A Michigan business paid over $1.4 million to settle allegations it falsely applied for COVID-19 loan forgiveness.

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

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

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 ...

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 ...

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

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

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

Miramar mayoral candidate Rudy Theophin pleaded guilty to COVID relief fund fraud, misusing $123,675 for personal gain.

Anthony DeBarros is a data news editor in The Wall Street Journal's Washington, D.C., bureau. He specializes in gathering and ...

An Olive Branch woman was sentenced to five years in prison for conspiracy to commit wire fraud and conspiracy to commit ...

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 ...