Springfield Company Agrees to Pay $1.24 Million to Resolve Allegations of PPP Loan Fraud
BOSTON – Prefere Melamines LLC (Prefere), a company headquartered in Springfield, Mass., has agreed to pay $1,247,744 to resolve allegations that it violated the False Claims Act by obtaining a Paycheck Protection Program (PPP) loan for which it was not eligible.
What happened
BOSTON – Prefere Melamines LLC (Prefere), a company headquartered in Springfield, Mass., has agreed to pay $1,247,744 to resolve allegations that it violated the False Claims Act by obtaining a Paycheck Protection Program (PPP) loan for which it was not eligible.
Why it matters
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Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Springfield Company Agrees to Pay $1.24 Million to Resolve Allegations of PPP Loan Fraud ↗
Claims
- Springfield Company Agrees to Pay $1.24 Million to Resolve Allegations of PPP Loan Fraud Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
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