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 ...
On March 27, 2020, the CARES Act was signed into law to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic, including in the form of ...
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.
Press release from Buncombe County: More than 400 local businesses could benefit from Paycheck Protection Program (PPP) loan forgiveness. According to reports from the Federal Government’s Pandemic ...
After numerous headlines, press releases, and law enforcement efforts, including the Department of Justice’s new COVID-19 Fraud Strike Force teams, there may be increased traffic at the intersection ...
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 ...
A 59-year-old man was sentenced Thursday to 15 years in federal prison after admitting to a $4 million Paycheck Protection Program Loan fraud scheme out of Plainview. Andrew Travis Johnson appeared ...
HOUSTON – A federal jury convicted a man on Wednesday for his role in a scheme to fraudulently obtain and launder millions of dollars in forgivable Paycheck Protection Program (PPP) loans guaranteed ...
Amid the debate about whether fintechs should have a larger role in government-backed small-business lending programs, a new report claims fintechs processed billions in fraudulent PPP loans. Several ...
Shelitha Roberston has been found guilty on multiple counts of wire fraud for misusing Paycheck Protection Program (PPP) loans. Atlanta lawyer Shelitha Robertson has been found guilty of fraud for ...
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