If you’re on this page, it’s because you’re worried about PPP loan fraud - and need an attorney who gets it. At Spodek Law Group P.C., we understand how life-altering these charges can be. Our goal is to break down what PPP loan fraud looks like, how federal authorities investigate it, and what potential outcomes you might face. If you're being investigated PPP loan fraud, you need to speak to our criminal defense attorneys today.
WHY PPP LOAN FRAUD MATTERS AND WHY IT’S FEDERAL
What triggers PPP loan investigation?
When the Paycheck Protection Program (PPP) launched under the CARES Act, it was meant to help businesses survive the pandemic. But with billions of dollars distributed, the federal government quickly began investigating fraud. If they believe you lied on your application, misused the funds, or inflated your payroll, you could face federal charges under 18 U.S.C. § 1344 (bank fraud), 18 U.S.C. § 1343 (wire fraud), 18 U.S.C. § 1014 (false statements), or 18 U.S.C. § 371/1349 (conspiracy). Because PPP loans involve federal money, these cases typically stay at the federal level, where prosecutors and agencies like the DOJ have considerable resources to build a case.
DOUBLE JEOPARDY AND THE DISTINCTION BETWEEN STATE AND FEDERAL
Many clients ask about double jeopardy. Under the Fifth Amendment, you can’t be tried twice for the same crime by the same sovereign. With PPP loan fraud, you’re almost always dealing with the federal government. Typically, states won’t jump in unless there’s a separate offense that falls under state jurisdiction. Our job is to confirm whether the federal government is truly the right venue and whether there’s any state overlap that could complicate your situation.
WHAT ARE THE POTENTIAL PENALTIES?
If you’re convicted of PPP loan fraud, the penalties can be severe:
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- Prison Time: Federal crimes often come with strict sentencing guidelines. Even a smaller-scale fraud can lead to a lengthy sentence.
- Fines: You might face substantial fines, reaching into the hundreds of thousands or even millions, depending on the scope of the alleged fraud.
- Restitution: Courts often require you to pay back the amount you allegedly took, plus interest.
- Probation or Supervised Release: In some cases, particularly if the fraud amount is smaller, you could see probation - but that depends on how strong your defense is.
We have over 50 years of combined experience navigating federal court systems. We know how to tackle the charges you’re facing, and our aim is always to get the best possible outcome, whether it’s dismissal, a not guilty verdict, or a reduced sentence.
COMMON DEFENSE STRATEGIES: REAL SCENARIOS
Scenario 1: Lack of Criminal Intent
Fraud charges typically require a specific intent to defraud. If you made honest mistakes or relied on inaccurate professional advice, you may not have had the criminal intent needed for a conviction.
Scenario 2: Wrongfully Obtained Evidence
If federal authorities obtained evidence through illegal searches, coercion, or without a proper warrant, we can file pre-trial motions to suppress that evidence.
Scenario 3: Mistaken Identity
Sometimes, the wrong person ends up under investigation. If someone else used your name or E-signature, we can show you weren’t actually involved.
Scenario 4: Duress or Coercion
If you were forced or intimidated into participating, that can be a valid defense-though it’s not always easy to prove.
Scenario 5: Plea Bargains and Negotiating a Reduced Sentence
If the government’s evidence is strong, we may negotiate a favorable plea that reduces the charges or minimizes potential prison time.
OUR PROCESS AND WHY WE CAN HELP
At Spodek Law Group P.C., we approach PPP loan fraud the same way we handle every complex criminal case: by fully understanding your situation, reviewing every piece of evidence, and presenting the facts in the best possible light. We rely on:
- Expert Witnesses: Forensic accountants who review financial records and detect gaps or errors.
- Digital Portals: A unique online system that lets you share documents securely and track your case.
- Investigative Resources: We have access to private investigators and a network of professionals who are skilled at examining every detail.
- Legal Expertise: Our attorneys understand federal law, federal prosecutors, and sentencing guidelines-and how to use them to your advantage.
As a premier criminal defense law firm, we only take on clients we believe we can truly help. We’re not a “mill.” We handle each case with care, because your future matters.
NEXT STEPS: YOUR FREE CONSULTATION
If you’re already under investigation, or suspect you might be soon, it’s crucial to act now. Waiting only gives prosecutors more time to build a case against you. At Spodek Law Group P.C., we encourage you to reach out for a risk-free consultation. Bring any documents you have. We’ll review your situation, discuss possible outcomes, and talk about defense strategies.
If it’s possible to win your PPP loan fraud case, we’ll find that path. If it’s possible to negotiate a favorable plea, we’ll walk you through it. If we need to go to trial, we’re ready.
WE ARE SPODEK LAW GROUP
We have over 50 years of combined experience. We handle tough cases that others call unwinnable. We understand what you’re going through and take it seriously. If you or a loved one is facing PPP loan fraud allegations, call us anytime, 24/7. We’re here to help you navigate this process and protect your rights at every stage.
Remember: you’re not alone. We will guide you, defend you, and fight for you. That’s our promise at Spodek Law Group P.C.. And we encourage you to take that first step now - because the longer you wait, the harder the path may become.