Search results
FTC fines fintechs Biz2Credit, Womply $59M over PPP actions
Banking Dive via Yahoo Finance· 3 months agoThe agency claimed Biz2Credit misrepresented the timeline for application processing, and Womply had...
House panel: Ariz. company co-founded by newscaster made millions on fraudulent PPP loans
AZCentral | The Arizona Republic via Yahoo News· 2 years agoA congressional panel is recommending several tech and lending companies be investigated for fraud...
Fintechs are under scrutiny over fraudulent PPP loans and small businesses could suffer. Here are...
Business Insider via Yahoo Finance· 1 year agoRep. Jim Clyburn of South Carolina is the chair of the House Select Subcommittee on the Coronavirus...
PPP firms gave selves loans, bought Porsche, $8M home, says report on COVID loan fraud
Miami Herald via AOL· 2 years agoSome of the most prolific online lenders in the federal Paycheck Protection Program had remarkably...
Kabbage to pay $120M in PPP fraud settlements with DOJ
Banking Dive via Yahoo Finance· 1 month agoThe second-largest PPP lender in the nation by application volume “knowingly submitted thousands of...
House panel says lax screening helped facilitate PPP fraud
Associated Press via Yahoo News· 2 years agoFinancial technology firms abdicated their responsibility to screen out fraud in applications for a...
Pandemic relief fraud report says online financial company CEOs, family got rich
USA TODAY via Yahoo News· 2 years agoA congressional subcommittee issued its final report Thursday about financial fraud supercharged by...
Chicanos Por La Causa lending program faces investigation as part of COVID-19 loan fraud scandal
AZCentral | The Arizona Republic via Yahoo News· 2 years agoThe U.S. Small Business Administration is investigating the lending arm of one of Arizona's most...
Fintech Companies Facilitated Massive Covid Aid Fraud: Report
The Fiscal Times via Yahoo Finance· 2 years agoThe Paycheck Protection Program, the pandemic aid effort that provided nearly $800 billion in...
We need to crack down on fraud. Here’s what Floridians should do | Opinion
Miami Herald via Yahoo News· 1 year agoIn recent weeks, we’ve heard from both sides of the aisle in Washington, D.C., about cutting...