WASHINGTON, April 23,
2024 /PRNewswire/ -- According to the Corporate
Whistleblower Center, "We have by far the most robust initiative in
the nation related to extremely short-staffed long-term care
facilities billing Medicare-Medicaid as if they were fully staffed.
In August of 2023 we obtained access to the database for all
companies-individuals that received Paycheck Protection Program
Loans-PPP loans---and we were horrified. Many of the same long term
care companies we were looking at for Medicare-Medicaid overbilling
fraud also received a PPP loan from the government. It
gets worse.
"In many instances the PPP "Loan" money went right into the
owner's pockets-not to assist in covering payroll costs during
COVID. If you are a manager-or administrator for an any type of
healthcare company that was untruthful in obtaining a PPP loan,
please give us a call at 866-714-6466-especially if the PPP loan
was around or over a million dollars. The whistleblower rewards for
this type of information might be significant.
"What we have also discovered is it was not just nursing homes
or long-term care facilities companies that in many instances lied
their way into getting a huge PPP loan. Sadly, as it turns out it
was also healthcare staffing agencies, hospitals, dialysis centers,
medical practice groups---you name it in healthcare--many received
a PPP loan-and the money was not necessary. Necessary was the word
required for obtaining a PPP loan from the government. If any of
this sounds like a company, you work-worked for please give us a
call at 866-714-6466 and we will discuss how the whistleblower
compensation process
works." https://CorporateWhistleblowerCenter.Com
The Corporate Whistleblower Center has also discovered that
in some instances the PPP loan amounts for healthcare companies
were way more than a million dollars. They have discovered long
term care companies that received a million-dollar PPP loan for
each of their locations. In one instance combined the loan amounts
were well over $20,000,000.
The PPP loan program was set up by the US Congress to help
struggling businesses during COVID and this program was
administered by the Small Business Administration. If the borrower
filled out the paperwork properly---almost all of these 'loans'
were forgiven-even if the owner was untruthful. In total the PPP
loans were nearly a trillion dollars—taxpayer dollars.
While the Corporate Whistleblower Center is not interested in
smaller PPP loan amounts under $100,000-however, they are very interested in
more significant PPP loans that went into a business owner's pocket
rather than to subsidize payroll-for companies struggling during
COVID. The group considers PPP loan fraud to be the
biggest instance of companies bilking the federal government
ever.
Special Note- "We also think that banks that brokered these PPP
loans to the SBA had to have known if there was fraud
involved with their borrower-especially if the bank bothered to do
any due diligence at all. We think that banks that promoted
fraudulent PPP loans should be on the hook too. The damage to the
US taxpayer will be way north of $100,000,000,000+++."
For more information about possible whistleblower rewards, a
healthcare manager or insider with proof is welcome to call the
Corporate Whistleblower Center anytime at 866-714-6466 for a
strictly confidential
conversation. https://CorporateWhistleblowerCenter.Com
Media Contact:
Michael Thomas
866-714-6466
376595@email4pr.com
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SOURCE Corporate Whistleblower Center