Overview
- Greenland LA Metropolis Hotel Development LLC, Greenland US Management LLC, and Greenland LA Metropolis Development III will pay $7,312,283.36 under a False Claims Act settlement.
- Prosecutors allege the borrowers were ineligible due to affiliation that pushed employee counts over SBA size limits, with second‑round loans barred by ownership exceeding 20 percent by entities organized in China.
- The settlement closes two qui tam cases, with GNGH2 Inc. receiving $697,757.80 and relator Aidan Forsyth receiving $33,470.53.
- DOJ said the companies are part of a multinational group ultimately owned by Greenland Holding Group Company Limited, which employs tens of thousands worldwide.
- Officials emphasized that the resolution is civil and includes no determination of liability, reflecting coordinated work by DOJ and SBA offices.