Federal prosecutors claim that Carl Delano Torjagbo siphoned millions in Paycheck Protection Program (PPP) funds and filed fraudulent tax returns to generate tax refunds.

WASHINGTON - A loan program meant to help small businesses stay afloat and pay their employees has returned five months after its first two rounds of funding ended. The U.S. Small Business ...

Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her ...

The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small business lending during the pandemic. The liquidity facility allowed banks to ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

A Chesterfield woman pled guilty on Thursday to making false claims to steal from multiple COVID-19 relief programs.

Araceli Benitez allegedly advertised services to obtain Paycheck Protection Program loans. Benitez arrested in FBI, IRS investigation into COVID-19 relief fraud. Paycheck Protection Program was ...

QP Holdings LLC, a Fort Smith-based plastic engineering company, will be required to pay back $3.3 million worth of Paycheck ...

Tiawana Brown, a former Charlotte City Councilwoman, is expected to formally plead guilty in federal court in connection with ...

Trump SBA suspends over 111,000 California borrowers in massive fraud crackdown involving $9 billion in suspected pandemic ...

As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans ...

The SBA will begin accepting Shuttered Venue Operators Grant applications on April 8. Entities interested in applying can sign up for updates via a splash page for the new SVOG application portal. The ...