The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small business lending during the pandemic. The liquidity facility allowed banks to ...

Johnley Jorcilien, 34, received 10 years probation for laundering nearly $350,000 in fraudulent PPP loans. Jorcilien pleaded guilty and will serve one year of house arrest and pay restitution. He ...

City Inspector General Deborah Witzburg on Wednesday said her office has prioritized the fraud cases involving police "because they occupy positions of tremendous public trust." ...

ALGONA, Iowa (KUOO) - A former sergeant in the Cuban military who obtained fraudulent checks through the Paycheck Protection Program was sentenced to four years in federal prison. KUOO Radio is ...

The company applied for and obtained a loan despite knowing it did not meet the requirements.

Charlotte company Okaya Shinnichi Corporation of America was ordered to pay nearly $1.2 million regarding allegations that fraudulently obtained COVID-era federal loans. The U.S. Attorney’s Office of ...