DALLAS COVID LOAN FRAUD ATTORNEY
NEED AN EXPERIENCED Covid Fraud Lawyer?
Are you facing charges of COVID loan fraud and need a top COVID fraud lawyer? Lying, misrepresentation, and/or misuse of funding obtained through a COVID-19 relief funding program is a serious crime.
The experienced, aggressive COVID fraud attorneys at Gallian Firm will be able to build a strong case to beat these serious allegations. It is, therefore, a critical first step for you to contact Gallian Firm. They will provide you a free consultation and case review for any charges related to COVID loan defense or any government loan fraud charges you may be facing. They have handled countless fraud cases and will provide you a skilled, aggressive defense.
ABOUT THE Covid Loan PROGRAMS
The United States Govenrment and Small Business Association developed COVID loan programs to help American businesses survive the Coronavirus pandemic in 2020 and beyond. There were several loan and grant programs developed to address devastating financial issues, including payroll and revenue losses.
TYPES OF Covid-19 Loan PROGRAMS INCLUDE:
- Economic Injury Disaster Relief Loan (EIDL)
- Payment Protection Program Loan (PPP)
- Restaurant Revitalization Fund
- Shattered Venues Grant
The US Government also assisted borrowers by providing extensions to existing loans and debt relief through loan payments.
THE DEFINITION OF Covid Loan Fraud
As a top COVID fraud lawyer like Gregg Gallian will advise you, the definition of COVID loan fraud essentially refers to making false statements, misrepresentation, and/or other forms of deceit to obtain funding through a COVID loan program. These actions are considered fraud and the government has begun to aggressively pursue Americans who may have obtained COVID funding through these or other fraudulent means. These fraudulent crimes are extremely serious and could occur though several instances.
Examples of Covid Loan Fraud
- Making false statements on applications to obtain approval for Covid loan program funding.
- Creating a fake business to apply for Covid loan programs.
- Providing false payroll data to obtain exaggerated funding in a PPP loan.
- Misrepresentation of revenue to obtain exaggerated funding in an EIDL loan.
- Misuse of any Covid loan program funding.
James Polzin, 48 of Arizona, was convicted for fraudulent obtainment of millions of dollars from the PPP loan and Economic Injury Disaster Loan programs. Polzin was sentenced to 4 years in federal prison and has been ordered to pay over $2.2 million in fines.
The definition of COVID loan fraud essentially refers to making false statements, misrepresentation, and/or other forms of deceit to obtain funding through a COVID loan program. These actions are considered fraud and the government has begun to aggressively pursue Americans who may have obtained COVID funding through these or other fraudulent means. These fraudulent crimes are extremely serious and could occur though several instances. Contact COVID fraud lawyer Gallian today.
Federal Covid Loan Fraud Charges
Yes, COVID loan fraud is a crime against the United States Federal Government. These crimes are serious and automatically prosecuted in a federal courtroom. The United States Federal Court System employs the toughest prosecutors and pursues maximum penalties. Oftentimes, government agencies will investigate potential fraud cases for an extended period of time to gather evidence before pursuing cases. This may result in several charges concurrent charges prosecuted in a single case. Trying to navigate these charges without an experienced, aggressive COVID fraud lawyer like Gregg Gallian would not be a wise move. Your freedom and future are on the line.
POSSIBLE Penalties for Covid Loan Fraud
Penalties for a conviction for COVID-19 loan fraud could be potentially devastating. The extent of these penalties will depend on the specific charges, amount of money involved, and your unique circumstances or potential criminal history or background.
POTENTIAL PENALTIES INCLUDE:
- A conviction for intentionally making false statements on a loan application and/or bank fraud could result in up to 30 years behind bars and $1 million dollars in fines.
- A conviction for making false statements to the SBA could result in 2 years behind bars and a fine of up to $5,000.
- A conviction for making false statements to any government agency would result in up to 5 years behind bars and fines of up to $250,000.
The majority of COVID loan fraud cases involve multiple charges that may result in exacerbated penalties. The consequences for these serious convictions may include prison sentences, fine, and personal and professional repercussions.
CONTACT GALLIAN FIRM, THE BEST Covid Fraud Defense Lawyers IN TEXAS
COVID fraud lawyers Gallian Firm are former prosecuting attorneys who understand every detail of a potential COVID fraud prosecution that could be coming at you. Their experience in federal courtrooms provide them with the inside knowledge to fight for their clients. Reach out immediately to Gallian Firm the top COVID fraud lawyers in Texas, to discuss your case in a free consultation. If you are facing allegations for Covid loan program fraud, don’t hesitate. Call today!
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