Prosecutors said William Frederick Reed fraudulently applied for three federal Paycheck Protection Program loans by ...

Efforts to defraud the program were substantial. According to the Inspector General’s 2022 report, at least 70,000 PPP loans were potentially fraudulent. [1] The Small Business Administration recently ...

three counts of loan fraud and four counts of forgery. All the charges are felonies. Prosecutors say Newman fraudulently applied for two PPP loans by lying about owning a business. According to ...

A new federal report finds over $400 billion in COVID-19 pandemic relief funds were lost to fraud, waste, and abuse. Here's ...

doing business as LeatherItaliaUSA, admitted to inflating payroll figures in order to meet loan forgiveness requirements under the PPP, a COVID-19 relief program established by Congress in 2020.

BOSTON (WWLP) – Prominent auto dealer Herbert G. Chambers, along with several of his affiliated companies and an executive officer, has agreed to pay $11.8 million to resolve allegations that ...

In a statement, Herb Chambers CEO Nicolas Gennetti explained that the settlement “is the result of conflicting professional advice regarding vague and unclear language in the PPP loan ...