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  • Prominent California lawyer abused pandemic loan program, prosecutors s

    From useapen@21:1/5 to All on Wed Feb 19 08:18:19 2025
    XPost: alt.lawyers, alt.fan.rush-limbaugh, sac.politics
    XPost: alt.society.liberalism

    Aug 15 (Reuters) - Prominent California attorney Lisa Bloom and her law
    firm will pay more than $274,000 to resolve claims that they gave the U.S. government false information in connection with a COVID-19 pandemic relief program, federal prosecutors said Thursday.

    The Bloom Firm will pay approximately $204,000 while Bloom and her husband Braden Pollock will each pay more than $35,000 to settle allegations under
    the False Claims Act, prosecutors said.

    Bloom, Pollock and the law firm denied the allegations, and are not
    admitting any liability by settling the claims, according to the firm and documents prosecutors provided.

    The Bloom Firm said in a statement that it "voluntarily agreed" to return
    the relief funds. "We strongly disagree with this interpretation of the
    law and know that we did nothing wrong," the firm said.

    Bloom is known for taking on high-profile cases, including representing
    women who accused now-deceased financier Jeffrey Epstein and comedian Bill Cosby of sexual assault. Her past clients have also included disgraced Hollywood producer Harvey Weinstein.

    Prosecutors alleged that the Bloom Firm falsely certified it used funds
    from the U.S. Small Business Administration's Paycheck Protection Program during the pandemic for eligible payroll expenses, when it actually used
    the money to pay several workers who were ineligible to receive the PPP
    funds or were not working for the firm.

    "Attorneys have a duty to follow the law to the letter – especially when
    it comes to government programs aiding individuals and businesses impacted
    by COVID-19," Martin Estrada, the U.S. Attorney for the Central District
    of California, said in a statement Thursday.

    U.S. law firms in 2020 borrowed nearly $12 billion from PPP as their
    revenues were threatened by court closures and a freeze in corporate
    deals.

    https://www.reuters.com/legal/legalindustry/prominent-california-lawyer- abused-pandemic-loan-program-prosecutors-say-2024-08-15/

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  • From Mitchell Holman@21:1/5 to useapen on Wed Feb 19 14:34:13 2025
    XPost: alt.fan.rush-limbaugh, sac.politics

    useapen <yourdime@outlook.com> wrote in
    news:XnsB28B31A0A64FBX@135.181.20.170:

    Aug 15 (Reuters) - Prominent California attorney Lisa Bloom and her
    law firm will pay more than $274,000 to resolve claims that they gave
    the U.S. government false information in connection with a COVID-19
    pandemic relief program, federal prosecutors said Thursday.

    The Bloom Firm will pay approximately $204,000 while Bloom and her
    husband Braden Pollock will each pay more than $35,000 to settle
    allegations under the False Claims Act, prosecutors said.

    Bloom, Pollock and the law firm denied the allegations, and are not
    admitting any liability by settling the claims, according to the firm
    and documents prosecutors provided.

    The Bloom Firm said in a statement that it "voluntarily agreed" to
    return the relief funds. "We strongly disagree with this
    interpretation of the law and know that we did nothing wrong," the
    firm said.


    We will never know the full scale of
    the covid loan abuses because Trump kept
    so much of it secret.




    Mnuchin is Keeping $500 Billion in Bailout Funds Secret
    June 11 2020

    Note: U.S. Treasury Secretary Steven Mnuchin
    told Congress Wednesday that the Trump
    administration intends to keep secret the
    names of the businesses that have received
    more than $500 billion in COVID-19 bailout
    funds through the Paycheck Protection Program
    (PPP), claiming the information is "confidential."

    Making sure trillions in tax dollars go to workers,
    not profiteers, begins with knowing where it goes.
    What are they hiding? Are massive corporations
    masquerading as small businesses receiving funds?
    Are President Donald Trump and Mnuchin's pals
    getting money when they shouldn't be? These are
    questions that need to be answered, and the only
    way to do that is through complete transparency.
    https://tinyurl.com/yuhrdbvy

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