Search results
PPP fraud investigation sees former Cook County correctional officer charged
Chicago Sun-Times· 10 hours agoJareli Reyes, who resigned from the sheriff’s office last year, obtained approval for a $20,833 PPP ...
Ballston Lake couple sentenced for PPP loan fraud
FOX 23 News Albany· 15 hours 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...
Kabbage to pay $120M in PPP fraud settlements with DOJ
Banking Dive via Yahoo Finance· 2 days agoThe second-largest PPP lender in the nation by application volume “knowingly submitted thousands of...
2 Illinois State Police officers accused of PPP loan fraud
Chicago Sun-Times· 6 days agoOn their loan applications, one said he ran a sports program for kids, listing “babysitting” as the...
Kabbage Inc. Agrees to Resolve Allegations That the Company Defrauded the Paycheck Protection...
The Gilmer Mirror· 3 days agoSmall Business Administration (SBA) in connection with its participation in the Paycheck Protection Program (PPP). Kabbage is now winding down its operations as KServicing ...
Nonprofit run by Lt. Gov.’s wife placed on state list to suspend funding for failing to submit...
WNCN via Yahoo News· 7 days agoThe nonprofit organization run by Lt. Gov. Mark Robinson’s wife Yolanda Hill was placed on a state...
Accountants pulled into dispute between investors in popular Chicago steakhouse
WBEZ 91.5 Chicago· 1 day agoOne of the country’s largest accounting firms has become entangled in the long-running legal battle...
False Claims Act trends and expected enforcement priorities for 2024
Reuters· 3 days agoThe Department of Justice's (DOJ or Justice Department) Civil Fraud Section recently announced that its False Claims Act (FCA) settlements and judgments in 2023 totaled nearly $2.7 billion.
Daily Financial Regulation Update -- Thursday May 9, 2024 | JD Supra
JD Supra· 6 days agoMay 8, 2024- U.S. House Committee on Financial Services Chair Patrick McHenry delivered remarks on the House floor in support of H.J.Res. 109,...
Economic Headwinds Abound, KeyBank's Continued Investment in Local Communities Keeps Small...
Morningstar· 2 days agoIn fact, KeyBank's 2024 Small Business Survey found 37% of small business owners anticipate that inflation will slightly increase their operating costs, and 27% expect a significant increase ...