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WEDNESDAY, JUNE 18, 2025
US has charged 57 people in PPP fraud cases - Justice Department

World+Biz

Reuters
10 September, 2020, 09:10 pm
Last modified: 10 September, 2020, 09:11 pm

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US has charged 57 people in PPP fraud cases - Justice Department

Acting Assistant Attorney General Brian Rabbitt said coordinated criminal rings have worked to defraud the program

Reuters
10 September, 2020, 09:10 pm
Last modified: 10 September, 2020, 09:11 pm
An US flag waves in the wind on a boat near the Statue of Liberty in New York August 31, 2011. REUTERS/Lucas Jackson
An US flag waves in the wind on a boat near the Statue of Liberty in New York August 31, 2011. REUTERS/Lucas Jackson

The Justice Department has charged 57 people since May with trying to steal more than $175 million from the Paycheck Protection Program designed to help Americans during the coronavirus pandemic, a department official said on Thursday.

Acting Assistant Attorney General Brian Rabbitt said coordinated criminal rings have worked to defraud the program.

"The involvement of these rings isn't surprising, but it is particularly troubling to us here at the department, we will be focusing on these types of cases, going forward," he said at a news conference.

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