Lisa Bloom Settles Allegations Over Misuse of COVID Relief Funds
The attorney and her firm agreed to pay $274,000 without admitting guilt, resolving claims of false information in PPP loan applications.
- Lisa Bloom and her husband Braden Pollock will each pay $35,000, while The Bloom Firm will pay $204,000.
- Federal prosecutors alleged that Bloom's firm misused Paycheck Protection Program funds for ineligible employees.
- The settlement resolves claims brought under the False Claims Act, which allows private parties to sue on behalf of the government.
- Bloom, who previously represented high-profile clients, denied the allegations but agreed to the settlement.
- The case underscores the Justice Department's commitment to pursuing misuse of pandemic relief programs.