{"id":6389,"date":"2022-10-18T10:20:32","date_gmt":"2022-10-18T14:20:32","guid":{"rendered":"https:\/\/www.khflaw.com\/news\/?p=6389"},"modified":"2022-10-18T14:39:18","modified_gmt":"2022-10-18T18:39:18","slug":"the-great-pandemic-heist-attorneys-role-in-fighting-ppp-loan-fraud","status":"publish","type":"post","link":"https:\/\/www.khflaw.com\/news\/the-great-pandemic-heist-attorneys-role-in-fighting-ppp-loan-fraud\/","title":{"rendered":"Legal Intelligencer: The Great Pandemic Heist: Attorneys\u2019 Role in Fighting PPP Loan Fraud"},"content":{"rendered":"

In the October 13, 2022 edition of The Legal Intelligencer<\/a>, Edward T. Kang wrote \u201cThe Great Pandemic Heist: Attorneys\u2019 Role in Fighting PPP Loan Fraud<\/a>\u201d<\/p>\n

In the COVID-19 era, there has been a heist of great value, but it has not gone undetected. Prosecutors have called the heist the largest fraud in U.S. history, with the thieves stealing hundreds of billions of dollars in taxpayer money through fraudulently obtained Paycheck Protection Program (PPP) loans.<\/p>\n

The \u201cgood\u201d thieves are able to abscond with tremendously valuable items while remaining undetected. They take care to cover their tracks, to make sure any witnesses are silenced, and to financially clean the ill-gotten goods as quickly as possible. In the COVID-19 era, there has been a heist of great value, but it has not gone undetected. Prosecutors have called the heist the largest fraud in U.S. history, with the thieves stealing hundreds of billions of dollars in taxpayer money through fraudulently obtained Paycheck Protection Program (PPP) loans. The thieves\u2019 plan to line their pockets was fairly simple: steal the money that the government was doling out to help buoy the economy during the throes of the pandemic. They took advantage of the government\u2019s urgent loan dispersal to those who required immediate help. But the thieves could not resist showing off their looted wealth. They began purchasing flashy and expensive Lamborghinis, beautiful beachfront houses, and spending large amounts in cash. The careless and reckless nature of the heist has proven to be its undoing, and now the U.S. government is coming to take back what was stolen\u2014although they are not acting alone.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

In the October 13, 2022 edition of The Legal Intelligencer, Edward T. Kang wrote \u201cThe Great Pandemic Heist: Attorneys\u2019 Role in Fighting PPP Loan Fraud\u201d In the COVID-19 era, there has been a heist of great value, but it has not gone undetected. Prosecutors have called the heist the largest fraud in U.S. history, with […]<\/p>\n","protected":false},"author":12,"featured_media":6390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[480,414,500],"tags":[843],"coauthors":[535],"class_list":["post-6389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-litigation-and-dispute-resolution","category-publications","category-whistleblower-actions","tag-ppp","publication_lawyer-edward-t-kang","representative_cases_feed-whistleblower-actions"],"yoast_head":"\nLegal Intelligencer: The Great Pandemic Heist: Attorneys\u2019 Role in Fighting PPP Loan Fraud — Kang Haggerty News — October 18, 2022<\/title>\n<meta name=\"description\" content=\"In the October 13, 2022 edition of The Legal Intelligencer, Edward T. Kang wrote \u201cThe Great Pandemic Heist: Attorneys\u2019 Role in Fighting PPP Loan Fraud\u201d In — October 18, 2022\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.khflaw.com\/news\/the-great-pandemic-heist-attorneys-role-in-fighting-ppp-loan-fraud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal Intelligencer: The Great Pandemic Heist: Attorneys\u2019 Role in Fighting PPP Loan Fraud — Kang Haggerty News — October 18, 2022\" \/>\n<meta property=\"og:description\" content=\"In the October 13, 2022 edition of The Legal Intelligencer, Edward T. 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