Va. U.S. Attorney: Manassas Businessman Agrees to Pay $1M to Settle Pandemic Fraud Allegations
October 18, 2024
October 18, 2024
ALEXANDRIA, Virginia, Oct. 18 -- The office of the U.S. Attorney for the Eastern District of Virginia issued the following news release:
The founder of a Manassas business has agreed to pay $1,000,000 to settle allegations that he falsified payroll amounts to obtain inflated loans on behalf of True Information Assurance, LLC, through the Small Business Administration's (SBA) Paycheck Protection Program (PPP).
The PPP offered loans to eligible small businesses for econom . . .
The founder of a Manassas business has agreed to pay $1,000,000 to settle allegations that he falsified payroll amounts to obtain inflated loans on behalf of True Information Assurance, LLC, through the Small Business Administration's (SBA) Paycheck Protection Program (PPP).
The PPP offered loans to eligible small businesses for econom . . .