Manufacturing Company Agrees to Pay $887,234 to Resolve Improper Paycheck Protection Program Loan
March 24, 2026
March 24, 2026
LEXINGTON, Kentucky, March 24 -- The office of the U.S. Attorney for the Eastern District of Kentucky posted the following news release on March 23, 2026:
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Manufacturing Company Agrees to Pay $887,234 to Resolve Improper Paycheck Protection Program Loan
A Cold Spring-based manufacturer of custom screw machine parts, Segepo-FSM, Inc., agreed to pay $887,234 to resolve allegations that it violated the False Claims Act, a federal law that prohibits the su . . .
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Manufacturing Company Agrees to Pay $887,234 to Resolve Improper Paycheck Protection Program Loan
A Cold Spring-based manufacturer of custom screw machine parts, Segepo-FSM, Inc., agreed to pay $887,234 to resolve allegations that it violated the False Claims Act, a federal law that prohibits the su . . .