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NYC Criminal Attorney > NYC Criminal Defense > NYC Cares Act PPP & EIDI Fraud Defense Attorney

NYC Cares Act PPP & EIDI Fraud Defense Attorney

According to the Washington Post, as of late March 2021, the United States Justice Department (DOJ) has charged more than 50 individuals with bank and wire fraud and money laundering  for attempted and completed thefts totaling more than $175 million dollars in taxpayer-backed Covid 19 pandemic loans issued pursuant to the 2020 CARES Act, enacted in March 2020. The Paycheck Protection Program (PPP), and a separate Covid 19 loan program, the Economic Injury Disaster Loan (EIDL), both regulated by the Small Business Administration (SBA) and implemented by banks and other financial  companies, have been scrutinized for DOJ anti-fraud concerns since April 2020 .  Those individuals charged with Wire and Bank Fraud and Money Laundering crimes thus far, have allegedly attempted to or actually received funds on behalf of fake companies; legitimate business owners misusing the loan funds for nonqualifying  purchases and; ineligible applicants applying for and receiving loan proceeds.

If you are under investigation or have been charged with a CARES ACT loan related crime, contact Mark I. Cohen, New York City Criminal Defense Attorney today to schedule an initial consultation for expert Criminal Defense legal services.

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The New York Criminal Bar Association
Avvo Clients' Choice Award 2017
Avvo Reviews Mark L. Cohen


"... Mr. Cohen's effort... in everything he has done before the Court, is A-Plus... [R]ecently, in another case... [before me], the result he achieved for his client... was quite impressive." Honorable Kenneth M. Karas, United States District Judge for the Southern District of New York.


"So I have very sophisticated counsel here and, Mr. Cohen, [your client] is very fortunate in having you as his attorney, and I hope he appreciates that." – Quote from the Honorable Denise L. Cote, United States District Judge for the Southern District of New York.


"As Mark Cohen, a defense lawyer who has tried cases throughout the city and was a prosecutor in the Bronx, pointed out, there is a saying among defense lawyers in New York." – As provided in the New York Times City Room Blog.

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