Efforts to defraud the program were substantial. According to the Inspector General’s 2022 report, at least 70,000 PPP loans were potentially fraudulent. [1] The Small Business Administration recently ...

New England auto mogul Herb Chambers has agreed to pay roughly $11.8 million to resolve federal allegations that several of ...

Longtime car dealership owner Herbert G. Chambers, several of his companies and another executive at the company have agreed ...

On April 30, 2020, the Small Business Administration established a new rule for the program that businesses part of a single corporate group could not receive more than $20 million in PPP loans.

A man who owned multiple businesses in New Jersey has admitted that he fraudulently obtained about $3.2 million in fraudulent Paycheck Protection Program (PPP) loans. Daniel Dadoun, 48 ...

No one would know about multiple DC Police Officers being investigated for illegal PPP loans unless the media kept asking questions. The 7News I-Team did just that in March of this year ...

Private investigators from Florida alleged that the company had too many employees to qualify for a small-business loan it had secured in 2021.

The automotive retailer was accused of falsely certifying its dealerships’ eligibility for Paycheck Protection Program (PPP) loans to the United States Small Business Administration (SBA).

The settlement noted that AFR obtained a $10-million PPP loan in 2020, when applicants had to employ fewer than 500 workers. That loan was also forgiven. The qui tam lawsuit said an FAQ list with ...