Two German-owned Companies Pay $2.1 Million to Resolve Allegations of Fraudulent PPP Loans
February 10, 2026
February 10, 2026
BUFFALO, New York, Feb. 10 -- The office of the U.S. Attorney for the Western District of New York posted the following news release on Feb. 9, 2026:
* * *
Two German-owned companies pay $2.1 million to resolve allegations of fraudulent PPP loans
U.S. Attorney Michael DiGiacomo announced today that Kemper Systems America, Inc. and Thermacut, Inc. agreed to pay $2.1 million to resolve False Claims Act allegations of improperly obtained Paycheck Protection Pr . . .
* * *
Two German-owned companies pay $2.1 million to resolve allegations of fraudulent PPP loans
U.S. Attorney Michael DiGiacomo announced today that Kemper Systems America, Inc. and Thermacut, Inc. agreed to pay $2.1 million to resolve False Claims Act allegations of improperly obtained Paycheck Protection Pr . . .