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Car Dealership Magnate To Pay $12M Over Pandemic Loans

Gunnar Larson

12 Apr 2025 12 Apr '25
9:49 a.m.

Car Dealership Magnate To Pay $12M Over Pandemic Loans <https://www.law360.com/compliance/articles/2323461?nl_pk=7f7472c8-af4a-4299-9ac5-a594bd6cf4d5&ab_exp_id=nl_subject&ab_exp_var=b&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2025-04-10&read_main=1&nlsidx=0&nlaidx=20> By Elliot Weld Massachusetts car dealership magnate Herb Chambers and several of his companies have agreed to pay $11.8 million to resolve allegations that they falsely certified their eligibility for pandemic-era aid under a U.S. Small Business Administration program, civil prosecutors said on Wednesday. Settlement attached | Read full article » <https://www.law360.com/compliance/articles/2323461?nl_pk=7f7472c8-af4a-4299-9ac5-a594bd6cf4d5&ab_exp_id=nl_subject&ab_exp_var=b&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2025-04-10&read_more=1&nlsidx=0&nlaidx=20> | Save to favorites » <https://www.law360.com/compliance/articles/2323461?nl_pk=7f7472c8-af4a-4299-9ac5-a594bd6cf4d5&ab_exp_id=nl_subject&ab_exp_var=b&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2025-04-10&read_later=1&nlsidx=0&nlaidx=20>

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