Sandeep Grover had faced more than 12 years in prison for allegedly filing false Paycheck Protection Program loan ...

Rita Shaba, 39, of Macomb and Samer Kammo, 45, of Shelby Township, pleaded guilty Tuesday, Aug. 26, to conspiring to commit ...

Nathan Reis pleaded guilty last week to conspiracy to commit wire fraud; a Texas jury convicted his wife, Stephanie Hockridge, of the same charge in June.

The pandemic-era program yielded over $60 billion in fraudulent payments, with prosecutions expected for another five years.

Key Takeaways A third round of Paycheck Protection Program (PPP) loans was authorized by the passage of H.R. 133—Consolidated Appropriations Act, 2021 into law on Dec. 27, 2020.

Five Rio Grande Valley residents have been indicted for wire fraud in a scheme involving the Paycheck Protection Program (PPP ...

While many small-business owners complained of missing out on crucial funding from the Paycheck Protection Program, others mistakenly ended up receiving their money twice — or multiple times ...

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 ...

Ex-Stockton Mayor Anthony Silva faces federal fraud charges tied to a PPP loan, adding to a history of scandals.

Tucker pleaded guilty to conspiracy to commit wire fraud and bank fraud. Tucker faces a maximum penalty of 20 years in prison, and sentencing is scheduled for Dec. 4. A federal district court judge ...

A Paycheck Protection Program (PPP) loan, which the SBA classifies as a 7 (a) loan, is part of the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) Act, with $349 billion ...