Detroit CPA Matthew Lloyd Parker, 37, was sentenced to two years in prison and ordered to pay $14.5 million in restitution ...

Malaina Chapman, of Hialeah, was the first SBA employee charged with defrauding the agency’s pandemic loan programs.

Matthew Lloyd Parker, 37, was sentenced to 24 months in prison followed by four years of supervised release and ordered to ...

Authorities alleged he and other co-defendants defrauded the Small Business Administration and lenders of $14.5M in Paycheck ...

A Detroit man has been sentenced to prison and ordered to pay $14.5 million in restitution in connection with a fraud scheme ...

Former business partners and customers are on the witness list for the wire fraud trial involving a former Valley newscaster.

NEW YORK, NY (IANS) – Two men have pleaded guilty to their role in a scheme to fraudulently obtain and launder millions of dollars in forgivable Paycheck Protection Program (PPP) loans that the ...

According to court documents and evidence presented at her trial, Baver — who lives in Utah — submitted eight fraudulent PPP loan applications for her company, Allison Baver Entertainment LLC.

Participating lenders received processing fees from the Small Business Administration for handling the PPP loan applications. The lenders funded the loans, which were 100% guaranteed by the SBA ...

An estimated $400 billion of COVID-aid was improperly allocated to falsified or stolen Social Security numbers, according to ...

Today we hear from the U.S. Federal Reserve. We can expect no change to overnight fed funds. As pointed yesterday by Dr. Paul ...

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