Six individuals, four of them Brooklyn residents and from the same family, were indicted for allegedly conspiring to steal ...

Two New York-based transportation companies have agreed to pay $4.4 million to settle allegations they improperly obtained federal COVID relief loans meant for small businesses. 3rd Avenue Transit, ...

Six family members were indicted for stealing $166,000 from COVID-19 relief funds by creating fake companies and submitting ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

A Jacksonville woman was sentenced to three years in prison for credit scheme and COVID relief fraud, where she illegally ...

The PPP program bailed out the Georgia-based online lender, which went from furloughing employees in March 2020 to being an appealing takeover target in a matter of months thanks in part to the $7 ...

Karen Gaston, 45, of East Granby, was sentenced to three years of probation and must also spend four weekends locked up and ...

The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...

As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...

But the program, which tasked banks and other private lenders with processing applications, was beset by fraud from its earliest days in the spring of 2020, with some recent estimates suggesting that ...

The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were ...