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.

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

Luxury cars, homes, jewelry and casino trips were among the spoils of some of the biggest pandemic era fraud cases, according to a CBS News review of five years of government records and data.

The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...

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 ...

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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 ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

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