Shelby Township man gets 3 years in prison for $2.5M pandemic-era fraud

A Shelby Township man has been sentenced for his role in a fraud scheme involving nearly $2.5 million in pandemic-era relief ...
Federal Reserve Bank of San Francisco

Is the PPPLF Still Encouraging Small Business Lending?

The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small ...

Erie man accused falsifying PPP loans, money laundering

Federal authorities have filed charges against an Erie man, accusing him of stealing hundreds of thousands of dollars by ...
Palm Beach Post

Paycheck Protection Program fraud lined this woman's pockets. Now it sends her to prison.

Raisha Kelly, 44, of Loxahatchee, Florida, was sentenced to five years in prison for orchestrating a Paycheck Protection Program fraud scheme. Kelly conspired with 13 others to submit fraudulent loan ...

Erie man indicted on charges he misused $633,000 in COVID-19 loans

Aaron B. Collins is accused of committing bank fraud, money laundering by using COVID-19 business relief funds on personal ...
El Paso Times

El Paso businesswoman accused in $2.3 million fraud of COVID-19 relief PPP funds

Araceli Benitez allegedly advertised services to obtain Paycheck Protection Program loans. Benitez arrested in FBI, IRS investigation into COVID-19 relief fraud. Paycheck Protection Program was ...
Nation's Restaurant News

24 attorneys general urge Congress to fix broken Paycheck Protection Program

Adding to growing concerns about the Paycheck Protection Program, attorneys general from 24 states and the District of Columbia on Wednesday urged Congress to fix the loan process to better protect ...