Search
Showing 1 - 10 of 40 results
Labor Organizations to Pay $5.1 Million to Settle False Claims Act Allegations Relating to Paycheck Protection Program Loans
Four labor organizations have agreed to settle allegations that they violated the False Claims Act (FCA) by applying for and obtaining loans under the Paycheck Protection Program (PPP) for which they knew or should have known they were ineligible. The United States contended that these organization caused the Small Business Administration (SBA) to pay loan forgiveness, in addition to interest and processing fees, to financial institutions that processed the loans.