2UrbanGirls on MSNOpinion

SBA sends 562,000 suspected fraudulent loans to Treasury for collections totaling $22 billion

WASHINGTON — In coordination with the White House Task Force to Eliminate Fraud, the U.S. Small Business Administration (SBA) ...

Biden admin 'deliberately protected' 562K pandemic-era loans in $22.2B suspected fraud scheme: SBA, Vance

The SBA says it referred 562,000 suspected fraudulent pandemic loans totaling over $22.2 billion to the Treasury, accusing ...
Forbes

FinTech Founder Pleads Guilty In Paycheck Protection Program Fraud Scheme

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 ...

Michigan man accused of fraudulently receiving over $5.2M in pandemic-era federal relief funds

A Michigan man is facing two charges after a federal agent said in a criminal complaint that he fraudulently received over $5.2 million in Paycheck Protection Program loans during the COVID-19 ...
Time

'We Never Agreed to Full Transparency.' Treasury Secretary Steven Mnuchin Defends Limits on Paycheck Protection Program Disclosures

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 ...
News4Jax

Jacksonville woman pleads guilty to credit scheme, COVID-19 relief fraud involving Paycheck Protection Program

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 ...
JD Supra

Client Alert: Heightened Enforcement Risk for Ineligible Recipients of Paycheck Protection Program Loans

The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...