Add Yahoo as a preferred source to see more of our stories on Google. WEST PALM BEACH — A Boynton Beach man accused of defrauding a federal COVID-19 relief business loan program will serve time in ...
Although the Paycheck Protection Program ended in 2021, PPP loan enforcement and litigation remain alive and well. Government and private actions during the past 12 months signal a continued focus on ...
The federal government is still investigating allegations of pandemic-related fraud. A founder of the lender service provider Blueacorn has entered a guilty plea in connection with a scheme to ...
Add Yahoo as a preferred source to see more of our stories on Google. A federal judge has sentenced a Loxahatchee woman described as the ringleader of a South Florida Paycheck Protection Program fraud ...
Dec. 16 (UPI) --Three Chinese-owned companies agreed to pay $7.3 million to resolve allegations they submitted false claims to secure loans under a COVID-19-era program to help pay employees, the ...
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 ...
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 ...
In response to widespread concern from the business community around the popular Paycheck Protection Program (the “PPP”), the Paycheck Protection Program Flexibility Act (the “PPPFA”), enacted on June ...
Johnley Jorcilien, 34, received 10 years probation for laundering nearly $350,000 in fraudulent PPP loans. Jorcilien pleaded guilty and will serve one year of house arrest and pay restitution. He ...
A recent New York Times article is critical of the Paycheck Protection Program, one of the key components of the government’s response to the onset of the Covid-19 pandemic and associated lockdowns.
A California rehabilitation center operator knowingly received more than one Paycheck Protection Program loan prior to Dec. 31, 2020, and was ordered pay the $1.5 million in damages and penalties, a ...
Enacted March 27, 2020, the Paycheck Protection Program (PPP) was the most ambitious and creative fiscal policy response to the Pandemic Recession in the United States. PPP offers forgivable loans — ...
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