Six family members indicted for defrauding $166K in COVID-19 relief funds through fake PPP loans and unemployment claims in Brooklyn.
As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...
Prosecutors say the settlement resolves serious allegations under the False Claims Act. Here's how much they'll pay.
Some small businesses that received loans from the government's Paycheck Protection Program during the COVID pandemic were eligible for loan forgiveness, but they decided to repay the money anyway.
The Paycheck Protection Program is back in the spotlight as sparring continues over President Joe Biden's student loan forgiveness plan. President Biden's announcement that it would cancel up to ...
RALEIGH, N.C. (WTVD) -- A scam alert for small business owners. This scam targets business owners who got financial relief from the Paycheck Protection Program during COVID-19. The PPP loans didn't ...
Sharnae Every was sentenced to 41 months for creating over 110 fake PPP loans, including supervised release and a fee, following an investigation by the PRAC.
A group of small businesses allege in a new lawsuit that Bank of America left them with unforeseen debt after overstating the amount of their pandemic aid that was eligible for loan forgiveness. In a ...
Fewer than 10% of all Paycheck Protection Program loans remain unforgiven, and the majority of those belong to one-person businesses — companies the program most intended to help. We've been talking ...