A New Jersey man who pleaded guilty to conspiracy to commit wire fraud and money laundering was sentenced to 33 months in prison for his role in fraudulently obtaining Paycheck Protection Program ...

Creed White, 67, was sentenced to 10 years in federal prison along with $11.5 million in restitution from a case involving ...

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 ...

MIAMI, Fla. (CBS12) — A South Florida man is accused of falsely submitting COVID-19 relief loans, fraudulently receiving over $500,000. A federal grand jury charged 44-year-old Emmanuel Bully, Jr., of ...

A former Columbus resident has pleaded guilty to fraudulently obtaining and using more than $1 million in applications for federal COVID-19 relief loans for businesses. James P. Dawson, 40, pleaded ...

Adolphus Obioha told a federal judge he made an honest mistake when he applied for a pair of small-business loans totaling more than $426,000 during the height of the COVID-19 pandemic. In his loan ...

After years of deliberation, the Small Business Administration has decided that it will not sell one of its pandemic-era loan portfolios–one that has an estimated default rate in the double-digits. It ...

MONTGOMERY, Ala. (WTVM) - A Phenix City man has learned his fate after pleading guilty to wire fraud and money laundering charges related to loans he received through the Coronavirus Aid, Relief, and ...

CLINTON, Mont. — A Clinton roofing company owner admitted to COVID-19 relief loan fraud or more than $400,000. Damon Alexander Wahl, 46, admitted to allegations that he used a federal business loan ...

Early in the pandemic, the government rolled out a couple of big loan programs aimed at helping small businesses survive. There was the Paycheck Protection Program, which offered loans that were ...

CHARLESTON, S.C. (WCIV) — A Charleston man who pleaded guilty to fraudulently obtaining more than $80,000 in COVID relief funds was sentenced to one year in federal prison, the United State Attorney's ...