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Violation Tracker Individual Record

Company: Institute for Policy Studies
Penalty: $501,161
Year: 2023
Date: June 27, 2023
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: The U.S. Attorney's Office in Massachusetts reached a $501,161 settlement with the Institute for Policy Studies (IPS), a nonprofit headquartered in Washington, D.C., to resolve allegations that IPS falsely certified that it was eligible to receive a Second Draw Paycheck Protection Program (PPP) Loan from the Small Business Administration (SBA). As part of the settlement, IPS admits that it certified to the SBA that it was not a think tank primarily engaged in political or lobbying activities, when it had publicly stated otherwise.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-District of Massachusetts
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.