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Kabbage to pay $120M in PPP fraud settlements with DOJ
Banking Dive via Yahoo Finance· 17 hours agoThe second-largest PPP lender in the nation by application volume “knowingly submitted thousands of...
PPP loan fraud accusations, again. This time, the alarm bells involve Illinois State police...
Chicago Sun-Times· 1 day agoOne officer, an Illinois State Police master trooper, admitted he fibbed when he listed “babysitting” as his principal business on his loan application. The other officer, ...
2 Illinois State Police officers accused of PPP loan fraud
Chicago Sun-Times· 4 days agoOn their loan applications, one said he ran a sports program for kids, listing “babysitting” as the...
Calaveras County Man Sentenced for COVID-19 Paycheck Protection Program Fraud – Ordered to Pay...
Sierra Sun Times· 1 day agoAttorney Phillip A. Talbert announced. Congress created the PPP in March 2020, as part of the...
JD Supra: The PPP Turns Four: Lessons Learned and What Lies Ahead
JD Supra· 3 days agoFour years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become the largest Small Business Administration ...
Kabbage Inc. Agrees to Resolve Allegations That the Company Defrauded the Paycheck Protection...
The Gilmer Mirror· 2 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 ...
Kabbage Resolves PPP Fraud Claims For $120 Million
Market Watch· 1 day agoBankrupt small-business loan platform Kabbage agreed to resolve allegations that it improperly approved pandemic-era Paycheck Protection Program loans, officials said Monday ...
...: Federal prosecutors take us inside South Florida’s most shocking cases of COVID relief fraud -...
7 News Miami· 1 hour agoNow in exclusive interviews, federal prosecutors take us inside South Florida’s most shocking cases...
Editorial: Big spending requires many eyes
Traverse City Record-Eagle· 5 days agoAccording to a January 2024 FBI report, officials estimated that fraud took $64 billion from PPP and $136 billion from EIDL coffers, combining to make the ...
Father, Son Argue for New Trials in $1.7 Million PPP Fraud Case
Bloomberg Law· 5 days agoA father and son seeking to undo convictions related to $1.7 million Paycheck Protection Program loan fraud urged the Fourth Circuit to grant them new trials ...
