Security News: German Subsidiary in Peachtree City Settles PPP Fraud Claim for $2.6 Million

Source: United States Department of Justice

Universal Environmental Services, LLC (“UES”), a Peachtree City, Georgia-based subsidiary of a large German conglomerate, will pay $2.6 million to resolve allegations that the company violated the False Claims Act in connection with applying and obtaining forgiveness for a loan under the COVID-era Paycheck Protection Program (“PPP”).