The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...

An Alabama-headquartered bank with $157.4 billion in consolidated assets has agreed to settle allegations stemming from its ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The court said the pastor ...

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Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

Although it disagreed with the claims, the bank said it settled with the Justice Department this month “with the goal of ...

In March of this year, the SBA began referring around $20 billion in delinquent PPP Loans with balances of less than $100,000 to the Treasury Department for collection, and another 10,000 delinquent ...

A federal district judge in Lubbock told a Plainview woman who admitted to concealing a $3.5 million Paycheck Protection Program Loan fraud scheme that the greed and lack of remorse she displayed ...

Hoffmann Quality Tools received loan forgiveness under a COVID-19 program for which it was not eligible. Now, the company had to pay $1.4 million.

PITTSBURGH — Two people from Washington County have been sentenced for trying to defraud the United States government by submitting false Payroll Protection Program (PPP) loan applications totaling ...