Long Beach PPP – EIDL Loan Fraud Lawyers

Long Beach PPP – EIDL Loan Fraud Lawyers

The COVID-19 pandemic brought unprecedented government assistance to struggling businesses and employees. The Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program distributed hundreds of billions in aid. However, amid the rush to provide relief, fraudsters took advantage of the programs.

Now, federal prosecutors are cracking down on PPP and EIDL fraud with criminal charges. If you’re under investigation or have been charged in Southern California, you need an experienced defense attorney. The Justice Department is aggressively pursuing pandemic fraud cases with coordinated strike forces.

Common Types of PPP and EIDL Fraud

Some of the most common COVID relief frauds include:

• Applying for PPP or EIDL loans for fake, shell, or non-existent businesses
• Using stolen or fake identities to apply for loans or loan forgiveness
• Lying on applications about business revenues, payroll, or number of employees
• Using loan proceeds for unauthorized personal purchases instead of approved business expenses
• Money laundering of loan proceeds
• Falsifying documents and bank records to conceal fraud

These acts can lead to federal charges for wire fraud, bank fraud, identity theft, money laundering, and making false statements. Defendants face steep fines and years in prison if convicted.

Federal Investigations and Charges in Southern California

Federal agencies are coordinating major investigations into pandemic fraud across the country. In Southern California, the U.S. Attorney’s Office for the Southern District of Florida is leading a COVID-19 Fraud Strike Force Team targeting the region.

Recent cases include:

Christine Twomey

2024-03-21

Just had my Divorce case settled 2 months ago after having a horrible experience with another firm. I couldn’t be happier with Claire Banks and Elizabeth Garvey with their outstanding professionalism in doing so with Spodek Law Group. Any time I needed questions answered they were always prompt in doing so with all my uncertainties after 30 yrs of marriage.I feel from the bottom of my heart you will NOT be disappointed with either one. Thanks a million.

Brendan huisman

2024-03-18

Alex Zhik contacted me almost immediately when I reached out to Spodek for a consultation and was able to effectively communicate the path forward/consequences of my legal issue. I immediately agreed to hire Alex for his services and did not regret my choice. He was able to cover my case in court (with 1 day notice) and not only was he able to push my case down, he carefully negotiated a dismissal of the charge altogether. I highly recommend Spodek, and more specifically, Alex Zhik for all of your legal issues. Thanks guys!

Guerline Menard

2024-03-18

Thanks again Spodek law firm, particularly Esq Claire Banks who stood right there with us up to the finish line. Attached photos taken right outside of the court building and the smile on our faces represented victory, a breath of fresh air and satisfaction. We are very happy that this is over and we can move on with our lives. Thanks Spodek law 🙏🏼🙏🏼🙏🏼🙏🏼🙌🏼❤️

Keisha Parris

2024-03-15

Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.

Taïko Beauty

2024-03-15

I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence. Thank you team!

Anthony Williams

2024-03-12

Hey, how you guys doing? Good afternoon my name is Anthony Williams I just want to give a great shout out to the team of. Spodek law group. It is such a honor to use them and to use their assistance through this whole case from start to finish. They did everything that they said they was gonna do and if it ever comes down to it, if I ever have to use them again, hands-down they will be the first law office at the top of my list, thank you guys so much. It was a pleasure having you guys by my side so if you guys ever need them, do not hesitate to pick up the phone and give them a call.

Loveth Okpedo

2024-03-12

Very professional, very transparent, over all a great experience

Bee L

2024-02-28

Amazing experience with Spodek! Very professional lawyers who take your case seriously. They treated me with respect, were always available, and answered any and all questions. They were able to help me very successfully and removed a huge stress. Highly recommend.

divesh patel

2024-02-24

I can't recommend Alex Zhik and Spodek Law Firm highly enough for their exceptional legal representation and personal mentorship. From the moment I engaged their services in October 2022, Alex took the time to understand my case thoroughly and provided guidance every step of the way. Alex's dedication to my case went above and beyond my expectations. His expertise, attention to detail, and commitment to achieving the best possible outcome were evident throughout the entire process. He took the time to mentor me, ensuring I understood the legal complexities involved to make informed decisions. Alex is the kind of guy you would want to have a beer with and has made a meaningful impact on me. I also want to acknowledge Todd Spodek, the leader of the firm, who played a crucial role in my case. His leadership and support bolstered the efforts of Alex, and his involvement highlighted the firm's commitment to excellence. Thanks to Alex Zhik and Todd Spodek, I achieved the outcome I desired, and I am incredibly grateful for their professionalism, expertise, and genuine care. If you're in need of legal representation, look no further than this outstanding team.

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Google rating score: 4.9 of 5, based on 736 reviews

• A Bal Harbour man charged with wire fraud for allegedly obtaining over $900,000 in PPP and EIDL loans using falsified documents for three companies he controlled.
• A Hallandale Beach man pled guilty to wire fraud and money laundering for a $495,822 PPP loan obtained through false statements.
• A group of eight California defendants charged with seeking $21 million in fraudulent loans and laundering proceeds to purchase luxury items.

These are just a few examples of the pandemic fraud prosecutions underway. Investigators are scouring loan databases and financial records for signs of fraud. If you are contacted or your business records are subpoenaed, you need to consult an attorney immediately.

Skilled Legal Defense for PPP and EIDL Investigations

The government has spent enormous resources investigating pandemic fraud across the country. However, these cases can be complex with nuances in the applications and forgiveness processes. An experienced attorney can analyze the evidence and build an effective defense.

At our firm, we have successfully defended clients against financial and fraud allegations in state and federal courts. Our lead attorney is a former prosecutor familiar with the government’s approach. We dig deep into the details and take an aggressive stance in negotiations and litigation.

If you are being investigated or charged with PPP, EIDL, or other COVID relief fraud, we can help. Call for a free case review. Don’t wait as the government is moving swiftly in these cases.

Fighting Fraud Allegations in Long Beach

Our Long Beach office serves clients facing fraud investigations and charges across Southern California. We represent individuals and businesses accused of:

• PPP loan fraud
• EIDL fraud
• SBA loan fraud
• Mortgage fraud
• Real estate fraud
• Identity theft
• Embezzlement
• Tax fraud
• Healthcare fraud
• Insurance fraud

Our skilled lawyers conduct independent investigations, negotiate with prosecutors, and take cases to trial when necessary. If you are under scrutiny in Long Beach or the surrounding region, we can help protect your interests.

Don’t wait to seek legal counsel if you are contacted about an investigation or charged with fraud. The earlier we get involved, the better positioned we are to build a defense. Call or email now for a free consultation.