PPP loan fraud in Rockville, Maryland, is prosecuted under 18 U.S.C. § 1344 (bank fraud) and 18 U.S.C. § 1014 (false statements to a bank), carrying penalties of up to 30 years in federal prison. Law Offices Of SRIS, P.C. has extensive criminal defense experience in Rockville, with 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ.
PPP Loan Fraud Lawyer Rockville, Maryland
PPP loan fraud involves knowingly making false statements or misrepresentations to obtain Paycheck Protection Program (PPP) funds from a financial institution. Under 18 U.S.C. § 1014, it is a federal crime to knowingly make any false statement to a bank or credit union for the purpose of influencing its lending decisions. Under 18 U.S.C. § 1344, bank fraud prohibits schemes to defraud a financial institution or obtain its property through false pretenses. These charges are felonies and carry severe penalties, including up to 30 years in federal prison, fines, restitution, and asset forfeiture.
Last verified: April 2026 | U.S. District Court for the District of Maryland | 18 U.S.C. § 1344 (Cornell LII)
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 federal PPP loan fraud charges in Rockville.
For the full text of the federal bank fraud statute, see 18 U.S.C. § 1344 (Cornell LII — official site). For the false statements statute, see 18 U.S.C. § 1014 (Cornell LII — official site).
In the U.S. District Court for the District of Maryland, prosecutors routinely pursue PPP loan fraud cases with aggressive investigative tactics. We have observed that federal agents often execute search warrants and seize business records early in the investigation. Acting quickly to secure experienced legal counsel is critical.
- Do not speak to investigators without counsel.
- Preserve all documents and records.
- Contact a PPP Loan Fraud Lawyer Rockville immediately.
- Review the specific charges and potential penalties.
- Develop a defense strategy with your attorney.
- Prepare for court proceedings in federal court.
In Rockville, Maryland, PPP loan fraud carries 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) | Felony | Up to 30 years | Up to $1,000,000 | Professional license revocation | Restitution, asset forfeiture, supervised release |
| False Statements to a Bank (18 U.S.C. § 1014) | Felony | Up to 30 years | Up to $1,000,000 | Professional license revocation | Restitution, asset forfeiture, supervised release |
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 criminal cases in Rockville and throughout Maryland.
Law Offices Of SRIS, P.C. has 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ, including numerous favorable outcomes in federal fraud cases. Results may vary. Case results depend on a variety of factors unique to each case.
Our location in Rockville is approximately 2 miles from the U.S. District Court for the District of Maryland (Greenbelt Division), with access via I-270 and I-495. We serve as a PPP loan fraud lawyer near Rockville. Serving the communities of Rockville, Twinbrook, Rockville Town Center, King Farm, Fallsmead, and the Potomac border. 24/7 phone consultations — (888) 437-7747 — meetings by appointment only.
Law Offices Of SRIS, P.C. — Rockville
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 Rockville
What is PPP loan fraud under federal law?
PPP loan fraud involves knowingly making false statements to a financial institution to obtain Paycheck Protection Program funds, in violation of 18 U.S.C. § 1014 (false statements to a bank) and 18 U.S.C. § 1344 (bank fraud). Penalties include up to 30 years in federal prison. The U.S. District Court for the District of Maryland handles these cases.
Yes. PPP loan fraud is a federal crime under 18 U.S.C. § 1344 and 18 U.S.C. § 1014, carrying up to 30 years in prison.
What are the penalties for PPP loan fraud in Rockville, Maryland?
Penalties for PPP loan fraud in Rockville include up to 30 years imprisonment under 18 U.S.C. § 1344, fines up to $1,000,000, restitution of all fraudulently obtained funds, and asset forfeiture. Cases are prosecuted in the U.S. District Court for the District of Maryland.
Penalties include up to 30 years in prison, fines up to $1,000,000, restitution, and asset forfeiture.
Can PPP loan fraud charges be reduced or dismissed in Maryland?
Yes. Defense strategies include challenging the government’s evidence of intent, demonstrating good-faith reliance on SBA guidance, negotiating pretrial diversion, or seeking dismissal for lack of criminal intent. The U.S. District Court for the District of Maryland handles these cases.
Yes. Charges can be reduced or dismissed through effective defense strategies.
Do I need a lawyer for a federal PPP loan fraud investigation in Rockville?
Yes. Federal investigations involve complex statutes like 18 U.S.C. § 1344 and 18 U.S.C. § 1014. An experienced fraud charge defense lawyer Rockville can protect your rights, negotiate with prosecutors, and build a defense. Contact SRIS, P.C. at (888) 437-7747.
Yes. You need a lawyer immediately to protect your rights during a federal investigation.
Learn more about our services: Criminal Defense Lawyer Maryland. Explore related pages: Criminal Defense Lawyer Howard County and Criminal Defense Lawyer Calvert County. Also see: Criminal Defense Lawyer Montgomery County.
Last verified: April 2026 | U.S. District Court for the District of Maryland