PPP Loan Fraud Lawyer in Maryland
PPP loan fraud in Maryland is prosecuted under 18 U.S.C. § 1344 (bank fraud) and 18 U.S.C. § 1349 (conspiracy), carrying penalties of up to 30 years in federal prison. Law Offices Of SRIS, P.C. has extensive criminal defense experience in the U.S. District Court for the District of Maryland. Call (888) 437-7747 for a consultation by appointment only.
Understanding PPP Loan Fraud Under Federal Law
PPP loan fraud involves knowingly making false statements to obtain Paycheck Protection Program funds, misusing loan proceeds, or submitting false loan forgiveness applications. The federal government prosecutes these cases under 18 U.S.C. § 1344 (bank fraud) and 18 U.S.C. § 1349 (conspiracy). In Maryland, these cases are heard in the U.S. District Court for the District of Maryland. A conviction for bank fraud carries a maximum penalty of 30 years in federal prison, fines up to $1,000,000, restitution, and asset forfeiture. Sentencing follows the U.S. Sentencing Guidelines, with enhancements for loss amount, number of victims, and role in the offense. Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years combined legal experience.
Last verified: April 2026 | U.S. District Court for the District of Maryland | U.S. Department of Justice
Official Legal References
For the full text of the relevant statutes, see 18 U.S.C. § 1344 (Bank Fraud) — U.S. Department of Justice and 18 U.S.C. § 1349 (Conspiracy) — U.S. Department of Justice.
Insider Perspective on PPP Loan Fraud Cases in Maryland
In the U.S. District Court for the District of Maryland, prosecutors routinely use grand jury subpoenas and search warrants to gather evidence in PPP loan fraud investigations. We have observed that early intervention by a fraud charge defense lawyer can often prevent charges from being filed.
- Do not speak to investigators without your lawyer present.
- Preserve all documents related to your PPP loan application and use of funds.
- Contact a white collar crime defense lawyer immediately if you receive a subpoena.
- Your attorney will evaluate whether to negotiate a pre-indictment resolution.
- If charged, your lawyer will challenge the government’s loss calculations and evidence.
In Maryland, PPP loan fraud carries severe penalties under federal law, including lengthy prison sentences and substantial fines.
| Offense | Classification | Incarceration | Fine | License Impact | Additional Consequences |
|---|---|---|---|---|---|
| Bank Fraud (18 U.S.C. § 1344) | Federal Felony | Up to 30 years | Up to $1,000,000 | N/A (federal) | Restitution, asset forfeiture, supervised release |
| Conspiracy (18 U.S.C. § 1349) | Federal Felony | Up to 30 years | Up to $1,000,000 | N/A (federal) | Restitution, asset forfeiture, supervised release |
| False Statements (18 U.S.C. § 1001) | Federal Felony | Up to 5 years | Up to $250,000 | N/A (federal) | Restitution, supervised release |
Results may vary.
Why Choose Law Offices Of SRIS, P.C. for Your PPP Loan Fraud Defense?
Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C., “Advocacy Without Borders,” 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%. Our team includes Kristen M. Fisher, Former Maryland Assistant State’s Attorney, who has firsthand prosecutorial experience in Maryland federal and state courts. We understand the strategies federal prosecutors use and can build a strong defense for you.
Your Legal Team
Case Results
Law Offices Of SRIS, P.C. has extensive criminal defense experience in Maryland, including documented results in fraud and theft cases. Firm-wide, SRIS has handled 4,739+ documented case results across VA, MD, DC, NY and NJ with over 93% favorable outcomes. Results may vary.
Our Location and Service Area
Our location in Rockville is accessible from the U.S. District Court for the District of Maryland via I-270 and I-495. We serve the communities of Rockville, Bethesda, Silver Spring, Gaithersburg, Germantown, Wheaton, Kensington, Potomac, Olney, Damascus, Clarksburg, Takoma Park, and Chevy Chase. 24/7 phone consultations — (888) 437-7747 — meetings by appointment only.
Law Offices Of SRIS, P.C. — Maryland
199 E. Montgomery Avenue, Suite 100, Room 211
Rockville, MD 20850
(888) 437-7747
By appointment only.
Frequently Asked Questions About PPP Loan Fraud in Maryland
What is PPP loan fraud under federal law?
PPP loan fraud involves knowingly making false statements to obtain Paycheck Protection Program funds, misusing loan proceeds, or submitting false loan forgiveness applications. It is prosecuted under 18 U.S.C. § 1344 (bank fraud) and 18 U.S.C. § 1349 (conspiracy) in the U.S. District Court for the District of Maryland.
What are the penalties for PPP loan fraud in Maryland?
Penalties for PPP loan fraud can include up to 30 years in federal prison for bank fraud under 18 U.S.C. § 1344, fines up to $1,000,000, restitution, and asset forfeiture. Sentencing follows the U.S. Sentencing Guidelines, with enhancements for loss amount and number of victims.
How can a PPP loan fraud lawyer defend me in Maryland?
A PPP loan fraud lawyer can challenge the government’s evidence, negotiate plea agreements, seek sentence reductions, and argue for alternative resolutions. At the U.S. District Court for the District of Maryland, experienced counsel can present mitigating factors and challenge the calculation of loss amounts.
Do I need a lawyer for a federal fraud investigation in Maryland?
Yes. If you are under investigation for PPP loan fraud in Maryland, you should retain a fraud charge defense lawyer immediately. Federal investigations often lead to grand jury subpoenas, search warrants, and charges. Early legal intervention can prevent charges or reduce exposure.
What should I do if I receive a subpoena for PPP loan records in Maryland?
If you receive a subpoena for PPP loan records in Maryland, do not destroy documents or discuss the case with anyone except your lawyer. Contact a white collar crime defense lawyer immediately to respond appropriately and protect your rights.
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Last updated: 2026-04-30
By appointment only.