It shouldn’t surprise us anymore, but it’s the type of fraud that surprises anyone who believes in supporting the American dream. We’ve seen it before and, sadly, we know we’ll see it again – people taking advantage of programs intended to help small businesses succeed, especially businesses run by our country’s veterans and/or historically disadvantaged groups. We take solace in the people we work with, those who step forward and say, “This isn’t right.” As a law firm for whistleblowers in defense contract fraud cases, we rely on honest individuals to help us fight government set-aside fraud and we are committed to protecting their interests, including ensuring they receive due compensation if their time, effort, and information leads to the recovery of government funds.
Four Charged With SBA Fraud
Last week, the Justice Department announced an indictment formally charging four individuals with defrauding Small Business Administration grant programs to obtain $24 million in unlawful profits. The SBA operates programs that help businesses owned and controlled by disabled veterans and socially or economically disadvantaged individuals compete for government contracts. In order to qualify, the business must be unconditionally owned and controlled by a qualified individual.