Two foreign-controlled companies have agreed to pay more than $1.7 million after federal officials said they weren’t eligible for the COVID relief loans they took. Setterstix Inc. and MAE-EITEL Inc.

ALEXANDRIA, VA – Six Virginia-based organizations have agreed to pay more than $1.38 million to resolve allegations that they ...

A co-founder of the lender service Blueacorn was sentenced to 10 years in federal prison and ordered to pay $63 million in ...

A former Arizona news anchor has been sentenced to 10 years in prison for federal wire fraud conspiracy and ordered to pay ...

Two foreign-controlled companies agreed to pay $1.75 million to resolve allegations related to the federal Paycheck Protection Program loans.

Hockridge, who worked as an ABC15 news anchor from 2011 to 2018, was acquitted of four counts of wire fraud but convicted of ...

The pandemic’s Paycheck Protection Program offered relief to businesses. Here is what you should know about the loan ...

Six individuals, four of them Brooklyn residents and from the same family, were indicted for allegedly conspiring to steal ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

Blueacorn co-founder Stephanie Hockridge receives a 10-year sentence for her role in a $63 million PPP loan fraud scheme.

With stay-at-home orders in place across the U.S., revenues for the nation’s 30 million small business have dried up, and many businesses have had to lay off employees. To aid these companies and ...

Prosecutors say the settlement resolves serious allegations under the False Claims Act. Here's how much they'll pay.