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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 ...
The Small Business Administration Office of Inspector General reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to guidance published in SBA’s ...
Two California companies and their owners have agreed to pay more than $153,000 to resolve allegations that they fraudulently obtained Paycheck Protection Program (PPP) loans in violation of the False ...
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 ...