The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small business lending during the pandemic. The liquidity facility allowed banks to ...

Federal prosecutors claim that Carl Delano Torjagbo siphoned millions in Paycheck Protection Program (PPP) funds and filed fraudulent tax returns to generate false tax refunds. On January 27, 2026, ...

Attorney General Kwame Raoul obtains $20,000+ restitution from Rachel Jordan for PPP loan fraud in Chicago during the COVID-19 pandemic.

The Garber Management Group Inc. in Saginaw will pay $1.5M to settle allegations of PPP loan fraud. This information is from a sealed lawsuit originally filed under the whistleblower provisions of the ...

A Palm Beach County Sheriff's Office deputy, Bedson Raymond, pleaded guilty to defrauding the Paycheck Protection Program and ...

St. Louis contractor Coretta Elliott sentenced to 3 years for $1.7M COVID-19 PPP loan fraud involving false claims and misuse of funds.

Federal prosecutors say a Hollywood Hills man turned pandemic relief into a personal jackpot, and now he has admitted it in ...

Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower ...

Indiana House approves Bears stadium bill The Indiana House of Representatives passed legislation to establish a Northwest ...

The Chicago-based lender service provider, which has helped build Northeast Bank in Maine into an SBA powerhouse, has ...

A Hollywood Hills man pleaded guilty Friday to pocketing more than $3.8 million in COVID-19 business-relief loans for shell companies he set up with his then-wife. Gevork George Dagliyan, 50, entered ...

A Hollywood Hills man pleaded guilty Friday to pocketing more than $3.8 million in COVID-19 business-relief loans for shell companies he set up with his then-wife. Gevork George Dagliyan, 50, entered ...