The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ...

Brown, LLC helped achieve an $8.39 million settlement in United States v. Marymount Manhattan College, 24 Civ. 423 (JPO), a False Claims Act case brought by Brown, LLC’s client on behalf of the ...

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

KNOXVILLE, Tenn. (WATE) — A Rockford business has paid $2 million to the federal government to settle allegations that it wrongly applied for and received a Paycheck Protection Program (PPP) loan, ...

A former Merrill Lynch advisor has pleaded guilty to stealing more than $2.7 million dollars from investors and scamming the government’s pandemic program out of nearly $4.8 million. Jared Dean Eakes, ...

Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...

KNOXVILLE, Tenn. (WATE) — A Knoxville-based business has paid more than $1.4 million to settle allegations that it received forgiveness for a Paycheck Protection Program (PPP) loan that it was not ...

The founders of a financial technology firm that arranged pandemic relief loans for thousands of small businesses nationwide — including more than 3,200 on Long Island — are each facing up to 20 years ...

Former Stockton Mayor Anthony Silva is facing federal bank fraud and identity theft charges related to a $17,000 PPP loan. Silva allegedly misrepresented his business ownership to obtain the loan, ...

More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency fund disbursements ...

The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...