Shelby Township man gets 3 years in prison for $2.5M pandemic-era fraud

A Shelby Township man has been sentenced for his role in a fraud scheme involving nearly $2.5 million in pandemic-era relief ...

Erie man indicted on charges he misused $633,000 in COVID-19 loans

Aaron B. Collins is accused of committing bank fraud, money laundering by using COVID-19 business relief funds on personal ...

Georgia Man Sentenced To Nearly 15 Years For $13 Million Covid Relief Fraud And Tax Schemes

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

Bronx Cop Hit With Indictment in $40K COVID Relief Cash Grab

According to News12 Bronx, prosecutors say Delgado submitted two separate Paycheck Protection Program applications between ...
Hoodline

San Francisco's ALICE + OLIVIA Settles for $3.2M Over False Claims in PPP Loan Acquisition

ALICE + OLIVIA settled for $3.2 million over false PPP loan claims, admitting misconduct in handling government funds aimed ...
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4 nonprofits to pay $3 million over PPP loan misuse in settlement with DC US attorney

Four non-profit organizations have agreed to pay over $3 million to settle allegations of improperly obtaining Paycheck Protection Program (PPP) loans. The U.S. Attorney’s Office for the District of ...
Federal Reserve Bank of San Francisco

Is the PPPLF Still Encouraging Small Business Lending?

The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small ...
UPI

Three Chinese-owned companies to pay $7.3M to settle PPP violations

Dec. 16 (UPI) --Three Chinese-owned companies agreed to pay $7.3 million to resolve allegations they submitted false claims to secure loans under a COVID-19-era program to help pay employees, the ...