Two founders of fintech firm Blueacorn were indicted in connection to a widespread Paycheck Protection Plan fraud scheme in the Northern District of Texas, the Department of Justice announced Friday.

After the Supreme Court reversed President Biden's student-loan forgiveness plan, critics of the decision are pointing to other recent examples of the government forgiving debt —many with far larger ...

A founder of a lending service company has pleaded guilty to a serious crime involving fake loans tied to the COVID-19 relief program. Nathan Reis, who co-founded the company Blueacorn, admitted to ...

The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...

The founders of Blueacorn, a Scottsdale-based company that processed Paycheck Protection Program (PPP) loan applications during the pandemic, have been indicted. The indictment lists four criminal ...

Two area businesspeople were indicted Tuesday, accused of fraudulently obtaining more than $7.8 million in small business loans under the CARES Act. Sharhabeel Shreiteh, an accountant in Palos Hills, ...