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Home » Subsidiary of Chinese State-Owned Entity to Pay $14.2M to Resolve

Subsidiary of Chinese State-Owned Entity to Pay $14.2M to Resolve

YAPP USA Automotive Systems Inc., a corporation with its principal place of business in Michigan, has agreed to pay $14,208,496 to resolve allegations that it violated the False Claims Act by submitting false claims to obtain a Paycheck Protection Program (PPP) loan for which it was not eligible. Read More