A married couple who founded a PPP lender service provider is facing a federal indictment in connection with a scheme to fraudulently obtain COVID relief money. Reis and Hockridge launched a company ...

The company never disclosed its foreign majority ownership or its overseas workforce when it applied for pandemic small ...

A south suburban man was sentenced to 10 years in federal prison Tuesday in a massive, $14 million fraud scheme where he ...

A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...

Two founders of fintech firm Blueacorn were indicted in connection to a widespread Paycheck Protection Plan fraud scheme in the Northern District of Texas, the Department of Justice announced Friday.

A Kansas City woman pleaded guilty to PPP loan fraud totaling more than $1.3 million.

A Connecticut man has been arrested in connection with an alleged scheme to defraud a COVID-19 pandemic relief program of hundreds of thousands of dollars. Yasir G. Hamed, 59, of Woodbridge, has been ...

A Connecticut restaurant and lounge owner who admitted to defrauding pandemic relief programs for over $750,000 has been sentenced to over a year in federal prison. Omar Rajeh, 57, of Hamden, was ...

The two allegedly submitted false loan applications to Paycheck Protection Program lenders using inactive businesses and ...

While the COVID-19 pandemic may feel like a distant memory for many, its effects continue to reverberate for others—particularly for businesses that obtained loans through the Paycheck Protection ...

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...

The U.S. Small Business Administration and the Treasury Department will reopen the Paycheck Protection Program Jan. 11 to new borrowers and certain existing PPP borrowers, the agency said Friday. “To ...