This scam targets business owners who got financial relief from the Paycheck Protection Program during COVID-19. The PPP loans didn't have to be paid back if you met certain conditions.

Taiji Group USA settles for $460,395 on claims of misleading the government to secure a PPP loan by providing false ...

An Illinois couple has been charged after allegedly each receiving two Paycheck Protection Program (PPP) loans for over ...

A paper converter company in the Charlotte region has agreed to pay more than $460,000 for providing false information to get COVID money, authorities said Thursday. Taiji Group USA, Inc. in Conover ...

The Better Business Bureau (BBB) is warning consumers about an alarming increase in harassing phone calls and voicemails from ...

With all the uncertainty surrounding student loans, scammers are preying on individuals who are looking for lower payments or ...

Participating lenders received processing fees from the Small Business Administration for handling the PPP loan applications ... Tips and complaints from all sources about potential fraud ...

With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

while egregious abuse of federal small business loans – often referred to... Here’s What You Need to Remember: One of the reasons that PPP fraud has been featured so prominently in the news ...

The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...

Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...