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A Woodland Hills business must pay $1.5M in restitution after fraudulently obtaining COVID-19 relief loans by misrepresenting finances and jobs.
A Woodland Hills business has been ordered to pay over $1.5 million in restitution after being convicted of fraudulently obtaining COVID-19 relief loans.
The company misrepresented its financial situation and employment numbers to qualify for federal pandemic assistance, violating loan program rules.
The case highlights ongoing enforcement efforts against misuse of pandemic relief funds.
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Un negocio de Woodland Hills debe pagar $1.5M en restitución después de obtener de manera fraudulenta préstamos de alivio de COVID-19 al tergiversar finanzas y empleos.