The Department of Justice (DOJ) announced on September 12, the first-ever False Claims Act (FCA) settlement with a Paycheck Protection Program (PPP) lender. Prosperity Bank, a Texas-based regional bank, agreed to pay...more
9/22/2022
/ Banks ,
CARES Act ,
Civil Monetary Penalty ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Enforcement Actions ,
False Claims Act (FCA) ,
Federal Loans ,
Financial Institutions ,
Fraud and Abuse ,
Government Investigations ,
Lenders ,
Paycheck Protection Program (PPP) ,
Physicians ,
Settlement