Virginia Company Settles Claim Regarding COVID-19 Loan

ALEXANDRIA, Va. (AP) — A Virginia firm has agreed to pay $31,000 in damages and civil penalties to settle allegations that it improperly secured a number of loans to assist it through the COVID-19 pandemic, prosecutors stated.

The settlement resolves allegations that Zen Options Inc. of Arlington utilized for and acquired a second, duplicative mortgage via the Paycheck Safety Program mortgage in 2020, stated Jessica D. Aber, U.S. Legal professional for the Japanese District of Virginia, in a information launch on Friday.

In accordance with the information launch, Zen Options offers staffing companies for info know-how, information analytics, cyber safety and litigation help. The settlement resolved a lawsuit filed beneath the whistleblower provision of the False Claims Act, which allows personal events to sue on behalf of the U.S. for false claims and share in a portion of the federal government’s restoration.

The settlement additionally requires the corporate to totally repay the duplicative $192,000 mortgage it acquired.

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