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Six Individuals Charged with Fraudulently Obtaining $1 Million from the Paycheck Protection Program in Scheme Investigated by PRAC’s Fraud Task Force
This case was also supported by the PRAC’s Pandemic Analytics Center of Excellence, which applies the latest advances in analytic and forensic technologies to help OIGs and law enforcement pursue data-driven pandemic relief fraud investigations.
PRAC Issues Fraud Alert Follow-Up: Improved Data Sharing and Agencies’ Use of the Do Not Pay System Would Strengthen Program Integrity
The Pandemic Response Accountability Committee (PRAC) issued a Fraud Alert follow-up that shows the potential benefits of agencies using the Department of Treasury’s (Treasury) Do Not Pay (DNP) system to prevent and detect fraud.
PRAC Releases A New Way To Show Pandemic Funding By Individual Federal Agencies
Robert A. Westbrooks, Executive Director of the Pandemic Response Accountability Committee (PRAC), announced a new way to view data on PandemicOversight.gov.
President Biden Signs Legislation Giving Watchdogs More Time to Fight Pandemic Fraud
President Biden signed H.R. 7334 and H.R. 7352 into law last week, extending the statute of limitations for Paycheck Protection Program and COVID-19 Economic Injury Disaster Loan fraud from 5 years to 10 years.
PRAC Welcomes Newly-Passed Legislation Extending Statute of Limitations on Pandemic Relief Fraud
Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC), heralded last week’s Senate passage of legislation that extends the statute of limitations for Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) fraud from 5 to 10 years.
Two-Year Mark of the CARES Act and the Creation of the Pandemic Response Accountability Committee
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted. It distributed $2.1 trillion to individuals, businesses, schools, and state and local governments to respond to the effects of the pandemic.
PRAC Releases Semiannual Report to Congress for October 1, 2020 through March 31, 2021
Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC), announced the release of the PRAC’s Semiannual Report to Congress. The report covers the period from October 1, 2020 through March 31, 2021.
PRAC Posts Additional Paycheck Protection Program (PPP) Data
As part of our mission to promote public transparency of pandemic response funds, the Pandemic Response Accountability Committee (PRAC) today posted new data for the Paycheck Protection Program (PPP).