PPP Loan Fraud By Individuals

At Stechschulte Nell, our board-certified criminal defense attorneys help those throughout the greater Tampa area who are facing criminal charges. With 15 years of experience and recognized as Rising Stars by Super Lawyers®, we offer trusted legal guidance when it comes to PPP loan fraud by individuals. If you’ve been accused of a PPP-related crime, contact us today to speak with a qualified attorney who will have your back.

Individual Applicants Are Facing Charges For PPP Loan Abuse

During the COVID-19 pandemic, the Paycheck Protection Program (PPP) offered vital financial relief to businesses in need of monetary support. But since the rollout of the program, federal investigations have found a significant number of fraudulent cases involving PPP loan fraud by individuals, rather than organized groups or large companies. These cases involve a single applicant who submitted false or made-up information to obtain funds they were not entitled to.

Federal agencies have investigated countless individual PPP loan fraud cases, where people falsely claimed to operate businesses, inflated payroll numbers, or submitted fake tax documentation to support their loan applications. Many cases show individuals using these funds to purchase personal items like luxury cars, fund vacations, or pay off personal debts—uses that clearly fall outside the program’s intended scope, which is to help companies with business expenses and payroll.

Since the pandemic, more and more people are facing PPP fraud charges, even if they were not fully aware of the criminality of their actions at the time, which is often the case if they acted alone without legal guidance or financial advisors. In many instances, these efforts to secure government relief have backfired, leading to criminal charges—many of which include serious accusations like wire fraud, bank fraud, or money laundering. For individuals under investigation or charged in connection with PPP loan fraud, having experienced legal representation on your side is not only helpful; it’s necessary to address these serious allegations, respond to subpoenas on your behalf, and defend against federal prosecution in court.

Our Results Speak For Themselves

We’ve been consistently successful at reducing criminal charges and saving our clients money. Just last year, we reduced a DUI charge to reckless driving with a minimal fine, we got a $1 million bond cut in half, and we helped a client get out of jail in time to keep his job. Our clients praise our deep dedication and commitment to their cases, saying, “This firm is absolutely amazing…. I can’t begin to say how [grateful] we are. Darcy and Ben know what they are doing!” Another client said, “Ben … was thorough, insightful, patient and very kind. It is nice to see a law firm that cares deeply about their clients!”

We work hard to take care of our clients. No matter the criminal charge you’re facing—DUI, assault, battery, fraud, or another matter—we’re here to offer invaluable legal guidance and trusted, compassionate support throughout the entire process.

Let Us Help With Your Case

If you’ve been accused of PPP loan fraud by individuals, let Stechschulte Nell help. We’ll review your case and discuss your options in detail, aiming for the best possible resolution. Reach out to us today for a free consultation.