At Edward Johnson & Associates, we know what it means to have the federal government coming after you. When prosecutors accuse someone of PPP loan fraud, they are not playing around. The stakes are high. The government is looking for convictions, and they will use every tool they have to put you in prison. If you’ve been accused, you need a fighter in your corner who knows how to hit back hard and smart.
PPP loan fraud cases are typically brought under federal statutes like 18 U.S.C. § 1343 (Wire Fraud), 18 U.S.C. § 1014 (False Statements To A Financial Institution), and 18 U.S.C. § 1349 (Conspiracy To Commit Fraud). In Illinois, these cases often start with a federal investigation involving the FBI, SBA Office of Inspector General, IRS, and U.S. Attorney’s Office. Agents will dig through your loan application, bank records, payroll documents, and tax filings looking for inconsistencies they can call fraudulent.
If the case involves drug proceeds being tied to PPP loan misuse, prosecutors may also look at federal drug trafficking laws under 21 U.S.C. § 841 and Illinois Controlled Substances Act 720 ILCS 570/, arguing that funds were obtained or laundered using illegal drug money. These are serious charges that can stack penalties and put you away for decades.
From the minute you know you’re under investigation, you have to assume every word you say, every document you touch, is being scrutinized. Agents will try to get you talking without a lawyer present. Don’t give them that chance. We step in immediately to shut down fishing expeditions, challenge unlawful searches, and stop overreach.
We are relentless in tearing apart the government’s case. We attack their evidence, expose sloppy investigations, and show when so-called fraud is nothing more than mistakes, accounting errors, or misinterpretations of a chaotic relief program. If the case goes to trial, we fight like hell in front of a jury. If a strategic negotiation will keep you out of prison, we know when to make that move. Our job is to outthink the prosecution and give you the best possible outcome.
Frequently Asked Questions About PPP Loan Fraud Charges
What Are The Penalties For PPP Loan Fraud?
Federal penalties can include up to 30 years in prison for wire fraud or bank fraud charges under 18 U.S.C. § 1343 and § 1014. Fines can reach $1,000,000. If drug trafficking or money laundering is involved, penalties increase significantly under 21 U.S.C. § 841 and 18 U.S.C. § 1956.
What Should I Do If I’m Contacted By Federal Agents About PPP Loans?
Do not talk to agents without a lawyer. Anything you say will be twisted against you. Tell them you are invoking your right to counsel and contact us immediately. Early intervention can change the entire trajectory of a case.
Can The Government Freeze My Bank Accounts During An Investigation?
Yes. Prosecutors can move to seize or freeze funds they believe were obtained fraudulently under federal forfeiture laws (18 U.S.C. § 981). We fight aggressively to challenge these actions and protect your access to resources for your defense.
How Long Do Investigations Last Before Charges Are Filed?
Federal fraud investigations can take months or years. Agents often gather evidence quietly before making an arrest. If you suspect you’re under scrutiny, you need a defense team now, not after you’re indicted.
What Defenses Are Available Against PPP Loan Fraud Allegations?
We focus on proving lack of intent to defraud, legitimate business expenses, errors caused by unclear federal guidance, and violations of your constitutional rights during investigation. Each case is unique, and we build a tailored defense strategy to dismantle the government’s accusations.
Can PPP Loan Fraud Allegations Lead To Drug Crime Charges?
Yes. If prosecutors believe PPP funds were obtained or used in connection with drug distribution, they can add drug trafficking charges under federal law and Illinois Controlled Substances Act 720 ILCS 570. This drastically raises sentencing exposure, making experienced legal defense critical.
Call Edward Johnson & Associates To Fight Your PPP Loan Fraud Charges
Federal PPP loan fraud charges are not just paperwork errors—they are cases that can put you in prison for years. You need an attorney who fights with precision, force, and strategy. At Edward Johnson & Associates, we know how to take on federal prosecutors and win.
Contact our Chicago criminal defense lawyer at Edward Johnson & Associates P.C. by calling 708-762-8666 to receive your free consultation. We defend clients in Chicago and throughout the entire Chicagoland metro against federal investigations and criminal charges. When your freedom is on the line, you need bulldogs in your corner.