CBS News: Richard K. Gordon, director of the Financial Integrity Institute and professor of law, explained that the Payroll Protection Program application process itself created the opportunity for ...

The rest of the loan money landed in the pockets of the company's owners and shareholders, according to a new report. Why the rollout of the $2 trillion CARES Act was a colossal mess Desperate ...

HARRISBURG, Pa. — The United States Attorney’s Office for the Middle District of Pennsylvania this week sent out a public warning about a nationwide scam to trick unsuspecting people into paying ...

Defendants pleaded guilty to conspiracy. PPP loans were designed to help small businesses keep their workers on payroll during the Covid-19 pandemic. While loans were obtained from various lenders, ...

PITTSBURGH — Two people from Washington County have been sentenced for trying to defraud the United States government by submitting false Payroll Protection Program (PPP) loan applications totaling ...

The deadline to apply for the Payroll Protection Program is approaching for businesses struggling due to the COVID-19 pandemic. The Small Business Administration program terminates in a week. The aid ...

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 ...

KANSAS CITY, Mo. — A Kansas City-area woman pleaded guilty to charges connected to loan fraud with the federal Payroll Protection Program intended to help small businesses during the COVID-19 pandemic ...

EDGEWOOD, N.Y., April 13, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) (the “Company”) announced that it closed on a $4.8 million loan under the Payroll ...