A Marina del Rey man pleaded guilty Thursday to submitting fraudulent loan applications to obtain nearly $3.2 million in COVID-19 loans for businesses that prosecutors say were shell companies. Mark ...

The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...

A Norway man has been sentenced to two years in prison and ordered to pay $253,646 in restitution for filing fraudulent applications for loans from the federally funded Paycheck Protection Program.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A federal judge sentenced a ...

Two California companies and their owners have agreed to pay more than $153,000 to resolve allegations that they fraudulently obtained Paycheck Protection Program (PPP) loans in violation of the False ...

GEORGETOWN (KXAN) — A Georgetown woman was convicted by a federal jury after receiving more than $2 million from fraudulent Paycheck Protection Program, or PPP, loan applications, according to the U.S ...

A St. Louis contractor has pleaded guilty to illegally obtaining $1.7 million in COVID-19 pandemic relief loans.

The Small Business Administration will begin accepting Paycheck Protection Program loans next week after President Donald Trump signed a $480 billion relief package into law on Friday, according to a ...

WASHINGTON (7News) — Ward 8 ANC Commissioner Clayton Rosenberg was sentenced to five years and three months in prison for wire fraud, officials from theU.S. Attorney's Office, Eastern District of ...

The Small Business Administration will resume accepting applications on Monday for the Paycheck Protection Program, or PPP, and borrowers that have already applied will be back in contention, ...

On March 27, 2020, the CARES Act was signed into law to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic, including in the form of ...

The technology glitches were reminiscent of those that plagued the first phase. The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and -- once again -- ...