>>Fairfax Radiological Consultants to Settle Federal False Claims Act with Over $2.8M
(Fairfax, VA) -- A Medical group in the Commonwealth to pay millions to settle allegations of pandemic loan forgiveness exploitation. Katie Gray with more.Preview: Voicer Script:
Fairfax Radiological Consultants of Fairfax has agreed to pay $2,881,260 to settle federal False Claims Act allegations for falsely reporting its payroll costs to receive full forgiveness of a $6.7 million Paycheck Protection Program loan. The program offered loans to eligible small businesses for economic relief during the COVID-19 pandemic. WUSA 9 reports Federal prosecutors alleged that FRC misrepresented eligible payroll costs for 98 employees in its loan forgiveness application, resulting in full forgiveness of the loan.