Partner Kathryn Deal spoke to Philadelphia Business Journal for an article about a wave of Paycheck Protection Program (PPP) fraud cases taken up by the US Department of Justice.
Kathryn, a former assistant US attorney, noted that the nature, scope, and sentences of pandemic fraud cases could vary depending on the facts and circumstances.
If a business owner made a fraudulent representation on a loan application, they could face bank fraud, wire fraud, and mail fraud charges, and if that owner misused fraudulently obtained funds, they could face money laundering charges, she said.
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