Two Companies Pay for PPP Fraud | Dover News

Two companies just paid $2.35 million to settle fraud claims tied to COVID-19 PPP loans — they lied about employee counts to qualify, snagging forgiven loans worth $1.3M and $184K respectively. Whistleblowers exposed the scheme, and while the firms deny wrongdoing, they’re still on the hook — with whistleblowers set to share in the payout. A stark reminder: even well-intentioned relief programs need strong oversight to prevent abuse. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/619bdf9f16dde480