Friendship only goes so far, at least in the case of the Los Angeles Dodgers’ baseball superstar Shohei Ohtani (“Ohtani”), and his former interpreter and de facto personal manger, Ippei Mizuhara (“Mizuhara”). On April 11,...more
The Paycheck Protection Program (“PPP”) emerged as a lifeline for small businesses grappling with the unprecedented challenges of the COVID-19 pandemic. Lenders navigated a landscape of regulations that Congress quickly...more
12/29/2023
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Enforcement ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
FinTech ,
Fraud ,
Good Faith ,
Liability ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Popular ,
SBA ,
Securities and Exchange Commission (SEC) ,
Small Business ,
Suspicious Activity Reports (SARs)
After dozens of high-profile criminal prosecutions and a growing wave of civil investigations, the Department of Justice’s (“DOJ”) Covid-19 Fraud Enforcement Strike Force is poised to continue its pursuit of fraud, abuse, and...more
11/1/2023
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Enforcement Strike Teams ,
Fraud ,
Government Investigations ,
Paycheck Protection Program (PPP) ,
Popular ,
Relief Measures ,
SBA