N.C. U.S. Attorney: Conover Company Settles Allegations Related to Receiving an Improper Paycheck Protection Program Loan
February 14, 2025
February 14, 2025
CHARLOTTE, North Carolina, Feb. 14 -- The office of the U.S. Attorney for the Western District of North Carolina issued the following news release:
Taiji Group USA, Inc. (Taiji Group), a paper converter in Conover, N.C., has agreed to pay $460,395.09, to resolve allegations that it violated the False Claims Act by knowingly providing false information to apply for a Paycheck Protection Program (PPP) loan to which the company was not entitled, announced Lawrence J. Cameron, Acting U. . . .
Taiji Group USA, Inc. (Taiji Group), a paper converter in Conover, N.C., has agreed to pay $460,395.09, to resolve allegations that it violated the False Claims Act by knowingly providing false information to apply for a Paycheck Protection Program (PPP) loan to which the company was not entitled, announced Lawrence J. Cameron, Acting U. . . .