Discover how the SBA is tightening regulations by demanding financial records from 8(a) program participants to prevent fraud. Learn about the implications for businesses and the steps being taken to ensure transparency and accountability.
Discover how eleven individuals were charged in a scheme to fraudulently secure $2.3 million in COVID relief funds, revealing the complexities of pandemic aid misuse and the legal repercussions they face.
Federal prosecutors continue to crack down on PPP fraud, highlighting risks, compliance lessons, and recordkeeping reminders for small business owners years after pandemic relief funds were issued.
A South Carolina businessman faces charges for allegedly defrauding COVID relief programs, with accusations of misappropriating $1.2 million in federal funds. Discover the details behind the case and its implications for pandemic relief efforts.
A Utah businessman has been sentenced to prison for fraudulently obtaining millions in PPP funds. Discover the details of the case, the amount involved, and the implications of this fraudulent activity on the community and economy.
Explore how the SBA's new act significantly boosts financial support for small manufacturers by doubling the loan limit to $10 million, providing vital resources for growth and innovation in the manufacturing sector.
A PPP fraudster has been sentenced to 10 years in prison for orchestrating a $63 million scheme that exploited pandemic relief funds. Discover the details of this significant case and the implications for fraud prevention in financial assistance programs.
A former defense contractor executive has been sentenced for his role in a bribery scheme, highlighting corruption in government contracts. Discover the details of the case, the implications for the defense industry, and the legal consequences faced by the executive.
Discover how the SBA’s Small Business Investment Company (SBIC) program has reached a historic milestone with $53 billion in investments, empowering small businesses and fostering economic growth across the nation.
Discover the details behind the recent charges against four individuals in a COVID-19 loan fraud scheme that exploited SBA funds. Learn how they allegedly manipulated the system for financial gain and the implications of their actions.
Discover how a non-profit organization settled claims regarding its eligibility for a $353,000 PPP loan, highlighting the complexities of pandemic-related financial assistance and the implications for non-profits navigating federal funding.
An Odessa man faces indictment for allegedly defrauding the Paycheck Protection Program (PPP) out of $261,000. Discover the details of the scheme and its implications for fraud enforcement in this in-depth article.