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La Baguette settles federal lawsuit for $430K in fraudulent PPP claims

Original post made on Feb 5, 2023

A Palo Alto bakery has settled a lawsuit with the federal government for making false claims to acquire $430,000 through a program designed to help struggling businesses during the COVID-19 pandemic.

Read the full story here Web Link posted Sunday, February 5, 2023, 8:30 AM

Comments (1)

Posted by Observer
a resident of Menlo Park: Central Menlo Park
on Feb 5, 2023 at 3:24 pm

Observer is a registered user.

Proper penalty for these cheats should be return all covid loans even the legit ones plus a penalty equal to the false ones. And forbidden from receiving any SB loans for 10 years. A year or two of jail time for each $100k of false loan wouldn't hurt.

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