The United States Attorney’s Office announced William Philip Werschler, age 66, of Spokane, Washington, along with his businesses Spokane Dermatology Clinic, Premier Clinical Research LLC, and 3rd and Sherman Plaza LLC, have agreed to pay $1,400,000 to resolve claims under the False Claims Act related to alleged misspending of funds intended to benefit struggling businesses during the COVID-19 pandemic. According to the settlement agreement, beginning no later than April 2020 and continuing until at least July 2022, Werschler applied for Economic Injury Disaster Loan (EIDL) loans for his businesses: Spokane Dermatology Clinic, Premier Clinical Research, and 3rd and Sherman Plaza LLC. Shortly after receiving EIDL funds, Werschler made personal purchases of a 2011 Porsche 911 GT3 and a 1997 Porsche Carrera for a total of $252,375.00. Werschler also used $553,143 to purchase two properties across from his Spokane Dermatology Clinic. The purchase of personal automobiles and real property are both contrary to the proper use of EIDL funds. The global resolution entered into by Werschler and his companies also resolved related criminal charges.