OAK LAWN, Ill. - A 64-year-old woman from Oak Lawn has been sentenced after pleading guilty to fraudulently obtaining more than $20,000 in Paycheck Protection Program (PPP) loans while employed by ...

Former 'Squad' Rep. Cori Bush's husband indicted for allegedly pocketing $20K in PPP loans for 'personal benefit and enjoyment' The husband of former Rep. Cori Bush (D-Mo.) allegedly bilked taxpayers ...

The U.S. contended that Slifco Electric failed to disclose payments made during the loan forgiveness period to its owner for ...

PPP was a federal loan program implemented by the SBA to provide financial relief to small businesses and nonprofits during the COVID-19 pandemic. Prosecutors said Reed fraudulently applied for ...

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.

Campbell Sales Group, Inc., d/b/a LeatherItaliaUSA (CSG) on Mercantile Dr. NE, will pay $1,499,164 to resolve criminal liabilities in connection with a Paycheck Protection Program (PPP) loan scheme, ...

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 ...

Leland-based Campbell Sales Group, which does business as Leather Italia USA, will pay nearly $1.5 million in restitution and penalties for a PPP loan scheme. The furniture supplier fraudulently ...

The settlement stems from claims that Chambers and his companies violated the False Claims Act by falsely certifying their eligibility for forgivable PPP loans meant to support struggling small ...

The U.S. argues that the SBA’s IFR applied to Chambers’ companies and states that eight of the companies were not eligible for PPP loans because the SBA had already given $20 million to other ...

Campbell Sales Group, Inc., d/b/a LeatherItaliaUSA (CSG) on Mercantile Dr. NE, will pay $1,499,164 to resolve criminal liabilities in connection with a Paycheck Protection Program (PPP ...