Search results
PPP Loan Prosecutions Appear to Be in the Technical Non-Compliance Phase | JD Supra
JD Supra· 6 days agoThe PPP allowed qualifying small businesses and other organizations to receive unsecured loans at an interest rate of 1%, but required ...
Online bank Kabbage agrees to pay $120 million to settle COVID-19 fraud charges
Newsday· 2 weeks agoKabbage Inc. was the second-largest lender in the federal Paycheck Protection Program, based on the...
PPP fraud investigation sees former Cook County correctional officer charged
Chicago Sun-Times· 2 weeks agoJareli Reyes, who resigned from the sheriff’s office last year, obtained approval for a $20,833 PPP ...
Detroit man pleads guilty to defrauding loan program
WKBN 27 Youngstown· 1 week agoA man from Detroit pleaded guilty to a fraud conspiracy charge May 15 involving the Paycheck Protection Program.
Kabbage to pay $120M in PPP fraud settlements with DOJ
Banking Dive via Yahoo Finance· 2 weeks agoThe second-largest PPP lender in the nation by application volume “knowingly submitted thousands of...
These metro Birmingham companies got the largest SBA loans in 2023 - Birmingham Business Journal
The Business Journals· 2 weeks agoLoans through the Small Business Administration's 7(a) program increased nationally in 2023, and in...
Ballston Lake couple sentenced for PPP loan fraud
FOX 23 News Albany· 2 weeks agoA Ballston Lake couple has received a sentence to time served as well as two years of probation for conspiring to defraud loan programs for struggling...
Michigan man pleads guilty for involvement in largest known PPP fraud in Western PA
WJET - WFXP Erie· 6 days ago(WJET/WFXP) — A Michigan resident pleaded guilty to a fraud conspiracy charge after being involved...
Former Montgomery County restaurant owner indicted for almost $1M in alleged PPP and RRF fraud -...
The Business Journals· 1 week agoAttorney's Office for the Eastern District of Pennsylvania announced. Leone was granted two...
PPP loan fraud accusations, again — this time, involving Illinois State Police officers
Chicago Sun-Times· 2 weeks agoMany Illinoisans likely had that sinking feeling reading ...Main’s story identifying two more law enforcement officers participating in the larger national PPP $64 billion ...