Fintech lenders helped speed the delivery of forgivable government loans to small businesses crushed by the pandemic. But these tech-savvy lenders may also have opened the door to widespread fraud and ...
"We just want what everyone else has gotten," said co-counsel for the hotel groups in the multidistrict litigation. Frustrated by the lack of resolution and the ongoing impact on their operations, six ...
On Thursday, it was revealed that the disgraced DILF of Real Housewives of Beverly Hills, Mauricio “Mo” Umansky, was being sued. Why? For—allegedly—fraudulently obtaining $3.5 million in pandemic ...
BOSTON – A Stoughton man pleaded guilty in federal court Thursday to fraudulently obtaining COVID-19-related small-business loans from financial institutions, the U.S. attorney's office said. Patrick ...
The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...
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 ...
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 United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
Few things are as core to our political debates these days as whataboutism and charges of hypocrisy. It’s much easier to accuse the other side of ceding the moral high ground than to defend your own ...
IRVINE, Calif. (KABC) -- An Irvine man allegedly obtained about $5 million in federal coronavirus-relief loans for his fake businesses and then spent the funds on himself, including buying Ferrari, ...
The Small Business Administration (SBA) is giving entrepreneurs a 60-day goodwill grace period to pay back COVID-19 PPP and EIDL loans under $100,000. The Small Business Administration (SBA) is giving ...
Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...