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, ...

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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 ...

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 ...

Billionaire Herb Chambers will pay $11.8 million to settle allegations that his companies improperly obtained Paycheck Protection Program (PPP) loans. Chambers' companies allegedly sought loans ...

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 ...

PITTSBURGH — Two people from Washington County have been sentenced for trying to defraud the United States government by submitting false Payroll Protection Program (PPP) loan applications totaling ...

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 ...

A South Jersey health system is paying $3.1 million to settle allegations that it improperly took a loan from the federal Paycheck Protection Program during the Covid era. The payment by Shore Medical ...

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...

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 ...