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U.S. Attorney’s Office Reaches $7.9M in Settlements Connected to PPP Fraud Enforcement Initiative

COLUMBIA, S.C. — United States Attorney Bryan P. Stirling announced today that the District of South Carolina entered multiple settlements with defendants for more than $7.9 million, resolving allegations that various companies violated the False Claims Act by providing false information to obtain over $5 million in Paycheck Protection Program (PPP) loans for which they were not eligible.

Source: U.S. Department of Justice

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