Van Bortel dealerships accused of getting $7.3M in improper PPP loans

A federal complaint claims Van Bortel dealerships improperly got millions in PPP loans. Also, the Genesee Valley Club settled ...

8 more Chicago police officers face firing over PPP loan fraud, City Hall watchdog says

The inspector general's office has now found that 36 total cops ripped off the pandemic relief program intended to help small ...

NC cable maker to pay $4M to settle claims of improper PPP loan forgiveness

A North Carolina-based cable manufacturer has agreed to pay $4 million to settle allegations it improperly obtained and ...

Christian McKenzie, of Wheatley Heights, sentenced to 2½ years in prison for COVID relief fraud

Christian McKenzie faced up to 30 years in prison for his role in a fraud scheme orchestrated by his cousin, a former NYPD ...
JD Supra

Client Alert: Nonprofits in the Crosshairs: DOJ Targets PPP Loans Under the Civil False Claims Act

A growing number of nonprofit organizations are opening the mail to find a letter from the federal government questioning a ...
American Banker

KeyBank allegedly sought forgiveness on fraudulent PPP loans

Key Bank has agreed to pay more than $7.7 million to settle allegations that it submitted loan forgiveness applications for Paycheck Protection Program loans it knew were likely fraudulent. The ...
The Business Journals

KC man admits to $487,600 PPP fraud after lying on loan application

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min One day after a Kansas City ...
AOL

Is there a PPP loan warrant list? No. See list of COVID-era borrowers

Millions of COVID-relief loans kept businesses afloat. Now, a fraction of borrowers are under scrutiny as federal agencies ramp up efforts to recover funds or prosecute suspected fraud. But ...