CARES Act Fraud Tracker

On March 29, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. It provides more than $2 trillion in economic relief to help Americans cope with the economic impact of the COVID-19 global pandemic. The Act originally authorized up to $349 billion in forgivable loans to small businesses through the Paycheck Protection Program (PPP), and Congress later authorized $321 billion in additional PPP funding. Before the application period for PPP loans closed in August 2020, loan applicants had to satisfy various eligibility criteria. And even today, PPP loan recipients can continue to seek loan forgiveness by establishing their compliance with various rules, such as requirements that funding be used for payroll costs and other related business expenses. Additionally, the CARES Act has authorized other relief, such as the Economic Injury Disaster Loan (EIDL), Economic Impact Payments (EIP), Provider Relief Fund (PRF), Pandemic Unemployment Assistance (PUA), and Federal Pandemic Unemployment Compensation (FPUC). In the chart below, Arnold & Porter tracks criminal cases that the Department of Justice (DOJ) has brought to address CARES Act-related fraud. Visit our Coronavirus (COVID-19) Task Force page for additional resources.

Key Contacts

Jonathan E. Green
Partner & Co-Chair

Kevin M. Toomey
Financial Services

Matthew Bemis
General Litigation

* Tracker contributors Kodjo Kumi and Maya Kouassi are not admitted to the practice of law.

Last Updated October 1, 2021

Email Disclaimer