PPP Loans For Startups/Growth Companies—Former Attorney General’s Perspective—Lessons From Hurricane Sandy & 9/11 [Forbes]
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Source: Forbes
ByEd Zimmerman,Chris PorrinoElie HonigKathleen McGeeKim LomotLowell Citron(see “About the Authors” at end“If the money doesn’t come out fast enough, the politicians will be criticized.”Chris Porrino, formerly 60th Attorney General of New JerseyThe U.S. government has been rapidly pushing[1][2][3]Understanding how this scenario will play out informs how loan applicants should approach PPP loans. Several of us are former senior law enforcement officials who led investigations and prosecutions of the fraud cases that arose from relief funding in the wake of Hurricane Sandy (2012) and 9/11, and we see commonalities and differences between those past relief efforts and today’s PPP loans.Today In:Enterprise & Section 7(A) Loans - A Former Attorney General Perspective - Learning from Prosecuting Fraud Claims... [+]Post-9/11, Post-Hurricane Sandy (April 9, 2020)Karen Ernst/Brittany HarlosLast Thursday, we assembled approximately 600 people for a WebEx (viewable hereWe focused our discussion o
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