Cleveland PPP – SBA – EIDL Loan Fraud Lawyers

Fighting Back Against PPP and EIDL Fraud Charges in Cleveland

When COVID first hit, the government created new loan programs like PPP and EIDL to help small businesses survive. These were a real lifeline for a lot of companies. But now, folks are getting accused of fraud and abuse with these loans. If this happened to your business in Cleveland or anywhere in Ohio, it can feel scary and overwhelming. But experienced attorneys can help you build a strong defense.

What Are They Saying You Did?

Prosecutors usually claim you lied on your loan application. Stuff like:

• Saying you had more employees than you really did
• Exaggerating your payroll numbers
• Not mentioning felony convictions
• Using the money for non-allowed things

You might face charges like wire fraud, bank fraud, false statements, or identity theft. These can mean years behind bars, massive fines, having to pay back money, and losing assets.

Did You Really Mean to Defraud Them?

To prove fraud, prosecutors have to show you meant to deceive the lenders. This gives your lawyers ways to fight back. Maybe your company made a mistake on the paperwork. Or you didn’t understand the complicated rules. Even if you made false claims, proving you wanted to commit fraud is tough. Good attorneys dig into the details to show lack of intent.

Were You Really “Ineligible”?

Another strategy is saying you qualified for the loans after all. Prosecutors say you didn’t meet the requirements for PPP or EIDL. But the rules changed all the time and were confusing. Your lawyers can argue the government is using standards that weren’t in place when you first applied.

Were the Questions Clear?

In some cases, the application questions were vague. You may have read things differently than how the prosecutors claim you should have. This weakens their argument that you intentionally gave false info.

Did You Really Need the Money?

PPP loans are forgiven if you use them correctly. Your lawyers can say you truly needed the cash to make payroll and pay the bills. Even if your application had problems, you took the loans in good faith. This shows that while technical issues occurred, you didn’t mean to break the law.

Christine Twomey

2024-03-21

Just had my Divorce case settled 2 months ago after having a horrible experience with another firm. I couldn’t be happier with Claire Banks and Elizabeth Garvey with their outstanding professionalism in doing so with Spodek Law Group. Any time I needed questions answered they were always prompt in doing so with all my uncertainties after 30 yrs of marriage.I feel from the bottom of my heart you will NOT be disappointed with either one. Thanks a million.

Brendan huisman

2024-03-18

Alex Zhik contacted me almost immediately when I reached out to Spodek for a consultation and was able to effectively communicate the path forward/consequences of my legal issue. I immediately agreed to hire Alex for his services and did not regret my choice. He was able to cover my case in court (with 1 day notice) and not only was he able to push my case down, he carefully negotiated a dismissal of the charge altogether. I highly recommend Spodek, and more specifically, Alex Zhik for all of your legal issues. Thanks guys!

Guerline Menard

2024-03-18

Thanks again Spodek law firm, particularly Esq Claire Banks who stood right there with us up to the finish line. Attached photos taken right outside of the court building and the smile on our faces represented victory, a breath of fresh air and satisfaction. We are very happy that this is over and we can move on with our lives. Thanks Spodek law 🙏🏼🙏🏼🙏🏼🙏🏼🙌🏼❤️

Keisha Parris

2024-03-15

Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.

Taïko Beauty

2024-03-15

I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence. Thank you team!

Anthony Williams

2024-03-12

Hey, how you guys doing? Good afternoon my name is Anthony Williams I just want to give a great shout out to the team of. Spodek law group. It is such a honor to use them and to use their assistance through this whole case from start to finish. They did everything that they said they was gonna do and if it ever comes down to it, if I ever have to use them again, hands-down they will be the first law office at the top of my list, thank you guys so much. It was a pleasure having you guys by my side so if you guys ever need them, do not hesitate to pick up the phone and give them a call.

Loveth Okpedo

2024-03-12

Very professional, very transparent, over all a great experience

Bee L

2024-02-28

Amazing experience with Spodek! Very professional lawyers who take your case seriously. They treated me with respect, were always available, and answered any and all questions. They were able to help me very successfully and removed a huge stress. Highly recommend.

divesh patel

2024-02-24

I can't recommend Alex Zhik and Spodek Law Firm highly enough for their exceptional legal representation and personal mentorship. From the moment I engaged their services in October 2022, Alex took the time to understand my case thoroughly and provided guidance every step of the way. Alex's dedication to my case went above and beyond my expectations. His expertise, attention to detail, and commitment to achieving the best possible outcome were evident throughout the entire process. He took the time to mentor me, ensuring I understood the legal complexities involved to make informed decisions. Alex is the kind of guy you would want to have a beer with and has made a meaningful impact on me. I also want to acknowledge Todd Spodek, the leader of the firm, who played a crucial role in my case. His leadership and support bolstered the efforts of Alex, and his involvement highlighted the firm's commitment to excellence. Thanks to Alex Zhik and Todd Spodek, I achieved the outcome I desired, and I am incredibly grateful for their professionalism, expertise, and genuine care. If you're in need of legal representation, look no further than this outstanding team.

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Google rating score: 4.9 of 5, based on 736 reviews

How Exactly Did You Use the Money?

If accused of misusing funds, your attorneys gather paperwork showing you used them for allowed purposes. Detailed records contradict the government’s story.

Working Cooperatively with Prosecutors

In some situations, it pays to work with the authorities. Things like implementing compliance programs, returning disputed amounts, or providing helpful info about others involved. This shows you’ve taken responsibility and tried resolving things.

Don’t Make These Mistakes

When dealing with accusations, you want to avoid:

• Talking to investigators without your lawyer
• Failing to preserve electronic and paper records
• Making public statements admitting anything wrong
• Obstructing audits or the investigation

Experienced attorneys make sure you respond properly to subpoenas and build the strongest possible defense.

Find the Right Lawyer for the Job

Because PPP and EIDL programs are so complex, get a lawyer with specific experience in these cases. Look for someone who:

• Knows the lending rules inside and out
• Has relationships with prosecutors and regulators
• Has gotten charges dismissed or reduced before
• Can bring in financial experts and investigators
• Is skilled at finding weaknesses in the government’s case

The right Cleveland law firm has helped executives, companies, and individuals successfully fight back. They’ll build a defense tailored to your unique situation.

Be Proactive

Once an investigation starts, prosecutors usually come out swinging. Get experienced counsel working on your side early on. They can interact with authorities for you, present defenses, and hopefully avoid criminal charges altogether.

If you do get charged, skilled lawyers will exploit every avenue to get counts dismissed or penalties reduced. This requires legal arguments customized to the specifics of your case. While the allegations are serious, with the right defense strategy you can fight back.

Hope this gives you a better idea of how to respond if faced with accusations of PPP or EIDL fraud. Don’t go it alone – get specialized legal counsel on your side right away.