KS Bank, the NC Bankers Association, as well as state and federal banking regulators are seeing a scam increasingly spreading ...

Federal prosecutors alleged the company falsely certified eligibility for a $1 million COVID relief loan in 2020 despite franchise status making it ineligible.

Two foreign-controlled companies have agreed to pay more than $1.7 million after federal officials said they weren’t eligible for the COVID relief loans they took. Setterstix Inc. and MAE-EITEL Inc.

Luxury cars, homes, jewelry and casino trips were among the spoils of some of the biggest pandemic era fraud cases, according ...

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 ...

One of the founders of Blueacorn — a fintech developed during the heyday of the pandemic-era Paycheck Protection Program — was found guilty by a federal jury of conspiring to fraudulently obtain tens ...

Kaylee Lunn, a former executive at Prosperity Bank, was sentenced to 48 months in federal prison for wire fraud related to ...

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Illinois Attorney General Kwame Raoul has charged two state workers with fraudulently receiving Paycheck Protection Program loans. Candice Brumfield, 23, of Woodridge, faces one count of theft by ...

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SBA launches federal probe into Somali community groups linked to $1 billion Minnesota COVID fraud scandal involving Gov. Tim ...

Prosecutors say the settlement resolves serious allegations under the False Claims Act. Here's how much they'll pay.