CARES Act Fraud Enforcement is Here: What Borrowers Under the COVID-19 Financial Relief Programs Need to Know to Mitigate Regulatory Risks
In an update to their May 5 webinar where they introduced the CARES Act loan programs and cautioned borrowers to expect strict government oversight and increased enforcement activity, our founding partner Frances McLeod, Alixandra Smith, Chief of the Business and Securities Fraud Section of the U.S. Attorney's Office for the Eastern District of New York and George Stamboulidis, co-head of BakerHostetler's White Collar practice, will participate in a discussion moderated by BakerHostetler's Patrick Campbell covering the latest developments under the CARES Act loan programs and how borrowers can avoid being the next target of a fraud investigation or prosecution.
Program topics will include:
- Key legislative updates and regulatory guidance regarding the CARES Act loan programs since May 5th
- Review and analysis of the fraud investigations and criminal actions for alleged CARES Act loan abuse to date and what to expect from the government going forward
- Proactive compliance measures that borrowers can still take to mitigate regulatory risk
Register now for the NYCBA webinar on July 22 at 11 am EDT.
