Investigators say Johnley Jorcilien paid kickbacks and bought a luxury car with fraudulent Paycheck Protection Program loans.
When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
The Paycheck Protection Program is one of the most successful government programs ever created. It distributed $800 billion of forgivable loans during the once-in-a-century pandemic to over six ...
The Long-Term Effects Felt by Lenders Nationwide. As a result of the United States government instituting the Paycheck Protection Program (“PPP”), companies nationwide have defaulted on hundreds of ...
Treasury Secretary Steven Mnuchin defended his department’s decision to only release a partial list of the Paycheck Protection Program’s loan recipients, but said Congress could obtain additional ...
FORT LAUDERDALE, Fla. — A 41-year-old Port St. Lucie man and former Broward Sheriff’s Office detention lieutenant was charged with two counts of wire fraud for allegedly fraudulently obtaining ...
A new congressional report finds that financial technology companies enabled fraud in the Paycheck Protection Program, which gave forgivable loans to small businesses during the pandemic. Rampant ...
Executives at Womply and Blueacorn, which facilitated millions of Paycheck Protection Program loans, flouted rules and themselves collected improper loans, investigators said. By Stacy Cowley Top ...
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