PPP Loan Fraud Lawyer Maryland
PPP loan fraud in Maryland is prosecuted under 18 U.S.C. § 1344 (bank fraud), 18 U.S.C. § 1343 (wire fraud), and 18 U.S.C. § 1014 (false statements to a financial institution), carrying penalties of up to 30 years imprisonment. Law Offices Of SRIS, P.C.
Understanding PPP Loan Fraud Under Federal Law
PPP loan fraud involves knowingly making false statements to obtain Paycheck Protection Program funds, misusing loan proceeds for unauthorized purposes, or submitting fraudulent loan forgiveness applications. These offenses are prosecuted federally under 18 U.S.C. § 1344 (bank fraud), 18 U.S.C. § 1343 (wire fraud), and 18 U.S.C. § 1014 (false statements to a financial institution). The U.S. Department of Justice and the Small Business Administration Office of Inspector General investigate these cases. Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C., ‘Advocacy Without Borders,’ brings 120+ years combined legal experience to defend clients facing these serious charges.
Last verified: April 2026 | U.S. District Court for the District of Maryland | U.S. Department of Justice
Official Legal References
Insider Perspective on PPP Loan Fraud Defense in Maryland
In the U.S. District Court for the District of Maryland, federal prosecutors routinely use grand jury subpoenas and document requests to build PPP fraud cases. We have observed that early intervention often prevents indictment.
Prosecutors frequently rely on bank records and loan applications to establish intent. A strong defense challenges the government’s ability to prove willful misconduct.
Negotiating a pretrial diversion agreement is possible in some cases, particularly when the alleged loss is minimal and the defendant cooperates.
- Do not speak to investigators without your attorney present.
- Preserve all PPP loan documents, bank records, and communications.
- Contact a fraud charge defense lawyer Maryland immediately.
- Evaluate whether the government can prove intent beyond a reasonable doubt.
- Respond to subpoenas through your attorney only.
- Negotiate with federal prosecutors or prepare for trial.
In Maryland, PPP loan fraud carries severe penalties under federal law, including imprisonment, fines, restitution, and asset forfeiture.
| Offense | Classification | Incarceration | Fine | License Impact | Additional Consequences |
|---|---|---|---|---|---|
| Bank Fraud (18 U.S.C. § 1344) | Federal Felony | Up to 30 years | Up to $1,000,000 | Federal contracting debarment | Restitution, asset forfeiture, supervised release |
| Wire Fraud (18 U.S.C. § 1343) | Federal Felony | Up to 20 years | Up to $250,000 | Federal contracting debarment | Restitution, asset forfeiture, supervised release |
| False Statements (18 U.S.C. § 1014) | Federal Felony | Up to 30 years | Up to $1,000,000 | Federal contracting debarment | Restitution, asset forfeiture, supervised release |
Results may vary.
Why Choose Law Offices Of SRIS, P.C. for Your PPP Loan Fraud Defense?
Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years combined legal experience, 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ, and a favorable-outcome rate above 93%. Our team includes Kristen M. Fisher, Former Maryland Assistant State’s Attorney, Of Counsel (independent attorney working with Law Offices Of SRIS, P.C.), who brings firsthand prosecutorial insight to your defense. ‘Advocacy Without Borders’ reflects our commitment to providing aggressive, strategic representation for clients facing federal fraud charges.
Your Defense Team
Case Results
Law Offices Of SRIS, P.C. has 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ, with a favorable-outcome rate of 93%+. In Maryland, our team has handled numerous fraud and theft cases, achieving dismissals, reductions, and favorable plea agreements. Results may vary.
Our Maryland Location
Our location in Rockville is approximately 30 miles from the U.S. District Court for the District of Maryland in Baltimore, with access via I-270 and I-495.
PPP loan fraud lawyer near Maryland — serving clients throughout the state.
Serving the communities of Rockville, Bethesda, Silver Spring, Gaithersburg, Germantown, Wheaton, Potomac, and all Maryland counties.
24/7 phone consultations — (888) 437-7747 — meetings by appointment only.
Law Offices Of SRIS, P.C. — Maryland
199 E. Montgomery Avenue, Suite 100, Room 211, Rockville, MD 20850
(888) 437-7747
Frequently Asked Questions About PPP Loan Fraud in Maryland
What is PPP loan fraud under federal law?
PPP loan fraud involves knowingly making false statements to obtain Paycheck Protection Program funds, misusing loan proceeds, or submitting fraudulent forgiveness applications. It is prosecuted under 18 U.S.C. § 1344 (bank fraud), 18 U.S.C. § 1343 (wire fraud), and 18 U.S.C. § 1014 (false statements to a financial institution). Penalties include up to 30 years imprisonment for bank fraud.
Yes, PPP loan fraud is a federal crime prosecuted under 18 U.S.C. § 1344, 18 U.S.C. § 1343, and 18 U.S.C. § 1014, with penalties up to 30 years imprisonment.
How does a PPP loan fraud defense lawyer in Maryland approach these cases?
A PPP loan fraud defense lawyer in Maryland examines the government’s evidence for procedural errors, challenges the accuracy of loss calculations, and negotiates with federal prosecutors in the U.S. District Court for the District of Maryland. Defense strategies may include demonstrating good-faith reliance on SBA guidance or challenging the intent element of the charged offense.
What should I do if I am under investigation for PPP loan fraud in Maryland?
If you are under investigation for PPP loan fraud in Maryland, do not speak with investigators without an attorney present. Preserve all loan documents, bank records, and communications with lenders. Contact a fraud charge defense lawyer Maryland immediately. The U.S. Attorney’s Office for the District of Maryland prosecutes these cases aggressively.
Can PPP loan fraud charges be reduced or dismissed in Maryland?
Yes, PPP loan fraud charges can be reduced or dismissed in Maryland through pretrial diversion programs, negotiated plea agreements, or successful motions to suppress evidence. A white collar crime defense lawyer Maryland can evaluate whether the government can prove intent beyond a reasonable doubt and pursue dismissal or reduction of charges.
What are the penalties for PPP loan fraud conviction in Maryland?
Penalties for PPP loan fraud conviction in Maryland vary by charge. Bank fraud under 18 U.S.C. § 1344 carries up to 30 years imprisonment and $1,000,000 fine. Wire fraud under 18 U.S.C. § 1343 carries up to 20 years. False statements to a financial institution under 18 U.S.C. § 1014 carry up to 30 years. Restitution and asset forfeiture are also mandatory.
Related Practice Areas and Locations
- Criminal Defense Lawyer Salisbury — State hub for criminal defense in Maryland.
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Last verified: April 2026
By appointment only.