PPP Loan Fraud Lawyer in Maryland
PPP loan fraud in Maryland is prosecuted under 18 U.S.C. § 1344 (bank fraud) and 18 U.S.C. § 1014 (false statements to a financial institution), carrying penalties of up to 30 years imprisonment per count. Law Offices Of SRIS, P.C. has extensive criminal defense experience in Maryland federal courts, with 4,739+ firm-wide documented results across VA, MD, DC, NY and NJ.
Understanding PPP Loan Fraud Under Federal Law
PPP loan fraud involves knowingly making false or misleading statements to obtain Paycheck Protection Program funds from a financial institution. The primary federal statutes governing these charges are 18 U.S.C. § 1014, which prohibits false statements to influence a financial institution’s lending decisions, and 18 U.S.C. § 1344, which criminalizes bank fraud schemes. Additional charges may include wire fraud (18 U.S.C. § 1343), mail fraud (18 U.S.C. § 1341), and money laundering (18 U.S.C. § 1956). The U.S. Attorney’s Office for the District of Maryland aggressively prosecutes PPP fraud cases in the U.S. District Court for the District of Maryland, with investigations often led by the FBI and the Small Business Administration Office of Inspector General.
Last verified: April 2026 | U.S. District Court for the District of Maryland | U.S. Attorney’s Office, District of Maryland
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 PPP loan fraud allegations in Maryland.
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Insider Perspective on PPP Loan Fraud Cases in Maryland
In the U.S. District Court for the District of Maryland, prosecutors routinely use grand jury subpoenas to gather financial records and bank statements early in PPP fraud investigations. We have observed that the government often files charges under multiple statutes to maximize sentencing exposure.
Federal agents frequently conduct interviews with borrowers without prior notice, seeking admissions before counsel is retained. In our experience defending these cases, the government’s evidence often includes loan applications, tax returns, and payroll records that may contain innocent errors.
- Do not speak to investigators without your attorney present.
- Preserve all loan documents, bank records, and communications.
- Contact a PPP Loan Fraud Lawyer Maryland immediately upon receiving a subpoena or target letter.
- Do not destroy or alter any documents, even if they contain errors.
- Follow your attorney’s guidance on whether to cooperate or assert your Fifth Amendment rights.
- Prepare for potential pre-indictment negotiation or litigation in federal court.
In Maryland, PPP loan fraud carries severe federal penalties including imprisonment, fines, and restitution. The following table outlines potential consequences under federal law.
| 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 up to 5 years |
| False Statements to a Financial Institution (18 U.S.C. § 1014) | Federal Felony | Up to 30 years | Up to $1,000,000 | Federal contracting debarment | Restitution, asset forfeiture, supervised release up to 5 years |
| 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 up to 3 years |
| Money Laundering (18 U.S.C. § 1956) | Federal Felony | Up to 20 years | Up to $500,000 or twice the value of the property | Federal contracting debarment | Restitution, asset forfeiture, supervised release up to 3 years |
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 experience to your defense. We understand the strategies federal prosecutors use in PPP fraud cases and how to challenge their evidence.
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Proven Results in Maryland Criminal Defense
Law Offices Of SRIS, P.C. has extensive criminal defense experience in Maryland, including documented results in theft and fraud cases. Firm-wide across VA, MD, DC, NY and NJ, SRIS has handled 4,739+ documented case results with over 93% favorable outcomes. Results may vary.
Our Maryland Location
Our location in Rockville is accessible from the U.S. District Court for the District of Maryland via I-270 and I-495. Serving the communities of Rockville, Bethesda, Silver Spring, Gaithersburg, Germantown, Wheaton, Kensington, Potomac, Olney, Damascus, Clarksburg, Takoma Park, and Chevy Chase. 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
Phone: (888) 437-7747
By appointment only.
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, violating 18 U.S.C. § 1014 (false statements to a financial institution) and 18 U.S.C. § 1344 (bank fraud). Penalties include up to 30 years imprisonment per count.
PPP loan fraud is prosecuted under 18 U.S.C. § 1014 and 18 U.S.C. § 1344, with penalties up to 30 years per count.
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 to investigators without counsel. Preserve all loan documents and communications. Contact a PPP Loan Fraud Lawyer Maryland immediately. The U.S. Attorney’s Office for the District of Maryland prosecutes these cases in the U.S. District Court for the District of Maryland.
Do not speak to investigators without counsel. Preserve documents and contact a PPP Loan Fraud Lawyer Maryland immediately.
Can PPP loan fraud charges be reduced or dismissed in Maryland?
It depends. PPP loan fraud charges may be reduced or dismissed if the government cannot prove intent to defraud, if the loan was properly used, or if procedural errors occurred. A fraud charge defense lawyer Maryland can negotiate with prosecutors or challenge evidence at trial. Results may vary.
Charges may be reduced or dismissed if intent to defraud cannot be proven or procedural errors exist.
Do I need a lawyer for a federal white collar crime investigation in Maryland?
Yes. Federal white collar crime investigations in Maryland involve complex statutes and aggressive prosecution by the U.S. Attorney’s Office. A white collar crime defense lawyer Maryland can protect your rights, negotiate pre-indictment resolutions, and build a defense strategy. Contact SRIS, P.C. at (888) 437-7747.
Yes, federal white collar crime investigations require experienced counsel to protect your rights and negotiate with prosecutors.
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Last verified: April 2026