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Violation Tracker Individual Record

Company: Womply
Penalty: $26,000,000
Year: 2024
Date: March 18, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: false advertising
Violation Description: The Federal Trade Commission is taking action against two companies – Biz2Credit and Womply – that made false promises to small businesses seeking to take part in the Paycheck Protection Program (PPP), delaying and sometimes preventing them from obtaining funds they needed to keep their businesses afloat during the COVID-19 pandemic.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
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.