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Financial Misconduct

Whistleblower Case Results in $1.5 Million Settlement Over PPP Loan Misuse

Whistleblower Case Results in $1.5 Million Settlement Over PPP Loan Misuse

A Pennsylvania Small Business Investment Company and its affiliates have agreed to a $1.5 million settlement after allegations of improper use of Paycheck Protection Program loans, highlighting the importance of whistleblowers in safeguarding public funds.

June 12, 2025
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