Four companies and three owners settle for $2.65 million over fraudulent PPP loan claims; allegations included inflated payroll figures and misrepresentation of fund use.

An Indian-origin businessman, Rahul Shah, from Chicago, was sentenced to six years in prison for his role in schemes to ...

Former SBA and IRS employee Attallah Williams is charged with embezzling $3.5 million from COVID-19 relief funds.

Thousands of Minnesota borrowers are suspended from the U.S. Small Business Administration for suspected fraud activity. Officials say borrowers were approved for 7,900 Paycheck Protection Program and ...

A Belleair man was found guilty of COVID loan fraud while using his former business partner’s identity, who died in 2019.

Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity regarding pandemic-era lending programs. Loeffler said the SBA ...

The Harvard Club of Boston will pay $2.4 million to settle a U.S. Department of Justice investigation into allegations that ...

A unit of KeyCorp will pay $7.77 million to resolve allegations that the large regional bank violated the federal False ...

Hampton woman Attallah Williams charged in $3.5M COVID fraud scheme after allegedly using her jobs at the SBA and IRS to ...

Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her ...

A group of senators is pushing the Small Business Administration to give a detailed breakdown of its probe of the sweeping ...

A 40-year-old woman has been sentenced for her role in a fraud scheme involving over $3 million in pandemic-era assistance, ...