The Department of Justice continues to have its task forces throughout the U.S. investigate and prosecute fraudulent use of funds from the Paycheck Protection Program (PPP) and Economic Injury ...
The agency is left with few options when it comes to selling collateral tied to a popular Covid-19 relief program. Here's where it's turning for help. The U.S. Small Business Administration needs help ...
After scammers made off with billions of dollars in pandemic-era emergency loans that were supposed to go to small businesses, the federal agency responsible for running that program is now giving up ...
In 2020 and 2021, COVID-19 Economic Injury Disaster Loans (EIDL) were a lifeline for small businesses. But now, some small businesses are having trouble paying them off. And a Small Business Credit ...
More than 1/3 of EIDL funds were squandered on potential fraud, says a report. The watchdog report released Tuesday that revealed how some $200 billion in COVID-19 aid was potentially misspent threw ...
Millions of business owners will soon need to determine how to pay back their Covid-19 relief loans. What happens for those who can't pay? This overlooked SBA program invests billions per year One ...
Of the $1.2 trillion in federal aid disbursed on an emergency basis to small businesses during the pandemic, at least $200 billion — or 17% — may have gone to scammers. That's the latest, most ...
Even as the U.S. economy continues to heal from the devastating impact of COVID-19, many small businesses are grappling with another serious financial challenge: repaying the federal pandemic relief ...
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When the pandemic hit, Cut Seven gym owners Chris and Alex Perrin did what it took for their business to survive. Unable to hold workouts inside, they held workouts on fields until they converted a ...
A Scranton man will spend years behind bars after fraudulently obtaining hundreds of thousands of dollars in pandemic relief funds. According to the U.S. Attorney's Office for the Middle District of ...