Republican U.S. Representative Matt Gaetz owned corporate stock in a company that received nearly $500,000 in Paycheck Protection Program (PPP) loans forgiven in 2020, but users online are claiming ...
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 ...
Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.
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 ...
The YouTubers MrBeast and Jeffree Star and the esports company FaZe Clan received loans meant to help companies struggling in the pandemic.
More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency fund disbursements ...
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