Kabbage Inks 2 FCA Deals With Feds Totaling $120M

By Henrik Nilsson · May 13, 2024, 10:56 PM EDT

Bankrupt online lender Kabbage Inc. has agreed to pay $120 million in two separate deals to resolve allegations it submitted thousands of false claims for loan forgiveness and operated without adequate...

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Case Information

Case Title

United States of America et al v. Kabbage, Inc. et al

Case Number

1:20-cv-12114

Court

Massachusetts

Nature of Suit

376 Qui Tam (31 U.S.C. § 3729(a))

Date Filed

November 25, 2020