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

Despite its strong performance, PCB Bancorp trades at a discount to tangible book value and has a relatively low P/E ratio.

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 ...

A Sterling Heights business has paid a hefty fine to settle an accusation that it made false claims regarding a $2.6 million ...

Repeat offender Ron Wallace, 68, defrauded CBD investors. He sought a sentence of house arrest due to poor health.

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

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

Matthew Coleman is the SBA's new regional administrator for New York, New Jersey, Puerto Rico, and the Virgin Islands.

The defendant, who obtained more than $3.2 million in fraudulent federal loans between April 2020 and August 2022, faces up to 40 years in prison.The post American-Israeli pleads guilty to ...

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 ...

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

On April 17, the OCC announced enforcement actions against three institution-affiliated parties, alleging in the first instance fund ...