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 ...

Although the Paycheck Protection Program ended in 2021, PPP loan enforcement and litigation remain alive and well. Government and private actions during the past 12 months signal a continued focus on ...

Raisha Kelly, 44, of Loxahatchee, Florida, was sentenced to five years in prison for orchestrating a Paycheck Protection Program fraud scheme. Kelly conspired with 13 others to submit fraudulent loan ...

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Paula Wethington is a digital producer at CBS Detroit. She previously held digital content roles at NEWSnet, Gannett/USA Today network and The Monroe News in Michigan. She is a graduate of the ...

Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...

WEST PALM BEACH — A Boynton Beach man accused of defrauding a federal COVID-19 relief business loan program will serve time in prison after he pleaded guilty to state charges. Derrick Worrell, 48, ...

SAN ANTONIO – A former FBI employee from Schertz has been sentenced for his role in a Paycheck Protection Program fraud scheme. Christopher James Phillips, 41, was sentenced to three months of home ...

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 ...

Billionaire Herb Chambers will pay $11.8 million to settle allegations that his companies improperly obtained Paycheck Protection Program (PPP) loans. Chambers' companies allegedly sought loans ...

Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...

A unit of KeyCorp will pay $7.77 million to resolve allegations that the large regional bank violated the federal False ...