fact, inability to pay can make things WORSE! Judges often impose longer prison sentences specifically because defendants can’t make restitution. We’ve seen judges say “since you can’t pay back what you stole, you’ll pay with extra years of your freedom.” One defendant who couldn’t pay restitution got an additional 2 years added to his sentence!
The IRS Criminal Investigation division will hunt you for this money forever. They’ll garnish up to 25% of any wages you ever earn. They’ll seize every tax refund for the rest of your life. When you start collecting Social Security? They’ll take that too. Get an inheritance? The government gets it first. Win the lottery? They’re taking it. There’s literally no escape!
ABSOLUTELY NOT! PPP fraud restitution is NOT dischargeable in bankruptcy – not Chapter 7, not Chapter 13, not any type! Federal law specifically excludes criminal restitution from bankruptcy discharge. You could declare bankruptcy 10 times and still owe every penny of that PPP fraud debt!
And it gets worse – the debt SURVIVES YOUR DEATH! Your estate becomes responsible for paying it. Your family inherits nothing until the government gets paid. That house you wanted to leave your kids? The government will force its sale. Life insurance payout? They’ll seize it. Your children and grandchildren get nothing because the government takes everything to satisfy your restitution order!
We had a client who died owing $2 million in PPP restitution. The government seized his house, cars, retirement accounts, life insurance – everything. His widow and children were left with NOTHING. The debt literally destroyed his family’s financial future even after he was dead!
Here’s something that’ll really terrify you – if you committed PPP fraud with others, you can be held responsible for the ENTIRE amount, not just your share! Its called “joint and several liability” and its absolutely brutal!
Let’s say three people conspired to get $1.5 million in fraudulent PPP loans, but you only got $100,000. The court can order YOU to pay the full $1.5 million! Your co-conspirators flee the country or declare bankruptcy? You pay there share. They’re broke? You pay everything. They got better lawyers and weren’t convicted? You STILL pay for everyone!
A Nevada man in 2025 was ordered to pay $11,793,064 in restitution – but he didn’t get all that money himself! Some went to co-conspirators, some was spent by others, but he’s on the hook for EVERYTHING because he was the only one with assets. Joint and several liability means the last person standing pays for everyone’s crimes!
The government has absolutely ruthless collection methods that would make loan sharks jealous! The Department of Justice has an entire division dedicated to collecting criminal debts. They have more power than any private creditor could dream of!
They’ll immediately garnish your wages – up to 25% of every paycheck goes straight to them. They’ll seize your bank accounts without warning. Your tax refunds? Automatically intercepted. They’ll put liens on any property you own or ever will own. They can even seize money from your commissary account while your in prison!
And there’s no statute of limitations on collection! Private debts might expire after 7 years. Not federal criminal restitution! They can collect for 20 years, then renew for another 20 years, then another, forever! One defendant from a 1995 fraud case is STILL having his wages garnished in 2025 – 30 years later!
Here’s a trap that’s destroying people – voluntary repayment can actually HURT you! The January 2025 DOJ report revealed there new strategy: target people who voluntarily repay because repayment is essentially a confession! By paying back the loan, your admitting it was fraudulent!
Federal prosecutors call voluntary repayment “consciousness of guilt” evidence. They use it to prove you knew the loan was fraudulent. Unlike other crimes where cooperation helps, PPP repayment creates evidence against you! We’ve seen cases where voluntary repayment was the KEY evidence used to convict!
Even worse, voluntary repayment does NOT stop prosecution! The government’s position is clear: “Returning stolen money doesn’t erase the crime.” You can pay back every penny and still go to federal prison for years. Plus, they’ll often demand MORE than you voluntarily paid, adding interest, penalties, and costs!
The restitution amount isn’t just the loan – its EVERYTHING related to the fraud! The principal loan amount is just the start. Then they add interest from the date of the fraud (not conviction). Then investigation costs – every hour the FBI spent investigating, you pay for. Prosecution costs – you literally pay for your own prosecution!
Recent 2025 cases show the reality. Someone who got $913,551 in loans was ordered to pay $962,438 – almost $50,000 in additional costs! Another who got $760,415 owes $10.2 MILLION because of related frauds and costs! The final restitution amount is often 20-50% higher than the actual loan amount!
And if there were consequential damages? You pay those too. Did your fraud cause the SBA to deny legitimate loans to real businesses? You might owe those businesses damages. Did the government spend money fixing problems your fraud caused? You pay for that. The restitution order can spiral into amounts you never imagined!
EVERY PENNY you ever make for the rest of your life is subject to seizure! Get a job after prison? 25% garnishment immediately. Start a business? The government can seize profits. Inherit money? They take it. Sell property? Proceeds go to restitution. There’s literally no financial transaction you can make that isn’t subject to government collection!
Even money you haven’t earned yet can be claimed! Future bonuses, future raises, future investments – the government has first claim on all of it. We’ve seen restitution orders that specify “any and all future income from any source” must go toward the debt. Your essentially working for the government for the rest of your life!
And they track everything! The IRS shares data with DOJ. Banks report large transactions. Employers report wages. You can’t hide income, you can’t work under the table, you can’t escape. Modern technology means they’ll find every penny you earn and take there share forever!
Death doesn’t end the debt – it transfers to your estate! Your family can’t inherit anything until the government is paid in full. That house you worked your whole life to pay off? The government will force its sale. Your retirement accounts? Seized. Life insurance? They get it first.
Your spouse could become homeless because the government seized the house for your restitution. Your kids college funds? Gone. Family heirlooms? Sold at auction. Everything you hoped to leave your family gets taken to pay your PPP fraud debt. You literally destroy your family’s financial future from beyond the grave!
And if your estate doesn’t cover the full amount? Some states allow the government to go after your family members if they received any gifts or transfers from you! Your spouse got birthday presents? Might have to pay them back. Paid for your kid’s wedding? Government might demand that money. The debt becomes a family curse!
WARNING: PPP fraud restitution is MANDATORY and PERMANENT!
You’ll pay every penny plus interest until you DIE and beyond!
Call 212-300-5196 NOW before this lifetime debt destroys your family’s future!
Look, we need you to understand the reality – if your convicted of PPP fraud, you WILL pay back every penny, plus interest, plus costs, for the rest of your life and beyond. This isn’t a normal debt you can negotiate, settle, or discharge. Its a criminal restitution order that follows you to the grave and then attacks your estate!
The government has unlimited power to collect. Wage garnishment, asset seizure, tax refund interception, Social Security garnishment – they’ll use every tool forever. Bankruptcy won’t help. Death won’t stop it. Your family inherits nothing but poverty. Joint and several liability means you might pay for everyone’s fraud, not just your own.
The only way to avoid this lifetime of financial slavery is to avoid conviction or minimize the restitution amount through proper legal defense. Once that restitution order is entered, your financially destroyed forever. Don’t wait until its too late. Call us immediately at 212-300-5196 and let us fight to protect you from a debt that will haunt you and your family for generations!
Very diligent, organized associates; got my case dismissed. Hard working attorneys who can put up with your anxiousness. I was accused of robbing a gemstone dealer. Definitely A law group that lays out all possible options and best alternative routes. Recommended for sure.
- ROBIN, GUN CHARGES ROBIN
NJ CRIMINAL DEFENSE ATTORNEYS