PPP Loan Fraud Lawyer 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. Call (888) 437-7747 for a consultation by appointment.
PPP loan fraud involves knowingly making false or misleading statements to obtain funds from the Paycheck Protection Program, a federal loan program administered by the Small Business Administration (SBA). Under 18 U.S.C. § 1014, it is a federal crime to make any false statement to a federally insured financial institution for the purpose of influencing its lending decisions. Under 18 U.S.C. § 1344, bank fraud includes schemes to defraud a financial institution or to obtain its property through false pretenses. These charges are investigated by the FBI, SBA Office of Inspector General, and the U.S. Attorney’s Office for the District of Maryland. Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years combined legal experience.
Last verified: April 2026 | District Court of MD for Montgomery County | 18 U.S.C. § 1014 | 18 U.S.C. § 1344
For official statutory text, refer to: 18 U.S.C. § 1014 (False Statements to a Financial Institution) (Cornell LII — official site) and 18 U.S.C. § 1344 (Bank Fraud) (Cornell LII — official site).
In the U.S. District Court for the District of Maryland, prosecutors routinely seek indictments for PPP loan fraud based on discrepancies between loan applications and actual payroll data. We have observed that early intervention — before charges are filed — can lead to pre-indictment resolutions such as deferred prosecution agreements.
- Do not speak to investigators without your attorney present.
- Preserve all loan documents, bank records, and communications.
- Contact a PPP loan fraud lawyer immediately.
- Evaluate whether to cooperate or challenge the evidence.
- Negotiate with the U.S. Attorney’s Office for a favorable resolution.
- Prepare for litigation if necessary.
In Maryland, PPP loan fraud carries severe penalties under federal law, including imprisonment, fines, and restitution.
| Offense | Classification | Incarceration | Fine | License Impact | Additional Consequences |
|---|---|---|---|---|---|
| False Statements to a Financial Institution (18 U.S.C. § 1014) | Federal Felony | Up to 30 years | Up to $1,000,000 | N/A (federal) | Restitution, supervised release, asset forfeiture |
| Bank Fraud (18 U.S.C. § 1344) | Federal Felony | Up to 30 years | Up to $1,000,000 | N/A (federal) | Restitution, supervised release, asset forfeiture |
Results may vary.
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%. Law Offices Of SRIS, P.C. — Advocacy Without Borders — has handled numerous federal fraud cases in Maryland, including PPP loan fraud investigations. Our team includes Kristen M. Fisher, Former Maryland Assistant State’s Attorney, who brings firsthand prosecutorial insight to your defense.
Law Offices Of SRIS, P.C. has extensive criminal defense experience in Maryland, including federal fraud cases. Firm-wide, SRIS has 4,739+ documented results across VA, MD, DC, NY and NJ with a favorable-outcome rate of 93%+. Results may vary.
Our location in Rockville is approximately 30 miles from the U.S. District Court for the District of Maryland (Greenbelt Division), with access 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, prosecuted under 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.
Do I need a lawyer for a PPP loan fraud investigation in Maryland?
Yes. Federal investigations into PPP loan fraud are handled by the FBI, SBA OIG, and U.S. Attorney’s Office for the District of Maryland. An attorney can negotiate pre-indictment resolutions, challenge evidence, and protect your rights at the District Court of MD for Montgomery County or federal court.
Can PPP loan fraud charges be reduced or dismissed in Maryland?
It depends. Defense strategies may include challenging intent, demonstrating good-faith use of funds, or negotiating deferred prosecution agreements. The U.S. Attorney’s Office for the District of Maryland considers cooperation, restitution, and lack of criminal history. Results vary.
What should I do if I am under investigation for PPP loan fraud in Maryland?
Do not speak to investigators without counsel. Preserve all loan documents, bank records, and communications. Contact a PPP loan fraud lawyer immediately. The statute of limitations under 18 U.S.C. § 3282 is five years for most federal fraud offenses.
What is the role of a fraud charge defense lawyer Maryland in PPP loan fraud cases?
A fraud charge defense lawyer Maryland evaluates the evidence, challenges false allegations, and negotiates with prosecutors. At the District Court of MD for Montgomery County, your attorney can file motions to suppress evidence or dismiss charges based on procedural errors.
How does a white collar crime defense lawyer Maryland handle PPP loan fraud cases?
A white collar crime defense lawyer Maryland analyzes financial records, identifies weaknesses in the government’s case, and develops defense strategies. This may include demonstrating that loan funds were used for legitimate business expenses or challenging the accuracy of the government’s calculations.
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Last updated: 2026-04-29. This page is regularly reviewed for accuracy.