Source: United States Department of Justice Criminal Division
U.S. Attorney Michael DiGiacomo announced today that the Genesee Valley Club has agreed to pay $1,050,000 to resolve allegations that it improperly obtained a Paycheck Protection Program (PPP) loan from the U.S. Small Business Administration (SBA), which it was not eligible to receive. This action is part of the Trump Administration’s Task Force to Eliminate Fraud.