Fraud Enforcement and Policing COVID Relief: What Businesses Need to Know with Chuck Kreindler [NB 083]

With $3 trillion of stimulus money already disbursed and $3 trillion more scheduled to be distributed to the American people in the near future, we're taking a look at the type of oversight provisions included in the CARES Act that allow the Federal government to police COVID relief money. Joining me for this conversation is Chuck Kreindler. Chuck is a partner in the Government Contracts, Investigations & International Trade Practice Group and the White Collar Defense and Corporate Investigations Team Leader at Sheppard Mullin. What We Discuss in This Episode: How will the Federal government conduct oversight and enforcement action to ensure any money distributed under the CARES Act is used the right way? What are the three main oversight mechanisms built into the CARES Act? What is the task force established by the Department of Justice responsible for? Why are there real concerns about insider trading and what is the Securities and Exchange Commission doing about it? How is the CARES act similar to the 2008 economic crisis stimulus package? Who are "whistleblowers" and why is there a fear that the current economic climate might produce a great amount of whistleblowers? What are some areas that businesses could potentially get themselves into trouble when it comes to applying to, accepting, and handling distributed money? What is the Reverse False Claims Act? How can a business deal with a whistleblower within its own company? What steps should a company that receives a whistleblower complaint take to respond? Resources Mentioned: Small Business Administration Sheppard Mullin Coronavirus Insights Contact Information: Chuck's Sheppard Mullin attorney profile Thank you for listening! Don't forget to SUBSCRIBE to the show to receive every new episode delivered straight to your podcast player every Wednesday. If you enjoyed this episode, please help us get the word out about this podcast. Rate and Review this show in Apple Podcasts, Stitcher Radio, Google Play, or Spotify.  It helps other listeners find this show.  Be sure to connect with us and reach out with any questions/concerns:  LinkedIn Facebook Twitter  Sheppard Mullin website This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.