NEW YORK - JPMorgan Chase said Tuesday that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs.The New York-based bank said it is working with law enforcement in some cases, although in a memo sent to employees it did not state how many employees may have unethically misused the programs, or what exactly they did.
The bank declined to comment beyond the memo.RELATED: Trump floats using extra $300B in coronavirus relief aid for second stimulus check“Unfortunately, we’ve also seen conduct that does not live up to our business and ethical principles — and may even be illegal,” the memo said.A photo illustration shows the American multinational investment bank and.