DOJ Subpoenas Wall Street Banks for Records on Coronavirus Relief Loans: Report

LEDGER LOOKSEE

The Justice Department has already charged some alleged fraudsters over their applications to the Paycheck Protection Program.

Former Reporter/Editor

Published May 15 2020 10:12PM EDT

2020-05-15T230624Z_510548375_RC2BPG9IISXK_RTRMADP_3_USA-DOJ-BANKS_k8kzyt — Mary Calvert/Reuters

The Justice Department has sent grand jury subpoenas to several large Wall Street banks as part of a probe into misuse of federal coronavirus relief funds, Reuters reports.

Blake Montgomery

Former Reporter/Editor

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DOJ Subpoenas Wall Street Banks for Records on Coronavirus Relief Loans: Report

The Justice Department has already charged some alleged fraudsters over their applications to the Paycheck Protection Program.

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Blake Montgomery