2021 Likely to See a Wave of DOJ-led PPP Fraud Prosecutions

David Bouchard hit the nail on the head with his latest article regarding his predictions for a surge in PPP fraud prosecutions in 2021. 

"The unprecedented, historic nature of the program makes it difficult to predict how the DOJ will allocate prosecutorial resources and which cases it will prioritize in the future.

But over time, federal prosecutors will almost certainly turn their eyes to more complicated fraud schemes, including legitimate small businesses' use of PPP loans on unauthorized expenses that are difficult to detect, loan recipients' misrepresentation of their eligibility for the program in nonobvious ways, and employers' exploitation of the program over the long run by, for example, asking their employees to repay compensation received under a PPP loan or to work for free."