Fremont Company Agrees to Pay Nearly One Million Dollars to Resolve False Claims Act Allegations Involving Paycheck Protection Program Loan

Source: United States Department of Justice Criminal Division

SAN FRANCISCO – Fremont-based Innodisk USA has agreed to pay a total of $950,000 to settle allegations that it knowingly violated the False Claims Act when it received and retained a Paycheck Protection Program (PPP) loan, in violation of PPP rules