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Facing federal PPP fraud investigations, online lender Kabbage files for bankruptcy
Miami Herald via AOL· 2 years agoOnline lender Kabbage was one of the biggest lenders in the first year of the Paycheck Protection...
Real estate agents got $3.9 billion in Covid relief PPP funds. The housing market boomed, but few...
NBC Universal via AOL· 2 years agoReal estate firms with one worker got $3.9 billion in government-approved Paycheck Protection...
Executives at 'fintechs' made hundreds of millions handing out PPP Covid cash, report says
NBC News via Yahoo News· 1 year agoExecs at one 'fintech' firm raked in $120 million in fees from handing out billions in PPP Covid...
LGBTQ-owned businesses were less likely to get COVID relief loans, study says. Here's the data.
USA TODAY via Yahoo News· 2 years agoLGBTQ-owned small businesses received COVID-19 relief funds at a lower rate than their non-LGBTQ...
3 Utahns accused of running COVID-19 relief fraud scheme face federal charges
KTVX via Yahoo News· 1 month agoSALT LAKE CITY (ABC4) — Three Tooele residents accused of running a loan fraud ring appeared before...
PPP program was awash in fraud. Now, one lender may finally face a legal reckoning
Miami Herald via AOL· 2 years agoThe Paycheck Protection Program was one of the signature federal economic relief measures in the...
FTC fines fintechs Biz2Credit, Womply $59M over PPP actions
Banking Dive via Yahoo Finance· 1 month agoThe agency claimed Biz2Credit misrepresented the timeline for application processing, and Womply had...
Former JSO officer pleads guilty to COVID relief fraud
WJAX via Yahoo News· 9 months agoDeconna Burke, 34, has pleaded guilty to wire fraud that involved COVID Relief Fraud and is facing...
Big3 Basketball Stands Out With Unforgiven PPP Loan
Sportico via Yahoo Sports· 10 months agoBig3 Basketball, the three-on-three professional league co-founded by entertainer Ice Cube, is feeling excluded these days. Last week, the rapper and...
Millions in PPP loans went to Somerset-area companies. A look at who received tax dollars.
The Daily American via Yahoo News· 2 years agoSomerset County businesses received 1,660 Payment Protection Program loans totaling $135 million during the pandemic. Nearly $118 million in loans were forgiven.