Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...

IRVINE, Calif. (KABC) -- An Irvine man allegedly obtained about $5 million in federal coronavirus-relief loans for his fake businesses and then spent the funds on himself, including buying Ferrari, ...

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 ...

BRUNSWICK COUNTY, N.C. (WECT) - A business headquartered in Brunswick County has agreed to pay nearly $1.5 million in restitution and penalties as part of a criminal settlement. Campbell Sales Group, ...

A Connecticut restaurant and lounge owner who admitted to defrauding pandemic relief programs for over $750,000 has been sentenced to over a year in federal prison. Omar Rajeh, 57, of Hamden, was ...

The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...

MORRISON, Colo. — A Morrison man will spend nearly four years in prison and has been ordered to pay more than $900,000 after he illegally obtained funds through the Paycheck Protection Program (PPP) ...

A Battle Creek-based manufacturer agreed to pay over $2.2 million after it received a PPP loan that it was ineligible for. Rosler Metal Finishing USA LLC has agreed to pay $2,289,505.40 to resolve ...

Three companies based in North America but owned by Chinese government-run enterprises have agreed to pay more than $21.6 million to the United States. This payment settles allegations that they ...