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Continental to Pay $11.7M in PPP Case

Summary by Lagniappe Mobile
A Chinese state-owned aerospace firm in Mobile will pay more than $11.7 million to resolve what federal prosecutors say amounted to “fraud against American taxpayers” over allegations it wrongfully received pandemic-era relief loans.
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2 Articles

Lagniappe MobileLagniappe Mobile

Continental to pay $11.7M in PPP case

A Chinese state-owned aerospace firm in Mobile will pay more than $11.7 million to resolve what federal prosecutors say amounted to “fraud against American taxpayers” over allegations it wrongfully received pandemic-era relief loans.

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大纪元 Epoch Times大纪元 Epoch Times

Chinese Company that Fraudulently Claimed US Pandemic Relief Funds Settles with $11.77 Million.

The U.S. Department of Justice (DOJ) announced on Tuesday (August 11) that a Chinese airline has agreed to pay $11.77 million to settle allegations that it falsely reported PPP loans.

·New York, United States
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大纪元 Epoch Times broke the news in New York, United States on Wednesday, August 12, 2026.
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