Brooklyn Clothing Company Pays $3 Million to Settle Claims That It Defrauded Federal Covid Loan Program
May 08, 2026
May 08, 2026
BROOKLYN, New York, May 8 -- The office of the U.S. Attorney for the Eastern District of New York posted the following news release on May 7, 2026:
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Brooklyn Clothing Company Pays $3 Million to Settle Claims That it Defrauded Federal Covid Loan Program
Government Alleged that Lafayette 148, Inc. Obtained a $2 Million Paycheck Protection Program Loan by Falsely Claiming That It Had Fewer Than 300 Employees and Complied with Requirements Concerning China . . .
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Brooklyn Clothing Company Pays $3 Million to Settle Claims That it Defrauded Federal Covid Loan Program
Government Alleged that Lafayette 148, Inc. Obtained a $2 Million Paycheck Protection Program Loan by Falsely Claiming That It Had Fewer Than 300 Employees and Complied with Requirements Concerning China . . .