Columbus PPP – EIDL Loan Fraud Lawyers

Columbus PPP – EIDL Loan Fraud Lawyers

The Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program was started by the federal government to help small businesses during the COVID-19 pandemic. But some business owners have been accused of misusing these loans or getting them fraudulently. If your business in Columbus, Ohio is being investigated for PPP or EIDL fraud, you need an experienced lawyer on your side.

What is PPP and EIDL Fraud?

PPP loans were meant to help businesses keep paying their employees during COVID shutdowns. The loans can be forgiven if used properly for payroll, rent, etc. EIDL loans were to help businesses cover operating costs. But authorities say some people lied on their applications or used the money for unauthorized purposes. Some common allegations include:

• Lying about number of employees or payroll costs to get bigger loans
• Using loans for personal costs instead of business costs
• Getting multiple loans for the same business
• Spending money after the covered period ends

Prosecutors are charging business owners with wire fraud, bank fraud, false statements, identity theft, and money laundering. Penalties can include huge fines and years in prison.

Why You Need an Attorney

These cases move fast. The Department of Justice wants convictions. They may threaten you with serious charges to get a guilty plea. An experienced federal defense lawyer can help in several ways:

• Negotiate with investigators to avoid charges or get dismissed
• Identify weaknesses in the government’s case
• Challenge improper searches or seizures
• Advise you of possible defenses
• Negotiate a favorable plea deal if needed
• Defend you at trial if charges are filed

Don’t go it alone against experienced federal prosecutors. Get advice from a lawyer who knows how to handle federal fraud cases.

Columbus Federal Defense Lawyers

The Joslyn Law Firm helps companies and executives facing federal charges in Columbus and nationwide. Their white collar crime lawyers have gotten charges reduced or dismissed for many clients. They dig deep into the details to build the strongest defense.

The attorneys at Luftman, Heck, and Associates have over 50 years combined experience defending federal cases. Their PPP fraud lawyers can answer all your questions during a free case review. They will stand by your side and fight to protect your rights.

Todd Spodek is a top-rated federal defense attorney ready to defend PPP fraud cases in Ohio. He is a tough aggressive lawyer who gets results. Don’t wait to call Todd for help.

Proving Your Innocence

The government has to prove you guilty beyond a reasonable doubt. Your lawyer’s job is making them meet that high burden. Strategies may include:

• Showing you used funds properly
• Proving errors were accidental, not intentional
• Arguing the law is unclear on allowed usage
• Getting evidence thrown out due to violations
• Presenting records that contradict government claims

An experienced attorney knows how to challenge the prosecution’s narrative. Don’t let them railroad you into a conviction. Fight back with a skilled lawyer on your side.

If you or your Columbus business is under investigation for PPP or EIDL fraud, time is of the essence. Call a respected fraud defense attorney right away before it’s too late. They will protect your rights and future.