Usman Mohammad was quoted in a recent Bloomberg Tax article entitled “High-Dollar Pandemic Fraud Offers Lessons for Next Relief Bill,” published February 9, 2021. The article discusses the challenges law enforcement has had in tackling fraud in the Paycheck Protection Program (PPP) that was established to provide financial relief to businesses impacted by the COVID-19 pandemic.
The article notes:
The number of fraud cases will probably go up over time because the government is likely to get new information about recipients, said Usman Mohammad, counsel at Kostelanetz & Fink LLP whose practice areas include tax controversy and federal criminal litigation. He pointed to potential information from loan forgiveness applications, suspicious activity reports from banks, and whistleblower activity.
Click here to read the full article