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A federal jury convicted a Seattle doctor yesterday of fraudulently seeking over $3.5 million and obtaining over $2.8 million in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) COVID-19 relief funds.

A South Florida tax preparer was sentenced today to 24 months in prison, followed by three years of supervised release, for carrying out a scheme to fraudulently obtain over 100 COVID-19 relief loans under the Paycheck Protection Program (PPP). He was also ordered to pay over $1 million in restitution.

Two individuals pleaded guilty today in the Southern District of Texas for their participation in a scheme to fraudulently obtain and launder millions of dollars in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security Act.

Sextant Marine Consulting LLC (Sextant), a Florida-based duct cleaning company, has agreed to pay $30,000 in damages and civil penalties to settle allegations that it violated the False Claims Act by obtaining more than one Paycheck Protection Program (PPP) loan in 2020. Sextant also repaid the duplicative PPP funds in full to its lender, relieving the U.S. Small Business Administration (SBA) of liability to the lender for the federal guaranty of approximately $170,000 on the improper loan.