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 ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

An Alabama-headquartered bank with $157.4 billion in consolidated assets has agreed to settle allegations stemming from its ...

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 ...

Big companies that received loans under the Payment Protection Program may be forced to give it back. The Small Business Administration issued new guidelines for borrowers. It implies that if ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

Add Yahoo as a preferred source to see more of our stories on Google. A federal judge has sentenced a Loxahatchee woman described as the ringleader of a South Florida Paycheck Protection Program fraud ...

The Small Business Administration says it will not accept new Payment Protection Program or Economic Injury Disaster Loan applications yet, even though the U.S. Senate yesterday passed a new $480 ...

Allegations of fraud came to light through a previously sealed lawsuit brought by two whistleblowers. The whistleblowers will receive a combined 15% of the settlement amount, the U.S. Attorney’s ...

ROYAL OAK, Mich. (WXYZ) — The Small Business Administration has officially opened the application process for a new round of Payment Protection Program (PPP ...

Hoffmann Quality Tools received loan forgiveness under a COVID-19 program for which it was not eligible. Now, the company had to pay $1.4 million.

Raisha Kelly, 44, of Loxahatchee, Florida, was sentenced to five years in prison for orchestrating a Paycheck Protection Program fraud scheme. Kelly conspired with 13 others to submit fraudulent loan ...