The SBA has transmitted the borrowers to the DOJ. And with today’s referral, Treasury will begin collecting on the outstanding debt as part of the Trump Administration’s commitment to recouping stolen ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

JACKSONVILLE, Fla. – A 30-year-old Jacksonville woman pleaded guilty on Tuesday to several charges including wire fraud involving the COVID-19 Paycheck Protection Program (PPP), according to the ...

Three companies based in North America but owned by Chinese government-run enterprises have agreed to pay more than $21.6 million to the United States. This payment settles allegations that they ...

Treasury Secretary Steven Mnuchin defended his department’s decision to only release a partial list of the Paycheck Protection Program’s loan recipients, but said Congress could obtain additional ...

More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency fund disbursements ...

IRVINE, Calif.--(BUSINESS WIRE)--Crestmont Capital (Crestmont), a leader in small business lending, today announced it facilitated more than $740 million in first and second draw Paycheck Protection ...

The Small Business Administration Office of Inspector General reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to guidance published in SBA’s ...

ROANOKE, Va. (WDBJ/US Attorney’s Office Release) - A Roanoke woman who “orchestrated a wide-ranging conspiracy to commit wire fraud as part of a scheme to steal from the Small Business Association’s ...

The Small Business Administration’s final rules were issued Friday morning on how to apply for funding available from the $349 billion Paycheck Protection Program included in the Coronavirus Aid, ...