Strand Book Store, Inc. to Pay Nearly $1.5 Million for Improper Receipt of Paycheck Protection Program Loan
The United States Attorney for the District of Columbia announced today that Strand Book Store, Inc. has agreed to pay $1,482,560 because the New York City bookstore violated the False Claims Act by improperly applying for and receiving a second draw loan under the Paycheck Protection Program (PPP) for which it was not eligible. Strand was ineligible because Senator Ron Wyden’s wife was the owner.
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The United States Attorney for the District of Columbia announced today that Strand Book Store, Inc. has agreed to pay $1,482,560 because the New York City bookstore violated the False Claims Act by improperly applying for and receiving a second draw loan under the Paycheck Protection Program (PPP) for which it was not eligible. Strand was ineligible because Senator Ron Wyden’s wife was the owner.
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- U.S. Department of JusticeSource primaire · Confirme · EN · 100%Strand Book Store, Inc. to Pay Nearly $1.5 Million for Improper Receipt of Paycheck Protection Program Loan ↗
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