Jason L. Hemingway, 47, faces two counts each of bank fraud and making false statements on loan applications, plus three ...

Yasir G. Hamed, 60, of Woodbridge, was also ordered to repay the fraudulently obtained funds and serve three years of ...

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

A Texas woman formerly from Kansas City was sentenced to 18 months in prison for her role in a $250,000 COVID-19 PPP loan ...

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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 ...

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 ...

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

PPP loan indictments keep on coming. Carnisha Maurica Rogers was indicted on Oct. 21 for allegedly committing fraud to collect Payment Protection Plan (PPP) loan funds, according to the U.S.

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 ...

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

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.