Criminal Defense Lawyers

Federal Baltimore Ppp And Eidl Loan Fraud Lawyers

Federal Baltimore PPP and EIDL Loan Fraud Lawyers

The Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL)

Are you facing accusations of Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) fraud?

These were government relief programs meant to help businesses struggling during the COVID-19 pandemic. The PPP loans provided were meant to help small businesses keep their workers employed. As long as the money was used for approved expenses like payroll, rent, and utilities – the loans were meant to be forgiven; essentially PPP loans became grants.

The EIDL loan program however offered low-interest loans to cover operating expenses and working capital for small businesses and non-profits impacted by the pandemic. Both of these amazing programs were lifelines for many businesses that were potentially going to be shut down in the chaos of 2020. Many people are now being investigated for alleged fraud. If you think you’re being investigated, or will be investigated, then we can help you. 

PPP and EIDL Fraud Lawyers

These relief funds were meant to keep businesses afloat, and employees kept on the payroll; during an unprecedented crisis.

Spodek Law Group, P.C. - NYC Criminal Attorneys

5.0

Based on 745 reviews

George Fernandez

14:16 30 Apr 24

Excellent 10 out of 10, Helped resolve my case. Jeremy explained everything and made everything easy to understand.

Raj

21:33 24 Apr 24

If you are looking for a lawyer that listens, is aggressive where needed, and holds his word above all else, Todd is the best pick. I had hired multiple attorneys prior to hiring the Spodek Group for a white collar case. The first thing that stood out to me was the cost, as anyone going through the process and dealing with the system, money was tight at that time - especially after hiring and firing multiple lawyers. The cost was not as high as others which was definitely a plus. Todd's intake process was also unlike other attorneys. He took the time to actually listen. He cared. He was trying to put himself in my shoes while I was explaining the situation to him and he really took the time to understand the whole situation. Other lawyers will give you 15 mins and send you a retainer agreement. Not Todd, I think he spent almost two hours with me as I was explaining everything.Not only was he great during the onboarding process, he was supportive and very informative through the entire plea process and eventually sentencing. After hiring him, I asked if I should hire a prison consultant, he told me to save my money as he would do everything they would. He was right and held up to his word. Later on I would hear from others that went with the prison consultants that they were a waste of money - I am glad I listened to Todd!When it came time for sentencing, two days prior to sentencing, the prosecutor tried increasing my proposed prison time by almost double - apparently a normal move. Todd and his team worked with me non-stop through the weekend prior to sentencing to ensure that I was not given additional prison time. Again, he took the time to listen and came up with a strategy to explain the case with great detail.Unfortunately, I did plead guilty as that was my best option. Todd and his whole team wrote up nearly 300 pages of a summary of what happened and why I should not be given prison time. If I breakdown the amount I spent with Todd versus the amount of work that I saw being done, I am shocked I was not charged four times as much. The other benefit was, a lot of criminal defense lawyers were just a single attorney with a paralegal or two. Todd had a team of people that I dealt with (5-7 people that I interacted with), but he was ALWAYS accessible. It would never take him more than an hour to reply unless he was in court.I was sentenced to prison and I was emotionally distraught. Todd and his team did whatever they could even after sentencing to make sure I was alright. He personally stayed in touch with my family to ensure I was doing alright and offered support to them. Most lawyers would consider the job complete at sentencing, not Todd.After prison, Todd still spent time with me to make sure I was on the right track and avoiding any potential risks in the future. He has also been giving advice on how to navigate probation etc and has not been looking at the clock for billing.Although I wish I had never been arrested in the first place, I am glad I had Todd and his team in my corner. Without them I likely would have had to spend a lot more time in prison than I did.Thank you, Todd, and the entire Spodek Law team, for helping turn what was a nightmare into a manageable situation!

Yelva Saint-Preux

19:26 19 Apr 24

I am immensely grateful to the entire team at Spodek Law Group for their unwavering dedication and exceptional expertise throughout my case. From our initial consultation to the final resolution, their professionalism and tireless advocacy made all the difference. Their strategic approach and attention to detail instilled confidence in me every step of the way.Thanks to their hard work and commitment, we achieved a truly favorable outcome that exceeded my expectations. Not only did they navigate the complexities of my case with precision, but they also provided invaluable support and guidance during what was undoubtedly a challenging time. I cannot recommend Spodek Law Group highly enough, especially attorneys Todd Spodek and Claire Banks; they are beacons of excellence in the legal profession.YSP.

Katherine Sun

18:08 18 Apr 24

my lawyer is Alex Zhik. Efficient, patient and professional

Nun ya

17:48 18 Apr 24

Todd, Ralph and Alex are amazing. Helped my husband get from a double digit number with multiple charges to a single digit, by the time I blink he will be out. They very professional and help with all your needs. They dealt with my anxiety and worry very well and they understand that your family member needs to get home as soon as possible.

Keisha Parris

20:45 15 Mar 24

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

16:26 15 Mar 24

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!

K Mar

01:37 25 Jan 24

I recently had Spodek Law Group represent me for a legal matter in NYC and I am thoroughly impressed with their services.Alex Zhik secured the best possible outcome for my case.It was a seamless journey from the initial consultation to the resolution of my legal matter. From the moment I spoke to Todd about my case, his enthusiasm to help was evident, setting a positive tone for the entire experience. The efficiency and professionalism displayed by the team is commendable.A particularly noteworthy aspect of their service is their user-friendly portal to upload your documents/evidence. This not only simplified the process, but showcases their commitment to streamline the client experience.Lastly, in an industry where legal fees can often be a concern, I found their pricing to be very reasonable, making needing legal assistance feel accessible and stress-free.I am grateful for their support and wouldn't hesitate to turn to them again in the future.

