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Paycheck Protection Program fraud lined this woman's pockets. Now it sends her to prison.
Raisha Kelly of Loxahatchee also will be on the hook for nearly $500,000 in restitution once her prison term ends, according to federal prosecutors.
The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...
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 ...
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 ...
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 ...
The United States Department of Justice (“DOJ”) has intensified civil fraud investigations aimed at borrowers who obtained Paycheck Protection Program (“PPP”) loans despite falling outside the class ...
CARY, N.C. (WTVD) -- UPDATE: Now that the Paycheck Protection Program has been rolled out, challenges have emerged as countless people have flocked to enroll. Financial expert David Schawel returns to ...
With stay-at-home orders in place across the U.S., revenues for the nation’s 30 million small business have dried up, and many businesses have had to lay off employees. To aid these companies and ...
TENAFLY, New Jersey (WABC) -- The second round of the Payroll Protection Program, or PPP stimulus money, to help businesses is rolling out much more smoothly than the first round when it ran out of ...
The Payroll Protection Program, which went through its first $349 billion worth of funding in less than two weeks, is getting a fresh infusion of $310 billion under the new bill signed Friday.
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 ...
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