A restaurant owner has been ordered to pay $1.5 million after authorities say he misused pandemic relief money.

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 ...

Longtime car dealership owner Herb Chambers, several of his companies and another executive at the company have agreed to pay $11.8 million to resolve allegations that the companies falsely ...

Sara Tenenbaum is the Senior Digital Producer for CBS News Chicago covering breaking, local and community news in Chicago. She previously worked as a digital producer and senior digital producer ...

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, ...

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 ...

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 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 ...

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 ...