Search results
Feds say former LoDo hotel owner defrauded pandemic program of $450K
Denver Post· 1 day agoThen, when he needed more money in 2022, he allegedly filed one more false loan application — this...
Kabbage Inc. Agrees to Resolve Allegations That the Company Defrauded the Paycheck Protection...
The Gilmer Mirror· 5 days agoThe Justice Department announced today that now-bankrupt financial technology company Kabbage Inc., doing business as KServicing, has agreed to resolve allegations that it violated the False ...
JD Supra: The PPP Turns Four: Lessons Learned and What Lies Ahead
JD Supra· 6 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 (SBA< ...
Kabbage to pay $120M in PPP fraud settlements with DOJ
Banking Dive via Yahoo Finance· 3 days agoThe second-largest PPP lender in the nation by application volume “knowingly submitted thousands of...
Online bank Kabbage agrees to pay $120 million to settle COVID-19 fraud charges
Newsday· 2 days agoIsland and elsewhere — has agreed to pay up to $120 million to settle fraud charges, prosecutors...
...Submitting False Claims Against the United States in Relation to COVID-19 Fraud Scheme – Agrees...
Sierra Sun Times· 4 days agoMay 14, 2024- SACRAMENTO, Calif. — Jason Toland, 43, of Wheatland, pleaded guilty on Monday to one...
Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes
Reuters via Yahoo Finance· 1 day agoJeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November...
NJ’s Economy Needs Government Structural Reform Now
New Jersey Business Magazine· 1 day agoThe disappointing conclusion to the FY21 state budget debate, which left New Jersey spending too much, borrowing too much, and taxing too much, offered...
False Claims Act trends and expected enforcement priorities for 2024
Reuters· 4 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.