Coyne Public Relations of New Jersey allegedly applied for and obtained a forgivable PPP loan despite its ineligibility.
Coyne Public Relations, a New Jersey public-relations firm, has paid $2.24 million to the federal government to resolve a whistleblower case alleging that it knowingly applied for and received a forgivable loan under the Paycheck Protection Program despite its ineligibility.
The whistleblower, which alerted the government to the fraud by filing a qui tam lawsuit under the False Claims Act, received a whistleblower award from the settlement of $203,000.