Six family members indicted for defrauding $166K in COVID-19 relief funds through fake PPP loans and unemployment claims in Brooklyn.

The SBA's Inspector General has highlighted $200 billion in potential fraud as loan defaults rise in Covid-19 relief programs. The agency disagrees. Businesses have defaulted on hundreds of thousands ...

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide emergency financial assistance during the pandemic. The CARES Act included funding in the form ...

Congresswoman Elaine Luria (D-VA-02) is pushing the SBA for answers on how it responds to questions on Paycheck Protection Program loans and Economic Injury Disaster Loans. In a letter to SBA ...

On August 5, President Biden signed two bills into law that extend to ten years the statute of limitations for civil and criminal enforcement actions for fraud on the Paycheck Protection Program (“PPP ...

LITTLETON, Colo. — A Littleton man is accused of illegally obtaining $952,819 by submitting a number of fraudulent Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) loans, ...

Update: The Paycheck Protection Program and Bank Fraud Enforcement Harmonization Act and the COVID-19 Economic Injury Disaster Loan Fraud Statute of Limitations Act were signed into law in early ...

In August, President Biden signed two bills into law that give the Department of Justice and other federal agencies more time to investigate and prosecute Paycheck Protection Program (“PPP”) and COVID ...

ATLANTA — Two family members have been sentenced to prison for their involvement in a scheme to defraud the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program.

Three years in prison is the average sentence imposed on individuals convicted of ripping off federal COVID-19 relief programs aimed at helping businesses and individuals, officials said this week.

A Louisiana man was sentenced to 10 years in prison for money laundering related to a fraudulent scheme involving Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) Program ...