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PPP LOAN FRAUD SENTENCING
PPP LOAN FRAUD SENTENCING is based on the Federal Sentencing Guidelines. In any federal fraud case, sentences are based on the "intended loss." That means that if you applied for a $1million loan but didn't receive it, you intended to take $1million from the bank and could be sentenced based on that loan amount. If you committed loan fraud and received a smaller amount like $10,000 or $20,000, there is a good chance that you won't be sentenced to prison but you might be convicted of a federal felony. The larger the loan amount, the longer the sentence.
I CANNOT ANSWER GENERAL PPP LOAN QUESTIONS. Please only call if you have been charged with fraud, you are under investigation or if your accounts have been frozen. Thank you. 🙏🏻
Law Office of Diane C. Bass
A Professional Law Corporation
5440 Trabuco Road
Irvine, California 92620