Insights

Eric Gibson Serves on CLE Panel Discussion Examining CARES Act Fraud at Marcum's 3rd Annual Corporate Compliance & Fraud Summit on Oct. 4

On October 4, 2023 at 1:00 pm ET, Eric L. Gibson served as a panelist for the virtual CLE panel discussion, "Investigating, Prosecuting, and Defending the Pandemic of CARES Act and Related Frauds," at Marcum's 3rd Annual Corporate Compliance & Fraud Summit. The panel also included Frank Suponcic, CPA, CFE, CFF, Partner, Advisory Services, Marcum LLP; James Boazzo, CPA, Special Agent, Federal Bureau of Investigation (FBI); and Paul Flannery, Partner/Co-Founder, Flannery | Georgalis, LLC.

The panelists discussed 2023’s most trending financial frauds resulting from the following federal and state programs created to assist businesses, workers, and consumers navigate the global pandemic:

• Paycheck Protection Program (PPP)
• Economic Injury Disaster Loan (EIDL) Program
• Unemployment Frauds
• Shuttered Venues Operators Grant
• Restaurant Revitalization Fund
• Identity Theft, and other SBA and CARES Act frauds and scams

The panel focused on the specific types of fraud, case investigation and documentation, prosecution and penalties, and defense resolution.