Common forms of PPP and EIDL fraud included:

• Lying on your Applications – Providing fake info about employee numbers, payroll costs, revenues etc. to get bigger loans
• Misusing Funds – Using the money for unapproved things like buying luxury items or paying off old debts
• Identity Theft – Stealing identities to apply for multiple loans under different business names
• Fake Businesses – Creating shell companies that didn’t actually operate to score relief funds

The Consequences of PPP/EIDL Fraud Are No Joke

If you got caught misusing these relief funds, you could face a wide array of potential criminal charges. We’re talking federal charges that can land you some serious prison time and fines. The main laws used to prosecute PPP/EIDL fraud include, but are not limited to:

• Bank Fraud
• Wire Fraud
• Money Laundering
• Making False Statements
• Theft of Government Funds

Without mincing words – the penalties are no joke. For example, bank fraud carries up to 30 years in federal prison and massive fines. Money laundering? That’s up to 20 years behind bars. In addition, it’s safe to say the government will try to get back any funds you fraudulently obtained through asset seizure and forfeiture. This means you can lose assets like your house, cars, bank accounts. In situations like this, hiring the best PPP loan fraud lawyer is necessary. 

Why Hire a PPP/EIDL Fraud Lawyer?

If you broke the rules, they’re coming for you hard. That’s why you absolutely need an experienced federal criminal defense attorney in your corner if you’re being investigated or charged with PPP/EIDL fraud. These are extremely complex cases, and because of that you need a lawyer who:

• Understands all the nuances of federal fraud laws and COVID-relief programs
• Has handled high-stakes white-collar cases against aggressive federal prosecutors
• Can navigate the complicated procedures of the federal court system
• Knows how to create a strong defense strategy for your specific situation

How Can a PPP/EIDL Fraud Lawyer Help You?

An experienced PPP/EIDL fraud attorney can make a huge difference in how your case plays out. Here are some major ways an experienced PPP loan fraud criminal defense attorney can help:

Intervene Early and Mitigate Damage

If you get a target letter, or some other indicator of an investigation before charges are filed, your criminal defense attorney can proactively reach out to federal agents and prosecutors. Sometimes its possible to resolve criminal issues informally or at least position you for more favorable charging decisions.

Analyze the Evidence and Poke Holes

The PPP Loan fraud attorneys at Spodek Law Group will comb through all the evidence against you – bank records, emails, witness statements etc. We will look for weaknesses, contradictions and constitutional violations that can be exploited.

Craft a Robust Defense Strategy

There are many potential defenses for PPP/EIDL fraud. For example, lack of criminal intent, entrapment, prosecutorial misconduct and more. Our attorneys will build the strongest possible defense using all available angles.

Leverage Connections and Negotiate

Our federal lawyers have relationships with prosecutors and insight into their strategies. They can use this to potentially get charges reduced or dismissed through strategic negotiations.

Represent You at Trial

If your case goes to trial, you want a litigator who can understand, and dismantle, the government’s case and fight hard to secure an acquittal or minimal jail time.

The bottom line is having the right legal representation can mean the difference between a slap on the wrist and a decades-long prison sentence. Don’t roll the dice with your future.

How to Choose the Best PPP/EIDL Fraud Lawyer

With so much at stake, you can’t just hire the first federal criminal defense lawyer you come across. You need to do your homework and find an attorney with the right credentials and experience.Here are some tips for choosing a top-notch PPP/EIDL fraud lawyer:

Focus on Federal Courtroom Experience
State court is totally different than the federal system. You want an attorney who has extensive experience handling complex fraud cases specifically in federal courts.

Check Their Track Record
Review the lawyer’s bio and case results. Have they successfully defended clients against similar charges? Our PPP loan fraud lawyers have experience handling complex cases nationwide. 

Look for Specializations
Ideally, you want a lawyer who specializes in areas like white-collar crime, federal fraud, and COVID-relief programs. This focused expertise is invaluable, especially when you’re facing a wide array of federal charges. Another thing to consider is whether the firm has resources or not. Many firms do not have the staff, or financial backing, to craft a strong criminal defense. Another thing to consider is the online reviews of the law firm you’re hiring. It’s important they have credibility, and 5 star reviews. 

If you’re ready to get started, we encourage you to schedule a consultation with our PPP loan fraud attorneys. These cases are serious, and you need the best possible PPP loan fraud attorney to help you.

Possible Defenses for PPP and EIDL Fraud Cases

There’s a number of potential defenses you can take, when hiring an experienced criminal attorney. Here are some potential defenses to PPP fraud.

Lack of criminal intent: For many fraud charges, the government has to prove you knowingly and intentionally broke the law. If you genuinely misunderstood the rules or made careless mistakes, that could remove the criminal intent component.

Entrapment: If you were induced or coerced into committing a crime by a federal agent, that could result in a legal defense known as entrapment – a solid defense against charges.

Prosecutorial Misconduct: Prosecutors have to play by the rules too. If they violate your constitutional rights or engage in other misconduct, our criminal attorneys can get evidence suppressed or the case dismissed.

Advice of Counsel Defense: Did you rely on guidance from a tax professional, lawyer or other expert when applying for PPP/EIDL funds? If so, you may be able to argue you had no malicious intent and you were simply given bad advice. 

Constitutional Violations: The government can’t just trample all over your 4th, 5th and 6th Amendment rights during their investigation. Our attorneys can challenge unconstitutional actions.There are also more defenses related to specific charges like materiality requirements for false statements, jurisdictional issues for wire fraud and more.

Bottom line: our experienced PPP and EIDL loan fraud lawyers will look at every possible avenue to destroy the government’s case, and position you for the best possible outcome.