The U.S. SBA offers many loan programs to help small businesses. Learn the basics about PPP, EIDL and 7(a) loans and which of ...

An Urbandale man has pleaded guilty to making false statements on a Paycheck Protection Program loan application and lying during later bankruptcy proceedings.Henry J. Schappert, 57, entered the ...

DUBLIN, CA (IANS) – An Indian American CEO of multiple software development and IT services companies has been sentenced to two years in prison for committing bank fraud and failing to pay more than ...

A Columbia woman pleaded guilty in federal court Tuesday for her involvement in a fraudulent Paycheck Protection Program (PPP) loan. Lakeysha Day, 45, pleaded guilty to one count of wire fraud on June ...

A Marina Del Rey man who admitted gaming pandemic relief rules for millions is headed to federal prison for a year. On Thursday, 73-year-old Mark Shehata of Marina Del Rey was sentenced to one year in ...

A North Carolina man has pleaded guilty after federal prosecutors said he obtained more than $170,000 from COVID-era business ...

Iowa businessman Henry Schappert pleaded guilty in June to charges related to PPP loan and bankruptcy fraud.

A former Metropolitan Police Department officer is again under federal scrutiny, accused of siphoning $18,345 in Paycheck Protection Program relief while trying to land a job with the Seattle Police ...

New York City-based LangInnov Inc. agreed to pay $50,000 and forgo $224,634.25 in unpaid funding from a National Science Foundation Small Business Innovation Research award, the US Attorney's Office ...

A North Carolina man has pleaded guilty after federal prosecutors said he obtained more than $170,000 from COVID-era business loan programs using false applications. Phillip Collins, 47, of Robeson ...

For more than three years, the case was held up amid questions over whether the pair were faking mental health symptoms to avoid facing prison time.