The U.S. contended that Slifco Electric failed to disclose payments made during the loan forgiveness period to its owner for ...

On Tuesday, Apr. 22, 2025, a woman in Wake Forest was sentenced to six months in prison as well as a year of home confinement ...

Slifco Electric, LLC settled for $1.46 million over PPP loan forgiveness false claim charges, having paid its owner during ...

A Sterling Heights business has paid a hefty fine to settle an accusation that it made false claims regarding a $2.6 million loan it received under the Paycheck Protection Program during the COVID-19 ...

A Wake Forest woman is set to spend the next six months in prison after pleading guilty to defrauding more than $85,000 in ...

Prosecutors said William Frederick Reed fraudulently applied for three federal Paycheck Protection Program loans by ...

Efforts to defraud the program were substantial. According to the Inspector General’s 2022 report, at least 70,000 PPP loans were potentially fraudulent. [1] The Small Business Administration recently ...