Have you recently received a PPP loan criminal target letter from the Department of Justice, Internal Revenue Service, or United States Attorney's Office? Or have you or a loved one been charged with PPP Loan Fraud in Rhode Island by a grand jury indictment? Attorney Kensley Barrett leads the Marin, Barrett, and Murphy Law Firm's team of Rhode Island Federal Criminal Defense Attorneys, providing skilled and experienced federal criminal defense legal representation on PPP Loan Fraud charges in Rhode Island. Our Firm is already representing clients charged with similar federal fraud offenses and has the legal expertise to help you navigate extremely serious federal criminal charges. Speak with Attorney Kensley Barrett, who heads our team of Rhode Island federal criminal defense attorneys handling PPP Loan Fraud charges in Rhode Island 24/7 at 401-228-8271.
⚖️ Federal PPP Fraud Charges Avoided – Client Receives Pre-Trial Diversion
📅 Date: November 2024
🧑⚖️ Attorneys: Stefanie Murphy and Kensley Barrett
Our client was under federal investigation for alleged Paycheck Protection Program (PPP) loan fraud involving two separate loan applications. Federal agents conducted a search at her residence, leading to significant stress and uncertainty.
Facing potential federal charges, substantial fines, and imprisonment, our client sought the expertise of Marin, Barrett, and Murphy Law Firm.
Attorneys Murphy and Barrett took swift action, thoroughly reviewing the case and engaging directly with the United States Attorney's Office and federal investigators.
By building a strong defense and negotiating effectively, they secured a Pre-Trial Diversion (PTD) agreement for the client, allowing her to avoid formal charges and the long-term consequences of a criminal record.
🚀 Key Victories:
- ❌ Formal Federal Charges Avoided
- ✅ Pre-Trial Diversion Agreement Secured
- 🚫 No Criminal Record
- ⏳ Second Chance Through PTD
⚖️ Facing Federal Investigation for PPP Fraud?
If you are under federal investigation for PPP fraud or any federal offense, you need skilled legal representation.
Contact the Marin, Barrett, and Murphy Law Firm today for a confidential consultation.
📞 Call 24/7: 401-228-8271
Given the severe penalties and complexities involved in cases of PPP Loan Fraud, it is crucial to hire an experienced criminal defense attorney as soon as possible. The legal landscape surrounding federal charges is intricate, and having a seasoned attorney can make a significant difference in the outcome of your case. At Marin, Barrett, and Murphy Law Firm, our team of Rhode Island Federal Criminal Defense Attorneys is well-equipped to defend you against PPP fraud charges, ensuring your rights are protected throughout the legal process. Don't face these serious federal charges alone—speak with one of our Rhode Island federal criminal defense attorneys 24/7 at 401-228-8271.
What is PPP Loan Fraud?
PPP Loan Fraud occurs when individuals or businesses intentionally misrepresent information to qualify for the Paycheck Protection Program loan. Common forms of PPP Loan Fraud include:
- Falsifying Eligibility: Claiming the loan for periods when the business did not meet the eligibility criteria.
- Inflating Payroll Costs: Overstating employee wages or the number of employees to increase the loan amount.
- Misuse of Funds: Using the loan proceeds for non-qualifying expenses.
- Duplicate Claims: Submitting claims for the same employees under multiple programs or entities.
Federal Charges for PPP Loan Fraud in Rhode Island
Federal charges of PPP Loan Fraud are prosecuted under various statutes, including wire fraud, bank fraud, and making false statements to financial institutions. Penalties for these charges can include:
- Imprisonment: Up to 30 years for each offense.
- Fines: Substantial financial penalties.
- Restitution: Repayment of fraudulently obtained loans.
The U.S. Attorney's Office in Rhode Island, along with the Department of Justice and the IRS, are actively investigating and prosecuting PPP Loan Fraud cases. If you are under investigation or facing charges, it is crucial to act quickly and secure experienced legal representation.
Defense Strategies for PPP Loan Fraud
Defending against PPP Loan Fraud allegations requires a comprehensive understanding of both federal criminal law and the specifics of the PPP program. Key defense strategies may include:
- Good Faith Compliance: Demonstrating that the business made a good faith effort to comply with the PPP guidelines, supported by thorough documentation.
- Lack of Intent: Arguing that any discrepancies in the PPP loan application were unintentional and not fraudulent.
- Adequate Documentation: Providing accurate records to substantiate the eligibility and amounts claimed.
- Legal Interpretations: Highlighting ambiguities in the PPP guidelines that may have led to unintentional errors.
Why You Need a Rhode Island PPP Loan Fraud Defense Lawyer
PPP Loan Fraud cases are complex and carry severe penalties. An experienced Rhode Island PPP Loan Fraud defense lawyer can:
- Analyze Your Case: Assess the strengths and weaknesses of the allegations.
- Develop a Defense Strategy: Craft a tailored defense strategy based on the specifics of your case.
- Negotiate with Authorities: Work with federal and state authorities to potentially reduce charges or penalties.
- Represent You in Court: Provide robust representation if your case goes to trial.
Contact the Marin, Barrett, and Murphy Law Firm
If you are under investigation or facing charges brought by the United States Attorney, the Internal Revenue Service, or the Department of Justice related to PPP Loan Fraud in Rhode Island, contact our law office today for a confidential consultation. The seasoned federal defense attorneys at the Marin, Barrett, and Murphy Law Firm will meet with you to confidentially discuss the details of your case and explore any legal or constitutional defenses available. Contact us today at 401-228-8271 for a no-obligation Federal PPP Loan Fraud defense strategy session.
