FRAUD UPDATE: Fraudulent Email from fake SBA Email - Be Aware
Please be aware - the below email is is NOT a legitimate email from SBA. The email address is sba-attorneys.com, which is NOT sba.gov.
If you receive an email that looks like the one below, please do not respond:
From: Sba-attorneys [mailto:info@Sba-attorneys.com]
Sent: Wednesday, September 23, 2020 7:27 PM
Subject: Refund of your loan
As a representative attorney of the SBA, personal guarantors and Federal debtors for the Treasury department’s bureau of Fiscal service, now mandated to contact and bring to your attention The SBA and the Treasury Department new guidance clarifying that the loans you took were not intended for you and companies with access to the equity market.
The SBA and the Treasury Department clarified that the loans were not intended for you or a company with access to the equity market and other funding. Currently you are on the list of those who received SBA PPP Loans under the CARES Act which were not intended for you.
We now warned you of impending consequences of an audit, and potential criminal liability as we did not receive the return of the funds "in good faith" from you, since the deadline of May 7th. Please note, Over $436 million of the over $1.3 billion received for SBA PPP Loans under the CARES Act has been returned to us.
Finally be advised that Some of the collection tools available for Treasury debt defense pursuant to the Debt Collection Improvement Act of 1996 include but not limited to :
1. Submission of the federal debt to the Treasury Offset Program (TOP);
2. Credit bureau reporting;
3. Referral to private collection agencies (PCA) for servicing or purchase;
4. Administrative Wage Garnishment (AWG);
5. Referral to the Department of Justice (DoJ) for collateral liquidation or collection litigation and criminal consequences
6. Debarment from obtaining other federal loans, guaranties and loan insurance;
7. Revocation or suspension of federal licenses and eligibility;
8. Charge-off and related reporting to the Internal Revenue Service (IRS) as potential Form 1099-C income
Awaiting your prompt response and more details will be provided to you on the way forward.
Brandon Alcott, Principal Partner